Mike Wheatley
Latest from Mike Wheatley
Google Cloud announces startup program with one year’s free access to its cloud
Google Cloud is expanding its support to interesting tech-based startups looking to solve some of the world’s most difficult challenges, with the goal of helping them get off the ground, grow and ultimately scale their businesses. Ryan Kiskis, director of the Startup Ecosystem at Google Cloud, explained in a blog post that the new Google ...
ServiceNow beats earnings expectations on 30% revenue growth
ServiceNow Inc. beat expectations on earnings and revenue today as it closed on a significant number of large transactions, sending its stock soaring almost 10% in extended trading. ServiceNow reported a profit before certain costs such as stock compensation of $1.49 per share on revenue of $1.629 billion in the quarter, up 30% from a ...
Qualtrics makes strong gains in extended trading on solid revenue beat
Experience management company Qualtrics International Inc. reported its fourth-quarter financial results today, beating expectations on revenue but falling short on profit. However, its stock rose almost 14% in late trading following a strong forecast for the current quarter. The company posted a net loss of $306.1 million for the quarter, resulting in a seven-cent-per-share loss. ...
Intel’s earnings results beat estimates as data center chip sales grow 20%
Computer chip giant Intel Corp. reported strong fourth-quarter results this afternoon as its revenue came in a full $1.2 billion above guidance and profit topped forecasts as well. Even so, the company’s stock fell around 3% in after-hours trading. Intel reported net income of $4.6 billion on earnings of $1.09 per share, down 21% from ...
Cloud data warehouse startup Firebolt hits unicorn status with $100M Series C round
Cloud data warehouse startup Firebolt Analytics Inc. hit unicorn status with a $1.4 billion valuation today after closing on a $100 million round of funding. The Series C round, which brings Firebolt’s total amount raised to $269 million, comes just 15 months after the company exited stealth mode. Alkeon Capital led today’s raise, together with participation ...
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 ...