Mike Wheatley
Latest from Mike Wheatley
StormForge automates cost optimization for Kubernetes apps
Kubernetes resource management software firm StormForge added a new feature to its platform today called StormForge Optimize Live, allowing it to automatically and intelligently improve the efficiency of application’s production environments. StormForge, officially known as Gramlabs Inc., sells a cloud-based performance testing platform that companies use to quickly create load tests and scale from tens ...
NRoad launches Convus AI to help financial services firms squeeze insights from unstructured data
Artificial intelligence startup nRoad Inc. today announced the launch of its Convus platform, which is focused on helping financial services firms obtain insights from unstructured data. The company has declared it’s waging “war on documents,” with the aim of helping organizations overcome the difficulty of extracting insights from unstructured data, which includes everything from text-based ...
Zoom makes its Cloud Contact Center platform generally available
The iconic video call software provider Zoom Video Communications Inc. has made good on its promise to enter the cloud contact center market with the launch of Zoom Contact Center today. Generally available now, Zoom Contact Center combines unified communications and contact center services with the unique usability of Zoom’s platform to support use cases such ...
Dell announces updated PowerVault ME5 storage arrays for smaller businesses
Dell Technologies Inc. today announced an update to its lineup of PowerVault entry-level storage arrays. The new PowerVault ME5 systems are optimized for storage area networks and direct-attached storage and designed to address the needs of small and medium-sized businesses that are struggling to keep pace with data growth or want to support newer, higher-value ...
SambaNova Systems unveils deep learning platform purpose-built for financial services firms
The heavily funded and previously somewhat secretive artificial intelligence startup SambaNova Systems Inc. announced today what it says is the first AI platform that’s purpose-built for the financial services industry. The SambaNova GPT Banking service is designed to enable banks to jump start their AI capabilities in as little as a few days or weeks ...
Despite earnings and revenue beat, Rackspace’s stock sinks on weak outlook
Cloud computing services firm Rackspace Technology Inc. took a beating in extended trading today, its stock down more than 15% on weaker-than-expected guidance for the coming quarter and full year. That followed solid fourth-quarter financial results that beat expectations on earnings and revenue. Rackspace reported a profit before certain costs such as stock compensation of 25 ...
RingCentral closes on strong year with fourth-quarter earnings beat
Cloud communications pioneer RingCentral Inc. closed its fiscal 2021 year with a flourish, posting strong fourth-quarter results that beat expectations on earnings and issuing a fairly bullish outlook for the quarter and year ahead. The company announced a net loss of $118.3 million, with earnings before certain costs such as stock compensation coming to 39 ...
Business automation software firm Appian delivers strong earnings beat, sending stock up
Business process automation firm Appian Corp. made strong gains today, its stock rising more than 12% in after-hours trading following a solid earnings and revenue beat. The company reported a fourth-quarter net loss of $25.8 million, compared with a net loss of $9.6 million a year ago. The company’s loss before certain costs such as ...
Dropbox delivers strong earnings and first full year of profitability
Cloud file storage pioneer Dropbox Inc. today posted fourth-quarter financial results that topped Wall Street’s expectations, but it wasn’t enough to prevent its stock from falling slightly in extended trading. The company reported net income for the quarter of $124.6 million, a big improvement from the $345.8 million loss it posted in the same period ...
Post-subscription SaaS billing startup Subskribe launches with $18.4M in funding
Software-as-a-service billing startup Subskribe exited stealth mode today, armed with $18.4 million through its initial seed and Series A funding rounds and what it says is the world’s first adaptive quoting and billing platform for modern SaaS companies. The Series A round was led by 8VC, while Slow Ventures led the seed round. Senior executives ...