Maria Deutscher
Latest from Maria Deutscher
Online ticketing powerhouse Eventbrite files for $200M IPO
Following a July report that claimed Eventbrite Inc. has secretly filed for an initial public offering, the online ticketing giant today officially announced plans to join this year’s tech IPO wave. Eventbrite will debut on the New York Stock Exchange under the ticker “EB.” The company hopes to raise as much as $200 million through ...
Partly thanks to fast-growing cloud, Alibaba tops earnings expectations again
Following disappointing earnings reports from China’s two other leading tech firms, Alibaba Group Holding Ltd. today brought a welcome change for investors with first-quarter results that topped Wall Street expectations. The biggest highlight was the e-commerce titan’s revenue. Alibaba saw sales climb an impressive 61 percent during the first quarter to 80.9 billion yuan, or ...
Nylas raises $16M round backed by John Chambers to become the Twilio of email
Nylas Inc., a startup that helps developers add email-powered features to their applications, today announced that it has secured $16 million in funding from a group of high-profile backers. The lead investor in the round was Spark Capital. The firm is known for having made successful bets on Twitter Inc., Slack Technologies Inc. and other top tech ...
Ahead of 2019 IPO, Uber hires Wall Street veteran Nelson Chai
Uber Technologies Inc. today appointed Wall Street veteran Nelson Chai as chief financial officer, filling a position that has been vacant since 2015, in preparation for a near-future initial public offering. Uber Chief Executive Officer Dara Khosrowshahi said in May that he’s looking to launch the IPO during the second half of 2019, while anonymous sources ...
Adobe applies its Sensei AI to email marketing with new tools
Consumers have more ways to interact with brands online than ever, but email continues to be the go-to medium for many. A recent survey from Adobe Systems Inc. saw half the respondents say they prefer to have offers sent to their inboxes. To help marketers use this channel more effectively, the company today introduced new capabilities designed to automate outreach ...
With 8M+ daily users, Slack raises new $427M funding round at $7.1B valuation
Team chat market leader Slack Technologies Inc. today reaffirmed its position at the head of the pack by announcing the completion of a $427 million funding round led by Dragoneer Investment Group and General Atlantic. The investment bumps the startup’s valuation to over $7.1 billion. That’s a major jump from the $5.1 billion valuation that ...
Dell EMC’s new PowerEdge MX platform makes data center infrastructure modular
Dell EMC today introduced the PowerEdge MX, an infrastructure platform first teased earlier this year that takes a modular approach to managing hardware resources. The system combines compute, storage and networking gear with management software in a single chassis. The concept is similar to so-called hyperconverged infrastructure appliances, except the hardware building blocks are decoupled from one another to ...
Cohesity launches Helios, an AI-infused service for managing secondary data
Cohesity Inc., the storage startup that raised a massive $250 million round led by SoftBank Corp.’s Vision Fund in June, is marking its first major product release since the investment. The company today unveiled an artificial intelligence-infused cloud service called Helios for managing deployments of its DataPlatform software. DataPlatform is designed for storing the “secondary ...
Nvidia’s new AI-optimized graphics chips promise sixfold speed boost for desktops
Before rising to data center prominence, Nvidia Corp. focused primarily on making graphics cards for the high-powered desktops favored by videogame enthusiasts, a market that remains an important revenue source for the chipmaker. At a gaming event in Germany today, Nvidia Chief Executive Officer Jensen Huang followed through on a veiled promise during Nvidia’s earnings report late last ...
Facebook teams up with NYU for new AI project to make MRI scans 10 times faster
In parallel with Alphabet Inc.’s high-profile work to apply artificial intelligence in healthcare, other tech giants are pursuing their own medical AI projects. One of the participants in this industry effort is Facebook Inc., which today announced a collaboration with the New York University School of Medicine to harness machine learning for radiology. The partnership’s ...