Mike Wheatley
Latest from Mike Wheatley
Kubernetes traffic replication startup Speedscale raises $9M
Kubernetes traffic replication startup Speedscale Inc. said today it’s ready for primetime after raising $9 million via its pre-seed and seed funding rounds. The funding was led by Grotech Ventures and saw participation from Sierra Ventures, Tech Square Ventures, Correlation Ventures, CreativeCo, Tom Noonan, Wally Wang and TIE Atlanta. Although relatively unheard of, Speedscale claims ...
PerfectScale launches SaaS tool for Kubernetes performance and cost optimization
PerfectScale Inc. announced the general availability of its continuous optimization platform for Kubernetes today, giving companies a new option to automate the stability of their information technology environments. The software-as-a-service platform is aimed at companies that manage distributed, large-scale Kubernetes environments, which are used to manage modern, containerized applications. As PerfectScale explains, optimizing these environments ...
SOCi raises $120M to beef up its multi-location marketing platform with AI
SOCi Inc., the creator of a marketing software platform that’s aimed at multi-location brands, said today it has closed on a bumper $120 million round of funding that it plans to invest in artificial intelligence-powered products. Today’s round was led by JMI Equity, a growth equity firm that specializes in enterprise software startups. The round ...
Domo founder Josh James returns to the company’s hot seat as its new CEO
Business intelligence software firm Domo Inc. did an about-face today, announcing that founder and former Chief Executive Josh James has returned to the hot seat, replacing outgoing CEO John Mellor. News of Domo’s executive reshuffle came as the company reported fourth-quarter financial results that beat Wall Street’s expectations. Despite that, the company’s stock fell 4% ...
Nutanix’s stock slides, despite early results beating expectations
Shares of Nutanix Inc. were trading lower late today after the company reported preliminary second-quarter financial results that topped Wall Street’s expectations. Nutanix’s stock rose as much as 6% after-hours, only to do a complete reversal to decline more than 4%. That happened after the company said its second-quarter revenue rose 18% from a year ...
Broadcom and Marvell deliver solid financial results, but doubts persist over long-term outlook
Semiconductor firm Broadcom Inc. once again beat expectations as it delivered its first-quarter financial results, and offered a forecast for the next quarter that also came in above the consensus analysts estimate, but it declined to offer long-term guidance and its stock stayed flat in after-hours trading. Still, Broadcom’s stock fared much better than that ...
HPE beats forecast with solid growth across all major business segments, buys Axis Security
Hewlett Packard Enterprise Co. posted a solid earnings beat and raised its outlook for its fiscal year today, sending its stock higher in extended trading. The company reported fiscal first-quarter net income of $501 million, up from a $304 million net loss a year ago. Earnings before certain costs such as stock compensation came to 63 ...
Dell sees strong demand for servers and storage, but soft guidance sends stock down
Shares of Dell Technologies Inc. fell slightly in extended trading after the company issued a cautious outlook for the coming quarter. That forecast followed a strong earnings beat, with the computer maker capping off its fiscal year with record-breaking revenue. Dell reported fourth-quarter net income of $606 million, up from a loss of $29 million ...
Shares of Pure Storage fall on narrow revenue miss and lower guidance
Flash storage pioneer Pure Storage Inc. missed Wall Street’s revenue target for the first time in years today and followed up with a soft forecast for the coming fiscal year. The market reacted negatively, with Pure’s stock falling more than 10% in extended trading. The company reported fourth-quarter net income of $74.5 million, up from ...
Despite solid growth, Splunk warns of tougher year ahead and its stock falls
Big-data company Splunk Inc.’s shares fell almost 3% in extended trading today after it gave a first-quarter and full-year outlook that came in far below Wall Street’s targets. The company had just delivered strong fourth-quarter results, reporting earnings before certain costs such as stock compensation of $2.04 per share on revenue of $1.25 billion, up ...
