Mike Wheatley
Latest from Mike Wheatley
PC monitor sales decline as pandemic demand wavers
Personal computer monitor shipments have recorded their first year-over-year decline since the start of the pandemic, a sign that a boost in hardware sales resulting from the remote work trend is coming to an end. International Data Corp. said in its Worldwide Quarterly PC Monitor Tracker that shipments fell 7.2% in the third quarter of ...
Bizongo raises $110M and launches ‘cloud factory’ to boost supply chain visibility
Business-to-business supply chain enablement firm Bizongo said today it has raised $110 million in a funding round led by New York-based Tiger Global, bringing its valuation to the $600 million mark. New investors CDC and IFC EAF also participated in the round, along with previous backers B Capital, Chiratae Ventures, Schroder Adveq, IFC and Add Ventures ...
Report: Oracle targets healthcare data analytics firm Cerner for $30B acquisition
Database giant Oracle Corp. is reportedly in advanced discussions to buy the electronic medical records firm Cerner Corp. for about $30 billion, which would be the largest acquisition in Oracle’s history and extend its already deep push into the healthcare industry. The Wall Street Journal late today cited people familiar with the matter as saying a ...
Verizon and Google team up to provide 5G edge computing services
Verizon Communications Inc. and Google LLC said today they’re partnering to bring edge computing services to more of their customers through the former’s 5G network. The idea is to combine Verizon’s 5G Edge network services with the Google Distributed Cloud Edge platform to offer customers enhanced compute and storage capabilities at the edge over 5G. ...
No-code cloud analytics startup Sigma Computing raises $300M
No-code cloud analytics and business intelligence firm Sigma Computing Inc. has closed on what may well be one of the last big funding rounds of 2021, raising $300 million in the process. Today’s Series C funding round was co-led by D1 Capital Partners and XN, with participation from existing investors Sutter Hill Ventures and Altimeter ...
Adobe’s stock falls hard and fast as guidance falls short of expectations
Creative design software firm Adobe Inc.’s stock lost more than 10% of its value today after it projected fiscal first-quarter and full-year 2022 revenue that came way below analysts’ estimates. It as the second-worst one-day stock drop Adobe has suffered in more than a decade, surpassed only by a 15% slide in March 2020 when ...
Utilidata and Nvidia are building an AI-powered chip to help integrate renewable energy into the grid
Utilidata Inc., a company that makes software for smart electricity meters and other energy industry applications, said today it’s working with Nvidia Corp. to develop a highly customized “smart grid chip.” The plan is to embed the new chip into smart meters to boost grid resiliency and better integrate distributed energy resources such as solar ...
DataRobot Core helps data scientists deliver more sophisticated machine learning models faster
DataRobot Inc. is updating its suite of artificial intelligence tools with a new offering called DataRobot Core that’s aimed at data science experts. The ecompany also announced a new version of its AI Cloud platform that adds more sophisticated analytical capabilities and enhanced decision intelligence tools. DataRobot sells tools that reduce the amount of time ...
Unified business communications provider Dialpad raises $170M in funding
Business communications service provider Dialpad Inc. is ending 2021 on a high, raising $170 million in funding at a $2.2 billion valuation. ICONIQ Capital led today’s round, which also saw participation from Amasia, GV, OMERS Growth Equity, Work-Bench, Section 32 and T-Mobile Ventures. The funding brings Dialpad’s total amount raised to date to $418 million. ...
Distributed database startup Cockroach Labs raises $278M in late-stage funding round
Super-resilient database provider Cockroach Labs Inc. says it’s now worth $5 billion after closing on a bumper $278 million late-stage funding round today led by Greenoaks. Altimeter, BOND, Benchmark, Coatue, FirstMark, GV, Index Ventures, Lone Pine Capital, Redpoint, and Tiger Global also participated in the Series F round, bringing Cockroach Labs’ total amount raised to ...