Mike Wheatley
Latest from Mike Wheatley
Qualtrics posts another surprise profit and its stock makes solid gains
Experience management platform provider Qualtrics International Inc. delivered another strong quarter today with a surprise profit and stronger-than-expected revenue sending its stock higher. The company reported a third-quarter profit before certain costs such as stock compensation of a penny a share on revenue of $271.6 million, up 41% from a year ago. Analysts had been expecting Qualtrics ...
Automation Anywhere wants to bring software robots into the call center
Robotic process automation firm Automation Anywhere Inc. is bringing its smarts into contact centers, helping call center agents become more efficient by quickly surfacing the information they need to handle customer calls. Automation Anywhere is widely considered one of the leaders in the fast-growing RPA market, valued at north of $6.8 billion. The company’s Automation ...
Asana adds more collaborative tools to reduce time spent on ‘work about work’
Collaboration software company Asana Inc. is trying to eliminate what it says are countless working hours wasted on tasks such as searching for information, switching between applications and regular status meetings that achieve nothing in terms of productivity. Asana refers to the time employees waste on the mundane tasks listed above as “work about work.” ...
Application security testing firm Invicti Security to raise $625M
Application security testing startup Invicti Security Ltd. will have bags of money to play with after raising a $625 million funding round led by Summit Partners. The round Existing investor Turn/River Capital will also participate in the round, which is expected to close sometime in the fourth quarter, Invicti said. Invicti sells tools that improve ...
Deci gets $21M funding to help automate deep learning model development
Deci.AI Ltd. is getting a $21 million cash infusion via an early-stage round of funding aimed at furthering its mission of helping companies build, optimize and deploy artificial intelligence-powered applications. Today’s Series A round was led by Insight Partners and saw the participation of existing investors Square Peg, Emerge and Jibe Ventures, plus new investors ...
Couchbase debuts Capella, a hosted database-as-a-service on Amazon’s cloud
Couchbase Inc. is getting into the hosted database-as-a-service game with the launch of Couchbase Capella on Amazon Web Services Inc.’s cloud platform. Couchbase Capella is a fully managed and automated version of Couchbase Server. That’s a popular NoSQL database used to power modern enterprise applications. Unlike traditional databases that can accommodate either structured or unstructured data, Couchbase’s ...
Secure access service edge startup Cato Networks raises $200M to scale up its cloud network
Cloud networking company Cato Networks Ltd. has announced another bumper funding round, this time closing on a late-stage $200 million round that brings its total amount raised to $532 million. Lightspeed Venture Partners led today’s round, with participation from existing investors Greylock, Acrew Capital, Coatue, Singtel Innov8 and Shlomo Kramer. The round values Cato Networks ...
Splunk doubles down on multicloud data access, observability and security at its annual summit
Splunk Inc. is boosting the multicloud data management capabilities it offers to enterprises to help them accelerate their cloud-driven digital transformations. The company reeled off a long list of updates today during its annual Splunk .conf21 Virtual event that should ensure customers get a better handle on the masses of data they have stored in ...
Open-source software champion Aiven hits unicorn status after closing on $60M Series C extension
Aiven Ltd., a startup that champions the concept of open-source software, says it has become the “latest unicorn of the Nordics” after raising a $60 million funding that values it at $2 billion. The company said the Series C extension was co-led by existing investors World Innovation Lab and IVP, and with participation from Atomico ...
Gartner predicts rise of distributed data architectures, smarter AI and accelerated automation
The pandemic’s push to remote and hybrid work will drive a raft of new distributed data and services and more automation over the next five to 10 years. That’s among the predictions tech industry analyst firm Gartner Inc. made today as it kicked off its virtual Gartner IT Symposium/Xpo Americas event. They’re on its annual list ...