Maria Deutscher
Latest from Maria Deutscher
AI startup Bitfusion raises $5M to simplify deep learning projects
The complexity of artificial intelligence workloads can make them incredibly difficult to deploy. Application teams must set up specialized infrastructure to efficiently support the deep learning neural network algorithms running under the hood, a task that BitFusion.io Inc. is working to ease. The startup is supported by $5 million in new funding courtesy of Sierra Ventures, Data Collective, ...
User engagement giant Jive to go private in $462 million deal
Six years after hitting the stock exchange, Jive Software Inc. is returning to private ownership. The company, which helps brands create online portals where they can interact with their users, today announced that it has accepted a $462 million buyout offer from ESW Capital LLC. The acquisition will be carried out by Wave Systems Corp., a subsidiary ...
With $13M in new funding, Airwallex hopes to ease cross-border payments
Despite the best efforts of the banking sector, sending money from one part of the world to another is often cumbersome for companies. Australia’s Airwallex Ptd Ltd is working to change the situation. The startup has received a major endorsement today in the form of a $13 million funding round provided by Mastercard Inc., Sequoia Capital ...
Fast-rising data visualization startup Domo raises $100 million round
Turning a company’s business records into a straightforward dashboard that executives can understand at a glance is a major undertaking, one that several companies are offering to handle. One of the most well-funded contenders is Domo Inc., which plans to further bolster its war chest by raising as much as $200 million through a newly revealed ...
Chinese Uber rival Didi Chuxing raises a massive $5.5B
Less than a year after closing a mammoth $7.3 billion investment, Digi Chuxing Technology Co. is raising eyebrows in the venture capital world once again. The Chinese ride-hailing giant today divulged that it has raised a stunning $5.5 billion as part of a new round that the usual anonymous sources claim values it at around ...
UiPath reels in $30M to automate business chores
Chatbots aren’t the only form of artificial intelligence helping to streamline day-to-day work in the enterprise. Organizations have also started adopting so-called robotic processes, automatic apps configured to carry out a specific task that are being popularized, thanks in part to UiPath SRL. The Romanian startup announced today that it has raised $30 million in funding to ...
Cloudflare’s new Orbit service aims to secure the Internet of Things
Perhaps nothing reflects the state of cybersecurity in the connected universe better than the recent phenomenon of vigilantes bricking vulnerable devices to prevent them from falling victim to other hackers. According to Cloudflare Inc., the situation calls for a major overhaul of breach prevention strategies. The provider hopes to usher in this change with a ...
Huddly, maker of a smart camera for video conferences, raises $10M
Attending a video conference requires little more than a smartphone camera nowadays, but the large firms at the forefront of the remote meeting movement have higher standards. Huddly hopes to seize the opportunity with the help of $10 million in new funding announced today. The Norwegian startup sells a compact camera specifically geared towards geographically dispersed teams. Dubbed ...
Red Hat repackages its application management tech into software containers
A year after buying application connectivity startup 3scale Inc., Red Hat Inc. is making the technology that it obtained through the deal available in a new form geared toward tech-savvy firms. Unveiled on Thursday, Red Hat 3scale API Management – On Premise runs on the company’s OpenShift Container Platform and is designed to be deployed ...
IBM launches four new US data centers in latest cloud expansion
After a series of major cloud expansions overseas, IBM Corp. is turning its attention back to the U.S. The technology giant today announced the launch of four new U.S. data centers that will provide access to its extensive range of infrastructure and development automation services. Two are located in Dallas, Texas, while the other pair ...