Maria Deutscher
Latest from Maria Deutscher
Confirming rumors rumors from a few weeks ago, Amazon.com Inc. today unveiled a new cloud computing service for artificial intelligence and other data-intensive applications. The new addition to Amazon Web Services’ Infrastructure-as-a-Service (IaaS) is based on Graphics Processing Units (GPUs) from Nvidia Corp., which …
Cloudflare launches two new services for dealing with traffic surges
A few days after Akamai Technologies Inc. launched a service for speeding up media-heavy websites, CloudFlare Inc. is upping the ante by rolling out two new administrative tools to its rivaling content delivery network. The first addition is a security system called …
Unicorn sighting: Apttus raises $88M at $1.3B valuation, launches AI called Max
It’s a big day for Apttus Corp. and its cloud-based billing automation. The company, which helps organizations prepare invoices and contracts, today raised a hefty $88 million investment from a group of backers led by UAE-based fund GII. The funding brings its valuation …
Contrast Security raises $16M to help applications defend against attacks
By their nature, the traditional security tools that organizations use to protect their in-house workloads don’t lend themselves too well to modern services deployed in the cloud or inside containers. As a result, chief information officers are turning to new-generation breach prevention …
Akamai picks up stream processing startup Concord
Analytics appears to be taking on a bigger role in Akamai Technologies Inc.’s growth plans. The content delivery giant today announced that it has acquired Concord Systems Inc., the New York-based startup behind the open-source stream processing engine of the same name. …
Druva raises $51M to help companies protect their off-premises data
Organizations have limited control over the business information that employees store in the cloud and on their mobile devices, but that information needs to be protected just as much as the data they keep behind the firewall. One of the vendors working …
Deep learning startup Skymind bags $3M to help companies build better AIs
Artificial intelligence startups are emerging as a magnet for venture capital investment. Today, it was the San Francisco-based Skymind Inc. that took the spotlight after raising $3 million in funding from Chinese web giant Tencent Holdings Ltd., Y Combinator and three other …
SAP to invest $2.2B to expand its Internet of Things business
With Gartner Inc. expecting enterprise investment in connected devices and related technologies to reach $1.4 trillion per year by 2020, it’s no surprise that information technology vendors are so enthusiastic about the trend. SAP SE became the latest to join the fray …
ProsperWorks bags $24M to fill Google Apps’ CRM gap
While it has emerged as a serious contender to Microsoft Corp. in cloud-based productivity software, Google still lacks many of the features provided by its rival. But the search giant has a broad network of partners working to fill the gaps. Among …