Mike Wheatley
Latest from Mike Wheatley
Wrk Technologies raises $43M as it bids to simplify business process automation
Automation software provider Wrk Technologies Inc. said today it has raised $43 million in cumulative seed, Series A and debt financing. The most recent Series A round of funding was led by White Star Capital and Omers Ventures, while the previous seed round was led by Real Ventures and Desjardins Capital, with participation from angel ...
Smart freight transport startup Loadsmart raises $200M in late-stage funding
On-demand freight marketplace Loadsmart Inc. said today it has raised $200 million in a late-stage round of funding led by SoftBank Group Corp.’s Latin America Fund. The rail transportation company CSX Corp., asset manager Janus Henderson Group and existing investor BlackRock also participated in the Series D round, which takes Loadsmart’s valuation to $1.3 billion. ...
AMD’s stock jumps 10% on another blowout quarter and bullish forecast
Advanced Micro Devices Inc. blew past analysts’ estimates for earnings and revenue today thanks to strong sales in both of its main business segments. The strong quarterly results were followed by a bullish forecast for the next three-month period and full year, sending AMD’s stock up more than 10% in extended trading. AMD reported operating ...
Next-gen market research platform GWI raises $180M in new funding
Audience insights firm GWI said today it has closed on a bumper $180 million Series B funding round led by Permira’s growth fund, bringing its valuation to $850 million. GWI, incorporated as Trendstream Ltd., claims to be challenging the status quo in the area of market research with its enterprise-friendly data platform that provides quick ...
Startup Pixm raises $4.3M seed funding round for its computer vision-based anti-phishing software
Anti-phishing attack startup Pixm Software Inc. said today it has closed on a $4.3 million round of seed funding to help it bring its browser-based cybersecurity software to the enterprise market. Today’s round was led by Gula Tech Adventures, with participation from FirstIn, AIM13-Crumpton Ventures Partnership, Chaac Ventures and Precursor Ventures. Pixm has created an ...
NXP beats revenue forecasts as demand for chips continues to outstrip supply
Dutch chipmaker NXP Semiconductors N.V. reported fourth-quarter revenue that beat expectations today, but its profit came in lower than expected, sending its stock down less than a percentage point in extended trading. The company reported net income of $1.06 billion for the quarter, or $2.24 per share. Revenue for the period rose 21%, to $3.04 billion. Wall ...
Citrix to become private company again in $16.5B sale, combine with Tibco
Updated: Citrix Systems Inc. is on the verge of becoming a private company again following sustained pressure from the activist investor Elliott Management Corp. After a Sunday report in the Wall Street Journal today said Elliott’s private equity firm Evergreen Coast Capital and Vista Equity Partners are close to agreeing a $13 billion deal to ...
Juniper Networks beats sales forecasts on better demand
Computer networking infrastructure firm Juniper Networks Inc. beat expectations with its fourth-quarter results today, sending its stock higher in after-hours trading. The company reported a profit before certain costs such as stock compensation of 56 cents per share, well up from a year ago when it delivered a profit of a penny per share. Juniper’s ...
Rapid subscription revenue growth helps Atlassian deliver another strong quarter
Collaboration and application software firm Atlassian Corp. Plc. delivered solid fiscal second-quarter results today, beating expectations on revenue, adding more than 10,000 new customers and growing its subscription revenue. The company followed up with strong guidance for the next three-month period, sending its stock almost 10% higher in late trading. Atlassian reported a net loss ...
Apple’s stock rises on record quarterly revenue and improving supply chain situation
Apple Inc. delivered impressive first-quarter results today, beating estimates in every product category except for iPads. The company also revealed its supply chain situation is improving, causing its stock to gain almost 5% in extended trading. The iPhone maker reported net income of $34.63 billion for the quarter, with earnings before certain costs such as ...