Mike Wheatley
Latest from Mike Wheatley
DevOps platform provider JFrog Ltd. reported strong revenue growth today as it beat Wall Street’s targets on earnings, but it failed to grow fast enough to satisfy shareholders and its stock fell after-hours. The company reported a fourth-quarter net loss of $23.2 …
Aiven launches managed version of Apache Flink for real-time data stream processing
Aiven Ltd., a startup that’s focused on delivering cloud-hosted and managed versions of the most popular open-source software platforms, has announced the general availability of its latest offering, Aiven for Apache Flink. With the new offering, businesses can now access a fully …
Time series database startup InfluxData closes $81M in late-stage funding
Time series database startup InfluxData Inc. said today it has secured $81 million in funding. The money comes from a $51 million Series E funding round led by new investors Princeville Capital and Citi Ventures, with participation from existing backers Battery Ventures, …
Fivetran debuts Lite connectors to ease SaaS app data integration
Big data integration firm Fivetran Inc. today promised it will be able to help its customers connect many more information sources to their data warehouses. It’s doing so with the launch of a new offering known as “Lite connectors,” which are being …
Freshworks delivers another solid earnings and revenue beat
Freshworks Inc. beat expectations on earnings and revenue for its fourth quarter, but its stock barely moved as it offered guidance that fell just shy of Wall Street’s forecasts. The company reported a net loss of $60.6 million, with earnings before certain …
Strong earnings beat and bullish guidance sends New Relic’s stock higher
Shares of the observability company New Relic Inc. soared in extended trading today after it posted strong third-quarter financial results that easily beat expectations and followed with a bullish forecast for the three months ahead. The company reported a net loss for …
AI chip startup Cerebras Systems announces pioneering simulation of computational fluid dynamics
High-performance artificial intelligence computing startup Cerebras Systems Inc. announced a key milestone today, saying it has carried out the first-ever simulation of a high-resolution convection workload at near real-time rates. The simulation was performed using the WSE Field-equation application programming interface, or …
Oracle and Microsoft to spend billions to expand cloud footprint in Saudi Arabia
Oracle Corp. today revealed it’s planning to invest $1.5 billion in Saudi Arabia over the next few years as it strives to build out its cloud data center infrastructure in the country, including a third public cloud region in Riyadh, the capital. Meanwhile, …
Cohere, a generative AI startup that rivals ChatGPT, in talks over large funding round
Startup Cohere Inc. has become the latest name in the red-hot area of artificial intelligence to attract the attention of investors. It’s reportedly holding talks with potential backers about a funding round that could see it raise hundreds of millions of dollars …
Onehouse raises $25M as it targets data interoperability with new Onetable offering
Managed data lakehouse company Onehouse said today it’s adding a new feature to its platform called Onetable that advances its vision of easier, cheaper and faster data lakes. The news came as it announced that it had raised $25 million in a …