Mike Wheatley
Latest from Mike Wheatley
Cloudera’s stock tanks on lower guidance despite strong earnings results
Big data pioneer Cloudera Inc. saw its stock lose more than 10% of its value in late trading today after offering revenue guidance for the next quarter and full year that came in far below analysts’ expectations. It followed a strong fourth-quarter performance in which the company beat Wall Street’s targets by a good margin. ...
NetApp brings data portability to Kubernetes apps with Astra
Data storage giant NetApp Inc. is delivering on its vision of Kubernetes application portability with the launch of a new service in general availability today. The company is billing NetApp Astra as a fully managed, application-aware data management service for Kubernetes-based apps. It’s aimed at helping enterprises protect, recover and move their applications deployed on ...
Data privacy startup DataGrail raises $30M in Series B funding
DataGrail Inc.’s data privacy compliance offering has gotten the attention of venture capitalists, as the company today said it has raised a new $30 million funding round. DataGrail said the Series B round was led by Felicis Ventures, with participation from Next47, the venture capital arms of software-as-a-service companies HubSpot Inc. and Okta Inc., plus ...
Aqua Security reaches ‘unicorn’ status with $135M late-stage funding round
Cloud-native security provider Aqua Security Software Ltd. has just become the latest startup to achieve “unicorn” status after landing a big funding round that takes its value north of the $1 billion mark. The company said today it has raised $135 million in a Series E round of funding, bringing its total amount raised to ...
Qualtrics delivers first quarterly results since stock market debut
Experience management software provider Qualtrics International Inc. today reported its first quarterly financial results since going public in January, beating expectations on profit and posting revenue that was in line with analysts’ forecasts. The company reported a fourth-quarter loss before certain costs such as stock compensation of 2 cents per share on revenue of $213.6 ...
MongoDB ends its fiscal year on a high, beating expectations again
MongoDB Inc. posted revenue that beat expectations as well as a smaller-than-expected loss in its fiscal fourth-quarter financial results today. The database firm also provided strong revenue guidance for the next quarter and year ahead, sending its stock a couple of percentage points higher in after-hours trading. The company reported a loss before certain costs ...
Crowd screening tech firm Evolv is going public via a SPAC merger
Crowd-safety technology provider Evolv Technologies Inc. announced Sunday that it will become the latest startup to go public via a merger with a special-purpose acquisition company rather than through an initial public offering. The company is planning to merge with the blank-check firm NewHold Investment Corp. in a deal that’s expected to close during the ...
Pittsburg is moving its IT infrastructure to Google’s cloud
The City of Pittsburgh said today that it’s planning to migrate its legacy information technology infrastructure to Google Cloud. The move is a big win for Google LLC, enabling it to highlight the strength of its public sector cloud offerings. For their part, Pittsburgh officials said that once the migration to Google is complete, they ...
Facebook’s new AI model SEER can teach itself to recognize images
Researchers at Facebook Inc. have created an artificial intelligence-based image recognition model called SEER that’s able to describe what it’s seeing without being trained first on a labeled dataset. Facebook said that SEER, which is an acronym for “Self-SupeERvised,” is a breakthrough that could lead to a “revolution” in computer vision. The SEER model, outlined ...
Telehealth startup TytoCare raises $50M in oversubscribed Series D round extension
Artificial intelligence-powered telehealth startup TytoCare Ltd. said today it has raised an extra $50 million in an extension of a Series D funding round that brings its total funding to $155 million. Insight Partners led the round, joined by new investors Tiger Global and Qumra Capital. Existing investors Qualcomm Ventures, Olive Tree Ventures and Shenzhen ...