Maria Deutscher
Latest from Maria Deutscher
Defense technology startup Mach Industries raises $100M
Mach Industries Inc., a startup that makes hardware systems for the defense sector, has raised $100 million in funding. The company announced the Series B investment today. Khosla Ventures and Bedrock led the raise with participation from several other backers including Sequoia Capital. According to TechCrunch, Mach Industries is now worth $470 million. Huntington Beach, ...
PostHog raises $70M to streamline software development projects
Developer tooling startup PostHog Inc. has raised $70 million in funding, Crunchbase reported today. Payment processing provider Stripe Inc. led the Series D investment. It was joined by Alphabet Inc.’s GV startup fund, Formus Capital and Y Combinator, which incubated PostHog in 2020. The company is now reportedly valued at $920 million. PostHog sells a ...
Sedai raises $20M to optimize cloud environments with AI agents
Sedai Inc., a startup that helps enterprises make their cloud environments more reliable and cost-efficient, has raised $20 million in fresh funding. The Series B round was announced today. Atlantic Vantage Point led the raise with participation from Norwest, Sierra Ventures and Uncorrelated Ventures. The investment follows a year in which Sedai claims to have grown ...
Users of new Meta AI app unknowingly make chatbot logs public
Some users of a new Meta Platforms Inc. artificial intelligence app have inadvertently made their chatbot conversations public. TechCrunch and other outlets reported the phenomenon on Thursday. According to the publication, a cybersecurity researcher has determined that some of the publicly shared chatbot conversations included users’ addresses, information about court cases and other sensitive data. This ...
Flying taxi developer Archer Aviation raises $850M more in funding
Archer Aviation Inc. has raised $850 million in funding to support the rollout of its flying taxis. The NYSE-listed company announced the deal on Thursday. The transaction was structured as a direct offering in which Archer sold 85 million shares for $10 apiece. In today’s trading session, its stock price dropped about 14% to exactly ...
Google develops AI model for forecasting tropical cyclones
Google LLC today detailed an artificial intelligence model that can forecast the path and intensity of tropical cyclones days in advance. According to the company, the algorithm was developed through a collaboration between its Google Research and DeepMind units. It’s available through a newly launched website called Weather Lab. Usually, scientists rely on algorithms known ...
Sam Altman-backed network infrastructure startup Meter raises $170M
Meter Inc., a startup that helps companies build corporate networks, has raised $170 million in funding from a group of prominent investors. General Catalyst led the round. Meter detailed in its announcement of the deal today that Baillie Gifford, J.P. Morgan, Microsoft Corp. and Sequoia Capital participated as well along with a number of other ...
AMD debuts new flagship MI350 data center graphics cards with 185B transistors
Advanced Micro Devices Inc. today introduced a new line of artificial intelligence chips that it says can outperform Nvidia Corp.’s Blackwell B200 at some tasks. The Instinct MI350 series, as the product family is called, includes two graphics cards. There’s the top-end MI355X, which relies on liquid cooling to dissipate heat. It’s joined by a ...
Securonix acquires threat intelligence startup ThreatQuotient
Securonix Inc. today announced that it has acquired fellow cybersecurity startup ThreatQuotient Inc. to enhance its breach prevention capabilities. The terms of the deal were not disclosed. Addison, Texas-based Securonix is backed by more than $1 billion in funding. It raised most of that capital through a 2022 growth investment provided by Vista Equity Partners. ...
SailPoint shares jump 14%+ on strong first-quarter earnings
Shares of cybersecurity provider SailPoint Technologies Inc. rose more than 14% today after it posted quarterly results that topped expectations across the board. The company also upgraded its full-year guidance. The earnings report is SailPoint’s second since going public in February. The offering raised $1.18 billion and gave the company a market capitalization of $12.8 ...