Mike Wheatley
Latest from Mike Wheatley
Thoughtworks raises $773M in IPO and its stock jumps 40% on first day of trading
Tech consulting firm Thoughtworks Holding Inc. enjoyed a strong debut on the markets today as its stock jumped 40% after it raised more than $773 million in its initial public offering. The company’s stock opened at $26 and closed the day at $29.39 on the Nasdaq Exchange, bringing its market value to almost $9 billion. ...
Arm’s newest reference architecture brings cloud-native capabilities to automotive apps
Computer chip designer Arm Ltd. is looking to bring the speed and versatility of cloud-native software development to the automotive industry with the launch of its newest software architecture and reference implementation for future application design. Arm’s Scalable Open Architecture for Embedded Edge or SOAFEE was announced today alongside two new reference hardware platforms for developers ...
Dell brings greater flexibility to its network-attached storage systems
Dell Technologies Inc. is beefing up its portfolio of network-attached storage systems, including its Dell EMC PowerScale hardware, with enhancements aimed at providing more flexible consumption and management of unstructured data. The need for greater flexibility when it comes to managing unstructured data was recently cited as an “uber trend” by International Data Corp. Enterprises, ...
Data integration startup Matillion raises $150M in late-stage round
Cloud data integration pioneer Matillion Ltd. has secured another big funding round, raising $150 million in a late-stage financing led by General Atlantic that brings its total amount raised to $310 million and its valuation to $1.5 billion. Today’s Series E round, its second triple-digit raise this year, also saw participation from Battery Ventures, Sapphire ...
Flying taxi startup Urban Aeronautics readies for takeoff with $10M in funding
Flying car startup Urban Aeronautics Ltd.’s compact electric vertical takeoff and landing vehicles are getting closer to the launchpad, after the company secured $10 million toward a new round of financing. Announced today, the Series A funding comes via private investors from Israel, where the company is based, the U.S. and Brazil. Urban Aeronautics has ...
Cloud automation software firm SkyKick raises $130M in new funding round
SkyKick Inc., a provider of cloud automation software for independent technology services providers, announced it has closed on a beefy $130 million financing round today that brings its total amount raised to more than $200 million. The round was led by new investor Morgan Stanley Investment Management and saw the participation of existing investors Navin ...
Google launches cloud-based Supply Chain Twin to aid enterprise logistics planning
Google LLC is pushing to help enterprises resolve their pandemic-linked supply chain challenges with the launch of a couple of new cloud services today. The Supply Chain Twin enables companies to build a “digital twin,” or virtual representation of their physical supply chain, while the Supply Chain Pulse module works with it to provide alerts ...
Oracle falls short of revenue targets but cloud growth stays strong
Database giant Oracle Corp. saw strong growth in its emerging cloud platform and infrastructure businesses, but not quite strong enough as the company missed its revenue targets today, sending its stock down 2% in after-hours trading. The company reported a fiscal first-quarter profit before certain costs such as stock compensation of $1.03 per share on revenue ...
Facebook’s Superpack data compression technique reduces Android app size by 20%
Facebook Inc.’s software team has spent the last two years working on a way to compress application code with a view to keeping app sizes more manageable, ultimately coming up with a new technique called Superpack. In a lengthy post on the Facebook Engineering blog today, Facebook software engineer Sapan Bhatia talks about the unique ...
Cloud directory service JumpCloud raises $159M in late-stage round at $2.56B valuation
Cloud directory-as-a-service provider JumpCloud Inc. is getting some serious traction, announcing a $159 million late-stage round of funding today that follows a $100 million raise in January. The Series F round was led by Sapphire Ventures and saw participation from Owl Rock, Whale Rock Capital, Sands Capital, and Endeavor Catalyst. Existing investors General Atlantic, BlackRock, ...