Mike Wheatley
Latest from Mike Wheatley
Rapid7 wraps up fiscal 2021 with earnings and revenue beat
Cybersecurity and compliance technology provider Rapid7 Inc. ended its fiscal 2021 year on a high after posting fourth-quarter results today that beat expectations. The company reported a loss before certain costs such as stock compensation of $8.9 million, or 16 cents per share, on revenue of $151.6 million. That was up 34% from the same ...
Twilio’s stock makes strong gains following fourth-quarter revenue beat
Application infrastructure firm Twilio Inc. beat expectations on revenue as it delivered its fourth-quarter financial results today and followed with a strong outlook for the next three months, sending its stock sky-high in extended trading. The company reported a loss before certain costs such as stock compensation of $27.2 million, or 20 cents per share, ...
Vast Data partners with Commvault to deliver high-performance data backup and restore
Storage firm Vast Data Inc. said today it’s partnering with the data protection and management provider Commvault Systems Inc. on a modern, integrated backup service for organizations worried about looming cybersecurity threats, disasters or rogue employees. The new service combines Vast Data’s all-flash Universal Storage platform with Commvault’s Complete Data Protection offering to create rapid ...
Data protection outfit Clumio reveals strong growth on AWS Cloud
Data protection startup Clumio Inc. revealed some impressive numbers today that show how it has grown its user base since switching to focus primarily on protecting Amazon Web Services Inc.’s customers. The company revealed its AWS customer base has grown by more than 400%, while its cloud-based annual recurring revenue jumped by 450% in the ...
Dynatrace brings observability to multicloud serverless architectures
Application performance management company Dynatrace Inc. said today it’s extending its observability and advanced AIOps capabilities to all major serverless computing platforms. Serverless computing is a cloud computing model where infrastructure providers such as Amazon Web Services Inc. and Microsoft Corp. will manage computer servers on behalf of their customers. The advantage of this is ...
New Relic’s stock tumbles on earnings miss and lower guidance
Observability company New Relic Inc. took a beating in the extended trading session today after a third-quarter financial report that beat expectations on revenue but missed on earnings. The company followed up with light guidance and its stock price tumbled, losing more than 23% of its value in after-hours trading. New Relic reported a net ...
GlobalFoundries hits the ground running, beating forecasts in first earnings since IPO
Contract chip manufacturer GlobalFoundries Inc. posted strong fourth-quarter results today, with earnings and revenue that beat expectations, in its first earnings report since going public late last year. The company followed up with a higher outlook that sent its stock up slightly in after-hours trading. GlobalFoundries reported an operating loss for the period of $491 ...
API connectivity firm Kong’s latest release delivers lower latency, higher throughput
Kong Inc. today announced a big update to its popular application programming interface connectivity platform, delivering big improvements in both latency and throughput, resulting in faster speeds and higher capacity for users. Kong Enterprise 2.7 is a connectivity platform that connects APIs and microservices natively across and within clouds, Kubernetes, data centers and more using ...
Cloudentity partners with Google Cloud’s Apigee to enable open banking innovation
Identity and authorization software provider Cloudentity Inc. said today it’s partnering with Google Cloud’s Apigee to give financial services customers a simple, unified solution to address regulatory requirements around open banking. Apigee is Google Cloud’s application programming interface management tool, which is used by developers to design, secure, analyze and scale their APIs anywhere with ...
M3ter exits stealth with $17.5M to help SaaS firms implement usage-based pricing
London-based startup m3ter is exiting stealth mode today armed with $17.5 million in funding as it looks to tackle the challenge of usage-based pricing for software-as-a-service providers. Today’s round was led by Kindred Capital and included participation from Union Square Ventures and Insight Partners. M3ter is aiming to solve the difficulty of implementing usage-based pricing ...