Maria Deutscher
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IPO thaw? Cloud software company Coupa files $75M offer
Tech IPOs are slowly but surely starting to make a resurgence. Less than three weeks after advertising automation specialist The Trade Desk Inc. filed for a public offering, Coupa Inc. is following suit and starting its own journey towards the stock market. The company’s Securities and Exchange Commission paperwork states that it’s planning to trade ...
Report: Intel has quietly bought chip startup Soft Machines for $250M
Growing competition in the chip market is driving Intel Corp. to aggressively hunt for new technologies that can help maintain its leadership position. According a tipster who recently spoke with The Register, the vendor has secretly acquired a startup called Soft Machines Inc. as part of the effort in a deal worth about $250 million. ...
Zenedge raises $6.2 million for its AI-powered firewall
As hackers continue to improve their methods, organizations are swapping traditional security software for more modern products that can provide better protection against attacks. A Florida-based startup called Zenedge LLC raised $6.2 million in funding today to try and capitalize on the trend with its namesake web application firewall. The hosted system uses patent-pending artificial intelligence technology ...
Google boosts cloud efforts with $625M Apigee acquisition
For the first time since absorbing Motorola Mobility Inc. in 2011, Google is acquiring a publicly traded company, announcing today that it’s buying cloud-based application programming interface management provider Apigee Inc. for $625 million. It’s a key move in Google’s attempt to build up its cloud computing services versus leaders such as Amazon.com Inc. and ...
Israel’s Proov raises $7M for its proof-of-concept cloud
There’s much more to buying software in the enterprise than just choosing the vendor with the most appealing value proposition. Organizations must also painstakingly test every product to see whether it works with their existing infrastructure, a task that Proov Inc. is looking to simplify. The Israeli startup today raised $7 million from Mangrove Capital Partners and ...
IBM unveils new chip and servers for data-intensive workloads
Since exiting the commodity server market in 2014, IBM Corp. has been able to pay much more attention to its high-end machines. The latest fruit of the vendor’s efforts is a trio of Power LC models that are built to run complex artificial intelligence and analytic applications. The most noteworthy of the systems is the two-socket S822LC, ...
Fast-rising DevOps startup HashiCorp raises $24M in funding
For a startup that hit the scene in only 2012, HashiCorp Inc. punches above its weight. The outfit has seen its open-source application management tools downloaded millions of times in the last few years, recently passed the seven-figure quarterly sales mark and today raised an additional $24 million to fuel its growth efforts. The capital ...
vArmour joins the deception-based security game
The growing interest in deception-based security software from startups like the recently funded GuardiCore Ltd. is starting to draw the attention of more established players as well. The latest entrant into the race is vArmour Inc., which today unveiled a new honeypot tool for its namesake breach prevention system that promises to help organizations deflect hacking ...
DigitalOcean offers $100K in cloud credits to startups
DigitalOcean Inc. is stepping up its efforts to court startups. The infrastructure-as-a-service provider today launched a program called Hatch that offers eligible teams $100,000 worth of free cloud resources plus training materials, priority support and other assistance. The initative aims to level the playing field against better-established providers like Amazon Inc. that are also trying ...
Desktop-as-a-service startup Dizzion raises $6.4M amid growing competition
Like the rest of the IT industry, the desktop virtualization market is seeing more and more organizations switch from on-premise solutions to hosted alternatives that are easier to manage. One of the providers working to capitalize on the trend is a Denver-based startup called Dizzion Inc. that raised $6.4 million in funding today to fuel ...