Maria Deutscher
Latest from Maria Deutscher
Mirantis open-sources k0rdent Kubernetes management platform
Mirantis Inc. today introduced k0rdent, an open-source platform designed to help enterprises manage their Kubernetes clusters. The company has released the tool’s code on GitHub. Google LLC created Kubernetes to ease the task of managing containerized applications. The platform automatically recovers from infrastructure outages, distributed workloads across servers and performs related tasks. But managing Kubernetes ...
Code security startup Semgrep reels in $100M from investors
Startup Semgrep Inc. has raised $100 million in funding to grow the adoption of its code security platform, which helps developers find vulnerabilities in their software. Menlo Ventures led the Series D investment. Semgrep detailed in its announcement of the raise today that Felicis Ventures, Harpoon Ventures, Lightspeed Venture Partners, Redpoint Ventures and Sequoia Capital ...
Uber shares drop 8% on mixed fourth-quarter results
Shares of Uber Technologies Inc. dropped 8% in trading today after the company reported better-than-anticipated revenue for the fourth quarter but missed earnings expectations. Uber’s adjusted EBITDA, or earnings before interest, taxes, depreciation and amortization, grew 44% year-over-year to $1.84 billion. That sum was in line with analyst expectations. In contrast, Uber’s adjusted earnings per ...
Atombeam raises $20M for its codeword-based data transmission technology
Atombeam Inc., a startup developing a more efficient way of transmitting data, today announced that it has raised $20 million in funding. The investment was structured as a so-called Reg A+ round. This is a type of funding round in which capital is provided by members of the public rather than institutional investors. Atombeam says ...
PayPal shares drop 13% despite better-than-expected earnings
PayPal Holdings Inc. today posted better-than-expected fourth-quarter earnings, but reported payment volume growth that fell short of expectations, and its shares dropped 13% on the results. PayPal operates one of the world’s most popular online payment platforms. It’s also active in several adjacent segments of the financial technology market. The company offers the mobile payment app Venmo ...
Salesforce reportedly letting go 1,000+ workers in new round of layoffs
Salesforce Inc. is launching a workforce reduction initiative that will affect more than 1,000 employees, Bloomberg reported today. It’s unclear which business units are set to see cuts. A source told Bloomberg that Salesforce will enable affected employees to apply for other positions internally. The company’s last major round of layoffs took pace last January, ...
Dynatrace debuts new AI, security features for its observability platform
Dynatrace Inc. is rolling out new features that will make it easier for enterprises to troubleshoot their software and fix cybersecurity issues. The company debuted the enhancements today at its annual Perform product event in Las Vegas. The additions are rolling out to Dynatrace’s namesake observability platform, which helps enterprises detect performance issues, outages and ...
Productivity startup Tana launches with $25M in funding
Productivity software maker Tana Labs Inc. launched today with $25 million in initial funding. The company, which maintains offices in Palo Alto, California, and Norway, raised the capital over two rounds. The most recent investment was a $14 million Series A deal that reportedly valued Tana at $100 million. The company earlier raised $11 million ...
Employee cybersecurity startup Riot nabs $30M in funding
Riot Security Inc., a startup that helps enterprises improve the cybersecurity posture of their employees, has raised $30 million in funding to support its growth efforts. The Paris-based company said in its announcement of the deal today that Left Lane Capital was the lead investor. Returning backers Y Combinator, Base10 and FundersClub chipped in as ...
Microsoft forms Advanced Planning Unit to support its AI efforts
Microsoft Corp. is forming a new business unit to study the impact of artificial intelligence and create product development recommendations. Mustafa Suleyman, chief executive of the company’s Microsoft AI group, announced the new team today in a series of posts on X. It will be known as the Advanced Planning Unit, or APU for short. ...