Mike Wheatley
Latest from Mike Wheatley
Shares of the network traffic management and application security firm F5 Inc. fell in extended trading today after the company delivered mixed first-quarter financial results, beating expectations on earnings but falling short on revenue. The company’s net profit for the quarter fell …
Yugabyte simplifies SQL database migration with YugabyteDB Voyager
Yugabyte Inc. said today that its unified database migration service YugabyteDB Voyager is now generally available, giving enterprises a simplified way to migrate workloads to its open-source distributed YugabyteDB platform. With the new offering, Yugabyte says, companies now have the option to …
Data center-as-a-service startup ECL exits stealth with $7M in seed funding
Edge Cloud Link Inc., a sustainable, off-grid data center-as-a-service startup, exited stealth mode today armed with $7 million in seed funding to deliver on the idea of 3D-printed data centers that use hydrogen as their primary power source. Today’s round was led …
CYGNVS raises $55M to help enterprises respond to cyberattacks
Cybersecurity crisis response startup CYGNVS Inc. is exiting stealth mode today with $55 million in early-stage funding and a mission to empower companies to stay connected, in control and compliant as they face down cyberattacks on their information technology infrastructure. Today’s Series …
Pasqal, a startup building neutral atom-based quantum computers, closes on €100 million funding round
The French quantum computing startup Pasqal SE said today it has closed on a €100 million (around $108 million) round of funding led by Singapore-based investor Temasek. Other new investors such as the European Innovation Council Fund, Wa’ed Ventures and Bpifrance also …
Sumo Logic’s stock soars as private equity firms target it for acquisition
The publicly traded, cloud-based application monitoring software provider Sumo Logic Inc. has emerged as a potential acquisition target, attracting the interest of private equity firms Thoma Bravo, Vista Equity Partners and Francisco Partners, according to a report by The Information today. The …
KoreAI updates make it easier to build low-code chatbots with ChatGPT’s large language model
Kore.AI Inc., a provider of low-code artificial intelligence chatbot development tools, today announced a key upgrade to its platform. The new capabilities in its Experience Optimization Platform V10.0 will enable companies to leverage the kinds of large language models that power Open …
Quantum computing infrastructure startup Welinq raises €5M pre-seed funding
Welinq SAS, a French startup that’s building quantum interconnects based on neutral atom technology, said today it has raised €5 million ($5.4 million) in a pre-seed round of funding. The round was led by Quantonation, the first venture capital fund that’s dedicated …
Activist investor Elliott Management buys multibillion-dollar stake in Salesforce
Elliott Management Corp., the activist investor firm, has reportedly made a multibillion-dollar investment in Salesforce Inc. It’s a move that will likely pile the pressure on Salesforce Chairman and co-Chief Executive Marc Benioff (pictured) as he struggles to restart the company’s slowing …
Snowflake announces deal to buy SnowConvert, a database migration tool, from Mobilize Net
The cloud data warehouse giant Snowflake Inc. said today it has agreed a deal with Gap Mobilize Corp., which does business as Mobilize Net, to acquire its database migration tool SnowConvert. Although there are a number of third-party data duplication tools around …