Mike Wheatley
Latest from Mike Wheatley
Cyberhaven raises $33M to grow its data detection-based security platform
Data detection and response platform provider Cyberhaven Inc. is pushing to disrupt the world of data security after landing $33 million in an oversubscribed funding round today. The Series B round brings its total amount raised to $52 million to date. Redpoint Ventures led the round with participation from new investors Forgepoint Capital and Wing, ...
SnapLogic raises $165M to accelerate enterprise automation via data integration
Enterprise automation firm SnapLogic Inc. today revealed it has raised $165 million in a funding round led by Sixth Street Growth, taking its valuation to $1 billion. SnapLogic, which previously raised $72 million in a Series G round of funding in October 2019, said the new funds will augment that venture-backed war chest and help it ...
AWS explains last week’s cloud outage and promises to improve its status page
Amazon Web Services Inc. said this weekend that it will make changes to its cloud Service Health Dashboard in the wake of a major outage last week that took multiple connected services, including financial apps and food delivery platforms, offline for several hours. In a report on the impact of the event last Friday, Amazon ...
Chipmaker Broadcom delivers another strong quarter and its stock climbs
Computer chipmaker Broadcom Inc. made impressive gains today, its stock up more than 6% in after-hours trading following fourth-quarter financial results that beat analysts’ targets. The company followed that with an outlook for the next quarter that was higher too. Broadcom reported a net profit for the quarter of $1.98 billion, or $7.81 per share, on ...
With strong cloud revenue growth, Oracle easily beats earnings targets
Updated: Oracle Corp. shares rose more than 10% in extended trading today after the database giant beat second-quarter earnings forecasts, driven by solid growth in its infrastructure and applications cloud businesses. The company reported a profit before certain costs such as stock compensation of $1.21 per share, up 14% from a year ago, while revenue ...
UP9 buys API mock-up and testing software firm MockLab
Microservices testing firm UP9 Inc. said today it’s boosting its test automation capabilities with the acquisition of U.K.-based MockLab Ltd., creator of the open-source application programming interface mocking tool WireMock. UP9 sells tools for monitoring and testing cloud-native systems. The tools enable microservices developers to ensure their APIs perform reliably and securely and are production-ready. It ...
Infrastructure-as-code leader HashiCorp raises $1.2B in its initial public offering
Updated: Information technology automation firm HashiCorp Inc. raised $1.2 billion in its initial public offering today after selling its shares well above its targeted range. The company priced 15 million shares at $80 each, well above its initial range of $68 to $72 per share, a person familiar with the matter told Reuters. The IPO ...
Pure Storage targets top tier storage workloads with FlashArray//XL
Pure Storage Inc. is taking a crack at the top tier of the storage market with the launch of its latest FlashArray system, FlashArray//XL. Announced today, the new system is designed to run mission-critical enterprise applications such as containerized and cloud-native applications, plus massive databases. Pure Storage promised it delivers higher performance, more density and ...
UiPath tops earnings forecasts, but its stock falls anyway
Automation software provider UiPath Inc. posted financial results that beat expectations today, but the strong performance wasn’t enough to stop its stock sliding in after-hours trading. The company reported a third-quarter loss of $122.8 million, amounting to less than a penny per share. That was on revenue of $220.8 million during the period, up 50% ...
Cloud Hypervisor project now hosted by the Linux Foundation
The Cloud Hypervisor project today became the latest open-source software project to be welcomed into the arms of the Linux Foundation. A hypervisor, sometimes known as a virtual machine monitor, is software that’s used to create and run virtual machines, which use software on one physical computer to emulate the functionality of another, separate physical ...
