Maria Deutscher
Latest from Maria Deutscher
Cybersecurity services startup Proficio raises $12M to go global
Most of the security startups that raise funding nowadays compete on the software side of the breach prevention market. Proficio Inc. is different. The Carlsbad, Calif.-based company provides managed network protection services for enterprises that struggle to deal with the growing volume of hacking attacks on their own. It entered the industry spotlight today after ...
IBM report: Global retailers cash in on online holiday spending
It was a profitable weekend for online retailers both in the U.S. and abroad, according to IBM Corp.’s holiday season spending report released today. The technology giant, whose connection to holiday sales is its claims that its products have helped process $62 billion worth of e-commerce transactions since Thursday, said retailers recorded a 24 percent worldwide ...
Stripe’s valuation reaches $9B thanks to new $150M funding round
Stripe Inc. got an early holiday present today as the payment processing startup announced it has closed a $150 million investment. Led by General Catalyst Partners and Alphabet Inc.’s recently renamed private equity arm, CapitalG, the funding gives Stripe a mammoth $9.2 billion valuation, according to the Wall Street Journal. That’s nearly twice the valuation it ...
Ashton Kutcher’s VC firm leads $2.7M round for app analytics startup Apptopia
The app store intelligence market is expanding so rapidly that even Hollywood has taken notice. Sound Ventures, a fund owned by actor Ashton Kutcher and entertainment industry bigwig Guy Oseary, this week led a $2.7 million investment into Apptopia Inc. to capitalize on the segment’s growth. They were joined by Mark Cuban and a half-dozen ...
Cohesity launches cloud version of its hyperconverged storage appliance
Hyperconverged infrastructure startup Cohesity Inc. today launched a new cloud version of its flagship storage appliance. Cohesity DataPlatform Cloud Edition provides a standalone implementation of the software that powers the firm’sappliance. It’s designed to provide a centralized platform for hosting backups, archives and other so-called secondary storage workloads. Organizations are increasingly moving such low-priority information outside the ...
Cisco joins Helpshift’s funding to boost its contact center business
Like many fellow enterprise technology giants, Cisco Systems Inc. has a venture capital arm that backs various initiatives and startups with the potential to advance its goals. The newest name in the company’s portfolio is Helpshift Inc., an in-app customer care provider that helps organizations cut the amount of resources they spend on supporting mobile users. ...
Amazon slashes cloud storage rates, adds new data retrieval options
Amazon Inc. took price competition in cloud computing up another notch recently by announcing a major cost cut for S3 Standard Storage, its object service, that will kick into effect next month across 11 regions. Customers that keep their data at the company’s Northern Virginia, Ohio and Oregon facilities will see a 23 percent reduction ...
IBM to launch four new cloud data centers in the U.K., ahead of Amazon and others
Despite the complications that the Brexit vote has caused for some British cloud computing buyers, IBM Corp. still sees a big growth opportunity in the local infrastructure-as-a-service market. The company plans to address the increasing demand by launching four new data centers in the U.K. through 2017. The first facility is set to open by ...
Google offers early access applications for Team Drives file locker
A few weeks after Google Drive was officially rebranded to G Suite, the more technical elements of the overhaul are starting to fall into place. Google Inc. today launched an early access program for Drive Teams, a new version of its file locker that was unveiled in September to provide an environment where workers can directly ...
Chip industry consolidation rolls on as Macom buys Applied Micro for $770M
Market consolidation is continuing to change the competitive landscape of the semiconductor industry. Macom Technology Solutions Holdings, a maker of so-called analog chips for handling optical transmissions and other physical signals, today announced that it’s buying Applied Micro Circuits Corp. in a $770 million deal. The cash-and-stock transaction values the latter company at a premium ...