Mike Wheatley
Latest from Mike Wheatley
Data warehouse startup Yellowbrick Data lands $75M in Series C1 funding
Data warehouse technology player Yellowbrick Data Inc. has restocked its war chest after closing on a $75 million Series C1 round of funding today that brings its total amount raised to $248 million. The company said today’s round added three new investors, including the institutional investor Citadel Securities. The other two investors were not named, ...
Qualcomm’s stock pops as smartphone chip sales multiply
Qualcomm Inc. brushed aside fears that its business might be held back by supply chain issues, delivering strong fourth quarter results driven by a 56% year-over-year boost in smartphone chip sales. The company reported a profit before certain costs such as stock compensation today of $2.55 per share on revenue of $9.32 billion, up 43% from ...
Google debuts more cloud tools for government agencies and educators
Google Cloud has taken it upon itself to help the U.S. government disburse billions of dollars in much-needed emergency funding for rental and housing assistance that’s yet to be claimed. It’s believed there are millions of people across the U.S. who are entitled to some kind of financial support because of hardship experienced during the ...
Red Hat focuses on simplified automation and container development in RHEL 9 Beta release
Linux platform company Red Hat Inc. today announced the beta release of the next major update to its flagship Red Hat Enterprise Linux platform. RHEL 9 Beta features numerous updates aimed at making it a better platform for the most demanding hybrid multicloud deployments, with simplified automation and management capabilities and improved container development at ...
QuestDB gets $12M Series A funding amid growing interest in time-series databases
Startup QuestDB Technology Inc. is itching for a fight with more established players in the fast-growing time-series database market after closing on a new $12 million round of funding. Today’s Series A round was led by 468 Capital and saw participation from Uncorrelated Ventures, plus a veritable who’s who of open-source technology founders, such as ...
Healthcare automation startup Notable raises $100M to ease hospitals’ administrative burden
Healthcare automation firm Notable is hoping to expand after raising a hefty $100 million Series B funding round today. The round into Notable, officially named Zealth Inc., was led by ICONIQ Growth with participation from Greylock Ventures, Oak HC/ FT and F-Prime, bringing Notable’s total amount raised so far to $119.2 million. Notable provides intelligent automation ...
Freshworks’ stock falls fast in extended trading despite earnings beat
Customer service and support software firm Freshworks Inc. took a beating today, with its share price crashing after-hours despite beating analysts’ targets on earnings and revenue in its first-ever quarterly financial report. The company reported a third-quarter loss before certain costs such as stock compensation of 4 cents per share on revenue of $96.6 million, ...
Microsoft steps into the metaverse at Ignite 2021, with new tools for building digital environments
Microsoft Corp. is dedicating this year’s virtual Microsoft Ignite 2021 conference starting today to showcase how its cloud technologies are at the cutting edge of digital transformation across organizations large and small. The company is announcing more than 90 new products and services at this year’s event, focused on what it believes are four major new ...
Serverless app monitoring and debugging startup Lumigo raises $29M
Cloud-native application monitoring and debugging startup Lumigo Ltd. has raised what it says is the largest-ever investment in serverless computing: a $29 million Series A round of funding. RedLine Capital led the round with participation from Wing Venture Capital Vertex Ventures U.S. and existing investors Pitango First, Grove Ventures and Meron Capital, bringing its total ...
Arista Networks crushes earnings expectations in and its stock makes huge gains
Cloud networking company Arista Networks Inc. is in big demand and its stock is making massive gains following a blowout third-quarter earnings report today. The company reported earnings before certain costs such as stock compensation of $2.96 per share on revenue of $748.7 million, up 24% from the same period last year. That was better ...
