Mike Wheatley
Latest from Mike Wheatley
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 ...
Arm bids to accelerate IoT application development with virtualized silicon in the cloud
Computer chip design firm Arm Ltd. is making a major effort to accelerate “internet of things” application and product development times with the launch of a new, solutions-based approach to IoT design. The Arm Total Solutions for IoT initiative announced today at Arm DevSummit 2021 is built on the foundations of Arm’s Corstone reference package ...
Pulumi’s new registry aims to ease sharing and reusing cloud infrastructure building blocks
Infrastructure-as-code company Pulumi Corp. said today it has created a new public registry where developers can discover and share Pulumi Packages that make it easier to build and deploy modern cloud applications. The company said its collection of cloud architecture implementations and software-as-a-service integrations with best practices built-in will make it possible to apply the ...
Clarifai gets $60M in funding to simplify AI development on unstructured data
Another day and another artificial intelligence startup is raising money — and today it’s Clarifai Inc., which closed on a $60 million round led by New Enterprise Associates. Menlo Ventures, Union Square Ventures, LDV Capital, Corazon Capital and New York University also participated in the Series C round, bringing Clarifai’s total amount raised to date ...
Elastic buys Optimyze to add ‘continuous profiling’ to its observability tools
Elastic N.V. is looking to create a full set of observability capabilities into its enterprise search platform after acquiring a startup called Optimyze Inc. today that specializes in continuous profiling. Three-year-old Optimyze is a Zurich, Switzerland-based startup that’s best known for its Prodfiler tool. Information technology teams use Prodfiler to monitor resources such as central processing ...
Canonical delivers Ubuntu 21.10 release with cloud-native features
Canonical Ltd. today announced a major update to the Ubuntu Linux operating system, with improvements that beef up security, enable cloud-native application development and enhance artificial intelligence and machine learning innovation. The Ubuntu operating system is one of the most popular versions of the Linux operating system. It has a big presence in the enterprise, ...
NXP Semiconductors moves all of its chip design workloads to Amazon’s cloud
NXP Semiconductors N.V. has kicked off what could be the start of a new trend in the computer chipmaking industry, announcing that it’s moving the vast majority of its electronics design automation workloads to Amazon Web Services Inc.’s public cloud platform. The company said today it has selected AWS as its preferred cloud provider. By ...
DevOps darling GitLab closes 35% above initial public offering price
Updated: DevOps company GitLab Inc. today closed its first day of stock trading a hefty 35% above its initial offering price. The stock had opened trading at 22% above its IPO offering price of $77 a share, which in turn was well above an already-elevated price range. The company raised more than $800 million in its IPO late Wednesday ...
Naveen Rao’s MosaicML debuts with a mission to improve machine learning training
Former Intel Corp. executives Naveen Rao and Hanlin Tang have gotten back into the startup game, announcing the launch of a new company called MosaicML today that promises to optimize machine learning. MosaicML is exiting stealth mode armed with $37 million in funding round led by Lux Capital DCVC, Future Ventures, Playground Global, AME, Correlation, ...