Mike Wheatley
Latest from Mike Wheatley
Adobe smashes earnings targets with double-digit cloud growth
Adobe Inc. ended its first quarter in a strong way, posting record sales, easily beating market expectations on earnings and revenue and raising its targets for the full year. The design software company today reported a profit before certain costs such as stock compensation of $3.14 per share on revenue of $3.91 billion, up 26% ...
ServiceNow buys Intellibot to bring robotic process automation into its toolbox
ServiceNow Inc. is getting into the robotic process automation game. The cloud automation company announced today it will buy the Indian RPA startup Intellibot for an undisclosed price. It said the deal should close by the end of the second quarter. ServiceNow, led by its Chief Executive Bill McDermott (pictured), announced the acquisition at a time ...
Haystack debuts a modern intranet platform for remote workers
Self-styled communications and information hub provider Haystack Inc. is exiting stealth mode today with a modern intranet platform that it says can help enterprises to provide better security for their remote workforces. Haystack said it’s launching its “employee experience platform” after raising $8.2 million from investors that include Coatue Management, Greycroft, BoxGroup and Day One ...
Quantum Brilliance unveils diamond-based quantum accelerator that can run at room temperature
A new quantum computing startup called Quantum Brilliance emerged from stealth mode today with what may prove to be a rather brilliant innovation: the world’s first quantum accelerator that can run at room temperature. The company has created a diamond-based quantum accelerator that it says does not have to be held in a near absolute ...
Managed open-source software startup Aiven raises $100M in Series C funding
Aiven Ltd., a company that provides fully managed services for open-source technologies on the most popular public cloud platforms, announced a $100 million funding round today that brings its total amount raised to $150 million. Atomico led the Series C round together with participation from Salesforce Ventures and World Innovation Lab, plus existing investors Earlybird ...
Identity verification provider Jumio gets $150M in private equity funding
Digital identity management and verification startup Jumio Corp. said today it has secured financing for its next stage of growth, a $150 million investment from private equity firm Great Hill Partners. Jumio said it’s the single largest funding round to date in the digital identity space. The company said it highlights the growing importance businesses ...
With new SDK, Zoom aims to get more developers to embed video into their apps
Zoom Video Communications Inc. on Monday made a number of announcements focused on software developers that should help to expand its video calling software ecosystem into more apps. The updates include an easier way for developers to access its software development kit to embed Zoom’s video services inside their applications. The new Buy Now option ...
Open-source robotic process automation firm Camunda raises €82M in new round
Open-source automation software company Camunda Services GmbH said today it has raised €82 million (about $100 million) in a new round of funding. Private equity firm Insight Partners led the Series B round, with participation from existing investors Highland Europe. Camunda is an emerging player in the red-hot robotic process automation market that involves using software robots ...
Box tightens its integration with Microsoft 365 and Microsoft Teams
Cloud storage provider Box Inc. is stepping up its integrations with Microsoft 365 and Microsoft Teams as it bids to make it easier for users of those platforms to access and collaborate on content. For example, today’s integrations enable Box notifications to appear directly within Microsoft Teams, so users can see any important updates to ...
VMware buys cloud-native observability platform startup Mesh7
Data center software giant VMware Inc. is beefing up its cloud-native security offerings with the acquisition of a startup called Mesh7 Inc. for an undisclosed price. Today’s deal reflects the growing importance enterprises are placing on securing their cloud-native applications and the microservices that are used to build them. Mesh7 is a cloud-native application security ...