Mike Wheatley
Latest from Mike Wheatley
Yugabyte simplifies SQL database migration with YugabyteDB Voyager
Yugabyte Inc. said today that its unified database migration service YugabyteDB Voyager is now generally available, giving enterprises a simplified way to migrate workloads to its open-source distributed YugabyteDB platform. With the new offering, Yugabyte says, companies now have the option to leave behind the limitations of legacy and single-cloud databases and move to its ...
Data center-as-a-service startup ECL exits stealth with $7M in seed funding
Edge Cloud Link Inc., a sustainable, off-grid data center-as-a-service startup, exited stealth mode today armed with $7 million in seed funding to deliver on the idea of 3D-printed data centers that use hydrogen as their primary power source. Today’s round was led by Molex Ventures and saw participation from Hyperwise Ventures, and the funds will ...
CYGNVS raises $55M to help enterprises respond to cyberattacks
Cybersecurity crisis response startup CYGNVS Inc. is exiting stealth mode today with $55 million in early-stage funding and a mission to empower companies to stay connected, in control and compliant as they face down cyberattacks on their information technology infrastructure. Today’s Series A round was led by Andreessen Horowitz, with the participation of Stone Point ...
Pasqal, a startup building neutral atom-based quantum computers, closes on €100 million funding round
The French quantum computing startup Pasqal SE said today it has closed on a €100 million (around $108 million) round of funding led by Singapore-based investor Temasek. Other new investors such as the European Innovation Council Fund, Wa’ed Ventures and Bpifrance also participated in the Series B round, as did Pasqal’s existing backers Quantonation, the ...
Sumo Logic’s stock soars as private equity firms target it for acquisition
The publicly traded, cloud-based application monitoring software provider Sumo Logic Inc. has emerged as a potential acquisition target, attracting the interest of private equity firms Thoma Bravo, Vista Equity Partners and Francisco Partners, according to a report by The Information today. The Information cites a person familiar with the matter as saying that all three ...
KoreAI updates make it easier to build low-code chatbots with ChatGPT’s large language model
Kore.AI Inc., a provider of low-code artificial intelligence chatbot development tools, today announced a key upgrade to its platform. The new capabilities in its Experience Optimization Platform V10.0 will enable companies to leverage the kinds of large language models that power Open AI LLC’s ChatGPT, drastically simplifying the process of designing, training and managing virtual ...
Quantum computing infrastructure startup Welinq raises €5M pre-seed funding
Welinq SAS, a French startup that’s building quantum interconnects based on neutral atom technology, said today it has raised €5 million ($5.4 million) in a pre-seed round of funding. The round was led by Quantonation, the first venture capital fund that’s dedicated to quantum technology startups, and saw participation from Runa Capital, the Paris Region, ...
Activist investor Elliott Management buys multibillion-dollar stake in Salesforce
Elliott Management Corp., the activist investor firm, has reportedly made a multibillion-dollar investment in Salesforce Inc. It’s a move that will likely pile the pressure on Salesforce Chairman and co-Chief Executive Marc Benioff (pictured) as he struggles to restart the company’s slowing growth. The news was first reported today by the Wall Street Journal, which ...
Snowflake announces deal to buy SnowConvert, a database migration tool, from Mobilize Net
The cloud data warehouse giant Snowflake Inc. said today it has agreed a deal with Gap Mobilize Corp., which does business as Mobilize Net, to acquire its database migration tool SnowConvert. Although there are a number of third-party data duplication tools around that can be used to aid migrations to Snowflake, few pay much attention ...
Intel insists it will go ahead with construction of new German chip fab
Intel Corp. insists it remains committed to the construction of a new multibillion-dollar semiconductor manufacturing plant in Germany, just weeks after announcing the project was on pause. Intel Chief Global Operations Officer Keyvan Esfarjani told Reuters today that Intel still intends to build the proposed $21 billion chip fab, and that the company is currently negotiating ...