Mike Wheatley
Latest from Mike Wheatley
MinIO raises $103M to expand its multicloud data object store
Cloud-native data storage startup MinIO Inc. is feeling flush today after closing on a $103 million round of funding that brings its valuation to $1 billion. The Series B round was led by a high-profile backer: Intel Capital. Others, including SoftBank Vision Fund 2, Dell Capital, General Catalyst and Nexus Ventures, also participated in the ...
Domino Data Lab’s newest release promises to accelerate AI model development
Machine learning operations company Domino Data Lab Inc. announced a big update to its platform today, saying the new capabilities will help to improve “model velocity” and get artificial intelligence models into production faster. Domino is the creator of a popular MLOps platform which encompasses software tools that make it easier for enterprises to deploy ...
Cloud-based sales commission software firm CaptivateIQ becomes a unicorn with $100M round
Sales commission management software provider CaptivateIQ Inc. is getting a $100 million cash injection to pursue its mission of helping businesses leverage the power of sales team incentives. Today’s Series C round was led by Iconiq Growth and existing investors Sequoia and Accel, with Sapphire Ventures also participating as a new investor, bringing CaptivateIQ’s total ...
Slim.AI lands $31M funding round to automate security best practices in container app development
Container startup Slim.AI Inc. has raised $31 million in a new round of funding as it embarks on a quest to help developers secure their cloud-native applications. Today’s Series A round was co-led by Insight Partners and StepStone Group, along with participation from Knollwood. Slim.AI has built a platform atop the open-source DockerSlim project that ...
PQShield raises $20 million to protect the world from quantum computer-based hacking
Cryptography startup PQShield Ltd. has raised $20 million in a new funding round today that it says will be used to finance its work on developing security software that can protect against quantum computer-powered hacking attempts. New investor Addition led the Series A round with participation from existing investors Oxford Science Enterprises and Crane. The ...
InstaDeep, creator of AI-powered decision-making systems, raises $100M
InstaDeep Ltd., a Tunisian artificial intelligence startup that’s making advanced decision-making systems to solve real-world problems, said today it has closed on a $100 million funding round. The Series B round was led by Alpha Intelligence Capital and CDIB, and saw a host of other investors participate, including BioNTech, Chimera Abu Dhabi, Deutsche Bahn’s DB ...
F5 Networks’ stock plunges as it warns of supply chain constraints through 2022
Network traffic management and security firm F5 Networks Inc. delivered strong fiscal first-quarter results today, but its stock fell sharply on a warning about supply chain constraints throughout the rest of the year. F5 posted net income of $179 million, or $2.89 per share, on revenue of $687 million, up 10% from the same period a ...
Microsoft delivers $51.7B in quarterly revenue as cloud, gaming, PC sales all grow
Microsoft Corp.’s stock recovered from an early slide and rose almost 3% after-hours following a fiscal second-quarter report that saw the company beat expectations on earnings and revenue. The company reported net income for the quarter of $18.8 billion, up 21% from a year ago, coming to $2.48 a share. Total revenue rose 20%, to ...
Blameless streamlines communications for site reliability engineers
Site reliability engineering platform provider Blameless Inc. wants to help companies boost incident response times with CommsFlow, a new tool announced today that helps streamline communications between engineers and other stakeholders when applications and services go offline. Blameless sells tools for software engineers to respond to incidents with applications, such as when they unexpectedly go ...
Startup Verusen raises $25M to bring AI-powered smarts to supply chain management
Artificial intelligence-powered supply chain management software firm Verusen said today it has closed on a $25 million round of funding as it looks to capture a growing opportunity in the “direct materials” market. Today’s Series B round for Verusen, formally known as Autit Inc., was led by Scale Venture Partners with participation from a host of ...