Mike Wheatley
Latest from Mike Wheatley
Teleport raises $110M to simplify infrastructure access with identity for every user, app and device
Cloud infrastructure access management startup Teleport said today it has become Silicon Valley’s latest unicorn after closing on a $110 million round of funding that brings its total amount raised to $169 million and its valuation to north of $1.1 billion. Today’s Series C round was led by Bessemer Venture Partners and saw participation from ...
NXP Semiconductors beats expectations as chip demand continues to outstrip supply
Netherlands-based chipmaker NXP Semiconductors NV today reported earnings and revenue that came in ahead of expectations, sending its stock slightly higher in after-hours trading. The company reported net income of $657 million for the quarter, with earnings before certain costs such as stock compensation coming to $3.45 per share. That was better than expected, since ...
Arista Networks’ stock climbs on earnings and revenue beat
Arista Networks Inc. delivered above expectations as it reported fiscal first-quarter earnings today that topped analysts’ estimates despite ongoing supply chain constraints. The company also offered strong guidance, sending its stock higher in extended trading. Arista reported first-quarter earnings before certain costs such as stock compensation of 84 cents per share on revenue of $877 ...
Dell partners with Snowflake to ease access to on-premises data
Dell Technologies Inc. said today it’s working with Snowflake Inc. on a new initiative to connect data from its on-premises storage portfolio with the Snowflake Data Cloud. Snowflake Data Cloud is a cloud-native platform that’s designed to eliminate the need for separate data warehouses and data lakes and to share data across entire organizations securely. ...
Dell announces expanded cyber recovery offerings for on-premises and cloud data
Dell Technologies Inc. said today it’s expanding its cybersecurity recovery options for companies across public clouds and their own data centers with a trio of new offerings that together will provide more control over how data is stored, controlled and protected. The new offerings, introduced at Dell Technologies World running this week in Las Vegas, ...
LinearB lands $50M to boost software developer efficiency through metrics and automation
Software developer intelligence platform LinearB Inc. said today it has closed on a new $50 million round of funding that brings its total amount raised to date to $71 million. The Series B round was led by Tribe Capital, which was joined by new investor Salesforce Ventures as well as existing backers Battery Ventures and ...
Western Digital’s stock makes gains on strong earnings and guidance
Data storage giant Western Digital Corp. reported strong third-quarter results today with earnings and revenue that topped expectations and strong guidance for the last quarter of its fiscal year. The company’s stock edged upward by about 1% after-hours, adding to a much stronger gain of 5% during the regular trading session. The company reported net income ...
Apple warns of possible $8 billion hit from supply constraints and its stock falls
Apple Inc. delivered strong financial results today that bucked investors’ concerns over a deteriorating macroeconomic environment that might hurt demand for high-end smartphones and other devices. Even so, the iPhone maker’s stock fell slightly in extended trading after a warning that it still faces multiple challenges. They include ongoing supply constraints related to COVID-19 that ...
Intel beats expectations but lower outlook sends its stock down 4% in late trading
Shares of the chipmaker Intel Corp. fell more than 4% in after-hours trading today after the company offered lower-than-expected guidance for its fiscal second quarter. The company reported first-quarter net income of $8.1 billion, with earnings before certain costs such as stock compensation coming to 87 cents per share. Revenue for the period came to ...
Deepset, creator of the open-source NLP framework Haystack, raises $14M
German artificial intelligence startup deepset GmbH stepped into the limelight today, closing on a $14 million early-stage round of funding led by GV and announcing the beta launch of deepset Cloud, an enterprise software-as-a-service platform for building “language aware” software. Today’s Series A round saw the participation of investors including Harpoon Ventures, System.One, Lunar Ventures ...
