Maria Deutscher
Latest from Maria Deutscher
Grafana Labs reportedly raising funding at $9B valuation
Grafana Labs Inc., a startup focused on commercializing the open-source Grafana observability platform, is reportedly in talks to raise new capital. The Information today cited sources as saying Singapore’s GIC sovereign wealth fund is expected to lead the round. It’s unclear how much funding Grafana Labs’ hopes to raise. However, the insiders did reveal that ...
Sales software companies Seismic and Highspot to merge
Seismic Software Inc. and Highspot Inc., two well-funded startups that develop software for enterprise sales teams, have signed a merger agreement. The companies announced the deal on Thursday. The combined organization is set to operate under the Seismic brand and will be led by Seismic Chief Executive Rob Tarkoff. Robert Wahbe, the founding CEO of ...
AI digital twin startup Simile raises $100M in funding
Simile Inc., a startup that’s using artificial intelligence to generate digital twins of individuals, has raised $100 million in funding. Lead investor Index Ventures announced the deal in a blog post published today. The venture capital firm was joined by several other institutional backers, including Bain Capital Ventures. AI pioneer Fei-Fei Li and OpenAI Group ...
Anthropic closes $30B round after annualized revenue tops $14B
Six months after closing a $13 billion investment, Anthropic PBC today announced that it has raised an additional $30 billion at a $380 billion valuation. Singapore’s GIC sovereign wealth fund and Coatue led the round. They were joined by more than 30 other backers including D. E. Shaw Ventures, Dragoneer, Founders Fund, MGX and ICONIQ, ...
Check Point announces three startup acquisitions after mixed quarter
Check Point Software Technologies Ltd. has acquired three venture-backed startups to enhance its cybersecurity capabilities. The company announced the deals, which are reportedly worth $150 million, today in conjunction with the release of its earnings report. Check Point significantly exceeded profit expectations but its sales missed the consensus estimate by a hair. The company’s share ...
GlobalFoundries shares soar 16% on strong quarterly results, guidance
GlobalFoundries Inc.’s shares closed 16% higher today after the chipmaker posted fourth-quarter results that topped the consensus estimate. The company’s forecast also surpassed expectations. Another likely contributor to its share price gains is that it announced a $500 million share buyback program in conjunction with the results. Malta, New York-based GlobalFoundries makes chips using legacy ...
Fusion power startup Inertia raises $450M round backed by GV
Startup Inertia Enterprises Inc. today announced that it has raised $450 million in funding to build a laser-powered fusion reactor. Bessemer Venture Partners led the round. It was joined by Alphabet Inc.’s GV fund, Modern Capital, Threshold Ventures and others. Inertia was launched last year by former Twilio Inc. Chief Executive Jeff Lawson (pictured, center). ...
Photonic AI chip startup OLIX nabs $220M investment
OLIX Computing Ltd., a startup developing an artificial intelligence chip with integrated optical components, has raised $220 million in funding. The Financial Times reported today that the investment was led by Belgian venture capital firm Hummingbird Ventures. The deal values U.K.-based OLIX Computing at over $1 billion. The company previously raised an undisclosed amount of ...
Report: AI model compression startup Multiverse seeking €500M funding round
Multiverse Computing SL, a startup with technology that reduces the hardware footprint of artificial intelligence models, is reportedly raising new capital. Sources told Bloomberg today the Spanish company is seeking €500 million, or about $594.4 million. The round is expected to value Multiverse at €1.5 billion. The report comes about eight months after the software ...
Entire launches with $60M to build an AI-focused code management platform
Entire Inc., a startup led by former GitHub Chief Executive Thomas Dohmke, launched today with $60 million in funding. Felicis led the seed round with participation from Microsoft Corp.’s M12 fund, Madrona and other venture capital firms. They were joined by several prominent angel investors. The group included Datadog Inc. CEO Olivier Pomel, Y Combinator ...