Maria Deutscher
Latest from Maria Deutscher
Data management startup Cribl nabs $319M at $3.5B valuation
Cribl Inc., a startup with a suite of data management tools for enterprises, has closed an oversubscribed late-stage investment worth $319 million. The Series E deal, which was announced this morning, included $200 million in equity funding and a $119 million secondary sale. Alphabet Inc.’s GV startup investment arm was the lead investor. CapitalG, another ...
Planera raises $13.5M for its construction management platform
Startup Planera Inc. today announced that it has raised $13.5 million in early-stage funding to enhance its project management platform for construction companies. Sierra Ventures led the Series A round. It was joined by Sorenson Capital, Brick and Mortar Ventures, Prudence VC and Firebolt Ventures. Before embarking on a new construction project, contractors create a ...
Viggle AI raises $19M in funding for its AI video generator
Viggle AI, a startup with a popular video generation service of the same name, today announced that it has closed a $19 million early-stage investment. The Series A round was led by Andreessen Horowitz with participation from Two Small Fish. Toronto-based Viggle AI will invest the capital in product development and growth initiatives. Viggle AI, ...
IBM reportedly shuttering its R&D hub in China
IBM Corp. is winding down its research and development group in China, multiple publications reported today. A source told Bloomberg that the move is set to affect fewer than 1,000 employees. The Wall Street Journal put the number at more than 1,000. It’s believed the R&D group focused on developing servers, storage equipment and enterprise ...
Netherlands fines Uber €290M for breaching EU’s GDPR privacy regulation
The Netherlands’ privacy watchdog today issued a fine of €290 million, or about $324 million, to Uber Technologies Inc. over its data management practices. The decision relates to a regulatory framework called the EU-US Privacy Shield that was struck down by a court in 2020. Uber, like many other U.S. tech firms, transfers information it ...
Justice Department sues property management software provider RealPage
The U.S. Justice Department and eight state attorneys general today filed an antitrust lawsuit against RealPage Inc., a major provider of property management software. The complaint revolves around two main arguments. First, the Justice Department charges that RealPage’s software unlawfully decreases competition among landlords and thereby drives up rent prices. The lawsuit’s other core allegation ...
Redis debuts new data integration and AI features for its database
Redis Inc. today updated its namesake database with a set of new features designed to ease software development for customers. Some of the enhancements are rolling out for the core open-source version of the platform. Others will become available in the paid version, which includes additional features that simplify infrastructure maintenance and data processing tasks. ...
Report: Chinese organizations use public cloud to access restricted AI chips
Multiple organizations in China have sought to rent high-end graphics cards from U.S. cloud providers, Reuters reported late Thursday. The news agency learned of the procurement effort by reviewing publicly-available tender documents. Those are invitations that ask companies to submit bids for a contract, in this case artificial intelligence infrastructure purchases. Under U.S. export controls ...
Apple updates iOS and iPadOS to improve compliance with EU’s DMA law
Apple Inc. today previewed an update for iOS and iPadOS that will improve the operating systems’ compliance with the European Union’s DMA law. The update is set to roll out at an unspecified date later this year. The DMA, or Digital Markets Act, is a piece of legislation that the European Parliament passed in 2022. ...
Divers recover body of Autonomy co-founder Mike Lynch from superyacht wreckage
Divers have recovered the bodies of Mike Lynch and four of his guests from the wreckage of the superyacht Bayesian, the Italian Coast Guard announced today. The vessel sank near the coast of Sicily early Monday morning amid an intense storm. Fifteen passengers were rescued by the crew of the Sir Robert Baden Powell, a ...
