Mike Wheatley
Latest from Mike Wheatley
Google and Intel partner to help providers accelerate 5G network rollouts
Google LLC said today it will work with Intel Corp. to try to accelerate 5G and network transformation for cloud communications service providers. The partnership will see Google Cloud work with Intel to develop reference architectures and integrated solutions that can help CSPs to roll out their 5G and edge networks faster, the companies explained. ...
AIOps leader ScienceLogic gets $105M in late-stage funding
ScienceLogic Inc., a startup using artificial intelligence for managing information technology operations, said today it has raised $105 million in growth financing. The Series E round was led by Silver Lake Waterman, with participation from existing investors Goldman Sachs, Intel Capital and NewView Capital. It brings the company’s total funding raised to $214 million. “It’s a ...
LogicMonitor acquires Airbrake to extend app monitoring platform to developers
Observability platform provider LogicMonitor Inc. said today it’s expanding its capabilities with the acquisition of Airbrake Technologies Inc., which sells developer-focused application and performance monitoring tools. LogicMonitor sells an application and infrastructure monitoring platform that’s used by companies to keep an eye on their the health of their apps and also the infrastructure they run on. ...
Security giant Palo Alto Networks posts strong earnings results
Palo Alto Networks Inc. beat expectations by a fairly wide margin today with its second-quarter financial results, which come at a time when enterprises are stepping up their investments in cybersecurity. The company reported a profit of $1.55 per share on revenue of $1 billion, up 25% from a year ago. That was comfortably ahead of ...
Five9’s stock rises again on another strong earnings beat
Five9 Inc. posted strong financial results today with profit and revenue beating expectations, showing that its recent purple patch during the COVID-19 pandemic is no fluke. The company reported a fourth-quarter profit before certain costs such as stock compensation of 34 cents per share on revenue of $127.9 million. That was well ahead of Wall Street’s ...
Low-code software platform provider Creatio raises $68M
Low-code software platform company Creatio is hoping to grow its business after announcing a $68 million capital raise today. The round was led by the U.S. growth equity firm Volition Capital. Horizon Capital, a private equity firm, also participated in the round. Creatio said it will use its new funds to invest in research and development, ...
Linux Foundation backs 7 new open-source projects to promote racial justice
The Linux Foundation said today that it has decided to house seven new open-source software projects aimed at promoting racial justice, in a move that’s designed to encourage more developers to participate in their development. The seven open-source projects are all entrants in the 2021 Call for Code, n annual contest held by IBM Corp. ...
Arista Networks’ stock jumps in after-hours trading on strong financial results
Cloud networking company Arista Networks Inc. ticked all of the right boxes today, delivering fourth-quarter earnings that came in well ahead of Wall Street’s forecasts and posting strong guidance for the next quarter as well. The company reported a profit before certain costs such as stock compensation of $2.49 per share on revenue of $648.5 million. ...
Dropbox delivers strong earnings, topping $2B in annual recurring revenue
Cloud storage provider Dropbox Inc. topped $2 billion in annual recurring revenue for the first time as it handily beat Wall Street’s expectations with its fourth-quarter financial results today. The company reported a profit before certain costs such as stock compensation of 28 cents per share on revenue of $504.1 million, up 14% from a year ...
Google announces the first developer preview of Android 12
Google LLC’s Android team has just made the first developer preview of Android 12 available for developers to tinker with and provide feedback on its new features. The idea is to help software developers ensure their apps are compatible with the latest version of the operating system’s features, which include a raft of user experience ...