Mike Wheatley
Latest from Mike Wheatley
Real-time data streaming firm Confluent crushes earnings forecasts with 66% sales growth
Big-data company Confluent Inc. is on a roll, posting strong financial results today, beating Wall Street’s expectations in its second earnings report since going public earlier this year. The company reported a third-quarter loss before certain costs such as stock compensation of 17 cents per share on revenue of $102.6 million, up a stunning 66% ...
Dropbox keeps ticking over, beating expectations with its latest earnings results
File-sharing specialist Dropbox Inc. beat Wall Street’s forecast for its third-quarter financial results today. The company reported a profit before certain costs such as stock compensation of 37 cents per share on revenue of $550.2 million, which was up 13% from the same quarter a year ago. Analysts had been modeling earnings of just 35 cents per ...
TriggerMesh updates its app integration platform to support Knative 1.0 release
Cloud-native integration platform provider TriggerMesh Inc. is announcing support for the first major release of the open-source Knative project, which hit version 1.0 today. TriggerMesh is one of the top contributors to Knative, which was first developed at Google LLC and provides components for deploying, running and managing serverless, cloud-native applications on Kubernetes. Serverless apps, ...
Data warehouse startup Yellowbrick Data lands $75M in Series C1 funding
Data warehouse technology player Yellowbrick Data Inc. has restocked its war chest after closing on a $75 million Series C1 round of funding today that brings its total amount raised to $248 million. The company said today’s round added three new investors, including the institutional investor Citadel Securities. The other two investors were not named, ...
Qualcomm’s stock pops as smartphone chip sales multiply
Qualcomm Inc. brushed aside fears that its business might be held back by supply chain issues, delivering strong fourth quarter results driven by a 56% year-over-year boost in smartphone chip sales. The company reported a profit before certain costs such as stock compensation today of $2.55 per share on revenue of $9.32 billion, up 43% from ...
Google debuts more cloud tools for government agencies and educators
Google Cloud has taken it upon itself to help the U.S. government disburse billions of dollars in much-needed emergency funding for rental and housing assistance that’s yet to be claimed. It’s believed there are millions of people across the U.S. who are entitled to some kind of financial support because of hardship experienced during the ...
Red Hat focuses on simplified automation and container development in RHEL 9 Beta release
Linux platform company Red Hat Inc. today announced the beta release of the next major update to its flagship Red Hat Enterprise Linux platform. RHEL 9 Beta features numerous updates aimed at making it a better platform for the most demanding hybrid multicloud deployments, with simplified automation and management capabilities and improved container development at ...
QuestDB gets $12M Series A funding amid growing interest in time-series databases
Startup QuestDB Technology Inc. is itching for a fight with more established players in the fast-growing time-series database market after closing on a new $12 million round of funding. Today’s Series A round was led by 468 Capital and saw participation from Uncorrelated Ventures, plus a veritable who’s who of open-source technology founders, such as ...
Healthcare automation startup Notable raises $100M to ease hospitals’ administrative burden
Healthcare automation firm Notable is hoping to expand after raising a hefty $100 million Series B funding round today. The round into Notable, officially named Zealth Inc., was led by ICONIQ Growth with participation from Greylock Ventures, Oak HC/ FT and F-Prime, bringing Notable’s total amount raised so far to $119.2 million. Notable provides intelligent automation ...
Freshworks’ stock falls fast in extended trading despite earnings beat
Customer service and support software firm Freshworks Inc. took a beating today, with its share price crashing after-hours despite beating analysts’ targets on earnings and revenue in its first-ever quarterly financial report. The company reported a third-quarter loss before certain costs such as stock compensation of 4 cents per share on revenue of $96.6 million, ...