Mike Wheatley
Latest from Mike Wheatley
Open observability firm Cribl Inc. said today it has closed on a late-stage $150 million funding round that brings its total amount raised to $400 million to date. Tiger Global Management led the Series D round and was joined by existing backers …
Updated: Broadcom in talks to acquire virtualization software giant VMware for $60B
Updated: Computer chipmaker Broadcom Inc. is negotiating to buy the virtualization software giant VMware Inc., according to a report by Bloomberg. The report, citing anonymous sources familiar with the matter, said the negotiations are ongoing and that a deal is not imminent. …
Stripe’s new Data Pipeline tool aims to ease syncing transaction data with Amazon Redshift and Snowflake
Payments processing firm Stripe Inc. is getting into the infrastructure business today with the launch of a new product called Data Pipeline that customers can use to synchronize their transaction data with information stored in Amazon Redshift and Snowflake data warehouses. Stripe …
Y Combinator warns startup founders to be wary of economic downturn
One of Silicon Valley’s most renowned startup accelerators, Y Combinator, has told founders of its portfolio companies to “plan for the worst,” warning they face a rough ride ahead as the economy declines and funding becomes more difficult to obtain. “No one …
AMD shifts electronic design automation workloads to Google Cloud
Chipmaker Advanced Micro Devices Inc. said today it plans to shift some of its electronic design automation workloads for chip design onto Google Cloud, in order to extend the capabilities of its own data centers. EDA is an important part of the …
Cloud data protection startup Dig Security launches with $11M in seed funding
As it exits stealth mode today, data security firm Dig Security Solutions Ltd. wants to convince enterprises it can comprehensively secure their cloud-hosted information. The company is backed by $11 million in seed funding from Team8 and leading cybersecurity firms CrowdStrike Holdings …
Chip design software firm Synopsys beats forecast and raises full-year guidance
Semiconductor design software maker Synopsys Inc. today delivered fiscal second-quarter results and guidance for the next period that came out ahead of Wall Street’s forecasts, sending its stock higher in extended trading. The company reported a net profit of $294.8 million, with …
Cisco’s stock crashes as China lockdown hurts revenue and guidance
Shares of Cisco Systems Inc. tanked in extended trading after executives said COVID-19-related lockdowns in China and the war in Ukraine dragged on sales in its fiscal third quarter. The same two factors were blamed for a lower-than-expected forecast for Cisco’s fourth-quarter …
Masterschool raises $100M to tackle the world’s tech talent shortage
Education technology startup Masterschool said today it has closed on a $100 million round of funding as it looks to satisfy the seemingly unquenchable thirst for technology talent in the enterprise. Despite the big number, the raise is being billed as a …