Mike Wheatley
Latest from Mike Wheatley
Clockwork raises $21M and says it’s time to solve network latency issues
Clockwork Systems Inc., the creator of technology that makes it possible to optimize the performance of time-sensitive applications, is hoping to make a big splash following the launch of its first product today. The launch came as the company announced it had received $21 million in a Series A funding round led by the venture ...
Report: Google acquires MicroLED startup Raxium to aid AR headset ambitions
Google LLC has big ambitions in the augmented reality business, if reports that it has just paid $1 billion to acquire a startup called Raxium are to be believed. The Information, which broke the story, said Google’s acquisition of Raxium is a sign that it’s seriously focused on building the components required to make AR ...
PagerDuty posts strong earnings, revenue and guidance and its stock surges
Observability company PagerDuty Inc. did everything right today, reporting fourth-quarter earnings and revenue that topped expectations plus a strong outlook for the next three months, sending its stock higher in after-hours trading. PagerDuty’s stock had already gained more than 8% in the regular trading session, before gaining more than 14% after the report. The company ...
Arm rival SiFive raises $175M to accelerate development of its alternative RISC-V chip architecture
SiFive Inc., a computer chip startup that’s developing processor technology based on the open-source RISC-V instruction set architecture, said today it has raised a hefty $175 million in a late-stage round of funding. The Series F round brings its value to more than $2.5 billion. It was led by Coatue Management, with participation from Ibex Investors ...
Taplytics debuts DevCycle, a feature flagging platform for DevOps teams
A/B testing platform startup Taplytics Inc. said today it has landed $5 million in funding to scale up its new DevCycle product, which it says is the the DevOps industry’s first feature management suite for product engineering teams. Taplytics believes its new feature management platform will a critical element of DevOps, where software development teams ...
Accenture identifies four trends shaping the ‘metaverse continuum’ and the future of work, play and learning
Accenture Plc today highlighted four emerging trends that it believes will come together to shape the “Metaverse Continuum,” which it defines as a “spectrum of digitally enhanced worlds, realities and business models” that are poised to revolutionize life and enterprise in the next decade. Accenture says the metaverse is an evolving and expanding continuum that ...
Adobe announces creative AR/VR tools for building the metaverse
Creative software designer Adobe Inc. said today it wants to provide the tools creators need to build new and immersive 3D worlds in the metaverse. The company believes the metaverse is a space that will increasingly blur the distinction between digital and physical worlds, and it wants designers to use its tools to build it. ...
Run:ai raises $75M to grow its AI workload virtualization platform
Run:ai Labs Ltd., a startup that’s built a unique virtualization infrastructure to speed up artificial intelligence model training, said today it has raised $75 million in a new round of funding after growing its annual recurring revenue almost 10 times in the last year. Tiger Global Management and Insight Partners led today’s Series C round, ...
MongoDB doubles down on AWS partnership to boost cloud database adoption
Database pioneer MongoDB Inc. announced today it’s expanding its multiyear alliance with Amazon Web Services Inc. for another six years. The partnership seeks to advance adoption of its cloud database MongoDB Atlas through developer enablement and training, an increased focus on free trials and integrated go-to-market activities. MongoDB, which is led by its Chief Executive ...
GitLab’s stock makes gains after posting solid earnings results
DevOps darling GitLab Inc. delivered fiscal fourth-quarter financial results and guidance that came in above expectations today, sending its stock higher in extended trading. The company reported a net loss of $23.2 million for the quarter, just under the $24 million loss it posted a year ago. Its loss before certain costs such as stock ...
