Maria Deutscher
Latest from Maria Deutscher
Report: Intel to lay off 20%+ of its workforce in efficiency push
Intel Corp. plans to announce a significant round of layoffs later this week, Bloomberg reported on Tuesday. The company is expected to let go more than 20% of its workforce, which stood at 108,900 employees last December. That means over 20,000 roles could be cut. It’s unclear which business units are set to be affected ...
Cynomi nabs $37M for its AI-powered vCISO platform
Cynomi Ltd., a startup that uses artificial intelligence to improve companies’ cybersecurity posture, has raised $37 million in funding to grow its market presence. The Series B round was announced today. Lead investors Insight Partners and Entrée Capital were joined by existing backers Flint Capital, S16VC and Canaan. The latter firm led Cynomi’s previous $20 ...
Google scales back cookie-focused Privacy Sandbox initiative
Google LLC is scaling back Privacy Sandbox, an initiative it launched in 2019 to reduce the advertising industry’s use of third-party cookies. Privacy Sandbox Vice President Anthony Chavez announced the move in a blog post published today. Third-party cookies are small files that an advertiser installs on consumers’ devices to track their browsing history. The ...
Cloud security startup Reco raises $25M in funding
Recolabs Inc., a startup that helps companies secure their software-as-a-service applications, has closed a $25 million funding round to enhance its technology. The investment was announced today. It included the participation of Insight Partners, Zeev Ventures, boldstart ventures, Angular Ventures and Redseed. Rico claims the cash infusion follows a year in which its annual recurring ...
Supabase reels in $200M for its open-source relational database
Database developer Supabase Inc. has raised $200 million in funding from a group of prominent investors at a $2 billion valuation. Fortune reported the investment today. The round included the participation of Accel, Coatue, Y Combinator, Craft Ventures and Felicis. The venture capital firms were joined by multiple angel investors, including OpenAI Chief Product Officer ...
Cycode introduces new cybersecurity features for development teams
Cycode Ltd. today introduced a set of new features designed to help development teams ensure that their code is secure. The enhancements are rolling out for the company’s flagship ASPM, or application security posture management, platform. It helps developers scan new software for vulnerabilities before releasing it to production. Cycode spots issues across custom code, ...
Ocient raises $42.1M more for its speedy data analytics platform
Ocient Inc., a startup with an analytics platform that can run some queries 100 times faster than competing systems, today announced that it has raised $42.1 million in funding. The cash infusion marks the second extension of a Series B round the company first closed in 2021. The original $40 million investment was increased to ...
FTC sues Uber over Uber One subscription billing practices
The U.S. Federal Trade Commission today sued Uber Technologies Inc. over a subscription service that it offers to customers of its ride-hailing and food delivery apps. Uber One, as the offering is called, had 30 million users as of Dec. 31. For $9.99 per month, the company waives delivery fees on orders that exceed a ...
Paul Graham criticizes Palantir over ‘ImmigrationOS’ contract with ICE
Prominent tech investor Paul Graham has criticized Palantir Technologies Inc. over a software contract it recently won from the U.S. Immigration and Customs Enforcement. Graham shared an article about the contract in a Thursday post on X. He wrote that “it’s a very exciting time in tech right now. If you’re a first-rate programmer, there ...
AI interpretability startup Goodfire raises $50M in funding
Goodfire AI Inc., a startup that helps developers understand how their large language models work, has raised $50 million in funding to support research initiatives. The company announced the Series A round on Thursday. Menlo Ventures led the investment with participation from Anthropic PBC, Lightspeed Venture Partners and other backers. The cash infusion comes six ...