Maria Deutscher
Latest from Maria Deutscher
Statsig secures $100M in funding for its product testing platform
Statsig Inc., a startup that helps developers measure how well new features are received by users, has raised $100 million in funding. The Series C investment was announced today. ICONIQ Growth led the deal with participation from Sequoia and Madrona. According to Fortune, Statsig raised the capital after rejecting an acquisition offer from Datadog Inc., ...
Databricks reportedly could acquire serverless database startup Neon for $1B+
Databricks Inc. is reportedly seeking to buy Neon Inc., a startup that sells a commercial version of the open-source PostgreSQL database. Tech publication Upstarts Media today cited sources as saying that the acquisition talks are at an advanced stage. Some insiders reportedly describe the deal “as if it’s done,” while others cautioned that it may ...
OpenAI abandons plan to spin off for-profit arm
OpenAI has scrapped a restructuring initiative that would have separated its for-profit and nonprofit arms. Chief Executive Officer Sam Altman announced the move today in a memo to employees. OpenAI launched in 2015 as a nonprofit artificial intelligence research lab. Four years later, it created a for-profit arm to lead its AI development and commercialization ...
AI code editor startup Anysphere reportedly closes $900M funding round
Anysphere Inc., the startup behind the popular Cursor code editor, has reportedly raised $900 million in funding. Sources told the Financial Times late Sunday that Thrive Capital led the investment. The venture capital firm previously led OpenAI’s $6.6 billion raise last year. Thrive Capital was reportedly joined by Andreessen Horowitz, Accel and other backers. It’s ...
SonicWall debuts new firewalls and managed cybersecurity service
SonicWall Inc. today debuted two new firewall appliances, the NSa 2800 and NSa 3800, that promise to help companies more effectively block cyberattacks. The devices are rolling out alongside a new managed service called MPSS. It’s designed to reduce the amount of effort involved in maintaining an organization’s firewalls. “With this launch, we are bringing ...
Doppel raises $35M for its social engineering detection platform
Cybersecurity startup Doppel Inc. today disclosed that it has closed a $35 million funding round led by Bessemer Venture Partners. The venture capital firm was joined by 9Yards Capital, Sozo Ventures and several returning backers. The Series B raise closed at a $205 million valuation. “We’ll use these funds to double down on our core ...
Anthropic updates Claude with new Integrations feature, upgraded research tool
Anthropic PBC today updated Claude with a feature called Integrations that will enable the chatbot to access data from third-party cloud services. The company rolled out the capability alongside an enhanced version of Research, a tool it introduced last month. The latter feature enables Claude to prepare detailed reports about user-specified topics. Research can now ...
Astronomer nabs $93M for its data pipeline platform
Astronomer Inc., a startup that helps organizations move data between their applications, has secured a $93 million funding round. The company announced the Series D investment today. Bain Capital Ventures led the round with participation from Salesforce Ventures, Insight and other institutional backers. Astronomer offers a paid cloud version of Apache Airflow, a popular open-source ...
Court finds that Apple breached 2021 injunction with App Store rules
A federal court on Wednesday found Apple Inc. to be in breach of a 2021 injunction that had ordered it to ease the App Store’s terms of service. Both rulings focus on the restrictions that the iPhone maker applies to in-app transactions. Apple must now revise several of those policies. “We will comply with the ...
OpenText expands restructuring initiative after larger-than-expected sales drop
OpenText Corp. will cut 1,200 roles as part of a restructuring initiative designed to lower its annual expenses by up to $550 million. The software maker announced the plan today in conjunction with the release of its third quarter earnings report. OpenText ended the three months ended March 31 with sales of $1.254 billion, down ...