Maria Deutscher
Latest from Maria Deutscher
Smartphone shipments plummet 18% in North America to five-year low
The recent slowdown in the global mobile market caused North American smartphone shipments to drop by 18% this past quarter, according to a study released today. Research firm Canalys.com Ltd., which produced the report, said that it’s the biggest year-over-year decline it has ever recorded. The company’s data shows that weak demand pulled down first-quarter ...
Evident ID bags $20M round backed by NEA for its identity verification platform
In addition to the growing risk posed by data breaches, enterprise security teams have to fend off the increasingly sophisticated online fraud methods being deployed by cybercriminals. Evident ID Inc. hopes to mitigate this threat by making it easier for companies to verify that potential suppliers, customers and employees are whom they say they are. The ...
Cohesity picks up backup startup Imanis Data in first acquisition
Heavily funded storage startup Cohesity Inc. today announced that it has bought Imanis Data Inc., a provider of database backup software, in its first acquisition. The deal comes a year after Cohesity raised a $250 million investment from a consortium led by SoftBank Corp.’s Vision Fund. The startup didn’t disclose how much of that capital it ...
After two years as Docker CEO, Steve Singh steps down, Rob Bearden steps in
Docker Inc. Chief Executive Steve Singh is stepping down and will hand over the reins to former Hortonworks Inc. CEO Rob Bearden, the company announced today. Singh will remain at the helm until early June to help with the transition. He’ll continue serving as chairman of the board once the leadership change becomes official. The ...
Sumo Logic joins the unicorn club with $110 million funding
Two years after its last funding round, Sumo Logic Inc. has decided to raise outside capital again, announcing this morning that it has closed a hefty $110 million investment led by Battery Ventures. Tiger Global Management, Franklin Templeton and a number of the startup’s prior backers contributed as well. The capital injection brings its total raised to ...
Google’s new Cloud TPU Pods offer an on-demand AI supercomputer
Google LLC today expanded its cloud platform with the launch of Cloud TPU Pods, a new infrastructure option aimed at large artificial intelligence projects that require vast amounts of computing power. A Cloud TPU Pod is essentially a set of server racks running in one of the search giant’s data centers. Each rack is loaded ...
GM’s Cruise self-driving car unit raises $1.15B more at $19B valuation
GM Cruise LLC, the General Motors Co. subsidiary developing self-driving cars, today divulged that it has raised another $1.15 million in funding to support its operations. This latest investment, which comes in a week when ride-hailing giant Uber Technologies Inc. is set to go public, was led by Rowe Price Group Inc. with participation from all ...
AMD and Cray will build a record-shattering 1.5-exaflop supercomputer for the DOE
With its 200-petaflop peak performance, the Department of Energy’s Summit system sits comfortably in first place on the TOP500 ranking of the world’s most powerful supercomputers. Today, the agency revealed plans to build a new system that will pack seven times more computing power than its predecessor. The DOE has awarded the $600 million contract for ...
EU reportedly preparing antitrust probe into Apple’s App Store rules
A year and a half after its last run-in with European Union regulators, Apple Inc. is reportedly facing the prospect of another investigation. The Financial Times reported today that the EU’s antitrust body is preparing to launch a probe into the iPhone maker’s conduct towards iOS developers. The investigation could start within weeks, according to the ...
With a mission to simplify startup equity, Carta bags $300M in funding
Carta Inc., a startup that helps tech firms and other companies manage their equity, has sold some of its own equity through a massive new funding round that was announced today. Carta has raised a hefty $300 million investment led by Andreessen Horowitz with participation from more than a half-dozen other prominent backers. Among them were ...