Mike Wheatley
Latest from Mike Wheatley
Artificial intelligence startup nRoad Inc. today announced the launch of its Convus platform, which is focused on helping financial services firms obtain insights from unstructured data. The company has declared it’s waging “war on documents,” with the aim of helping organizations overcome …
Zoom makes its Cloud Contact Center platform generally available
The iconic video call software provider Zoom Video Communications Inc. has made good on its promise to enter the cloud contact center market with the launch of Zoom Contact Center today. Generally available now, Zoom Contact Center combines unified communications and contact center …
Dell announces updated PowerVault ME5 storage arrays for smaller businesses
Dell Technologies Inc. today announced an update to its lineup of PowerVault entry-level storage arrays. The new PowerVault ME5 systems are optimized for storage area networks and direct-attached storage and designed to address the needs of small and medium-sized businesses that are …
SambaNova Systems unveils deep learning platform purpose-built for financial services firms
The heavily funded and previously somewhat secretive artificial intelligence startup SambaNova Systems Inc. announced today what it says is the first AI platform that’s purpose-built for the financial services industry. The SambaNova GPT Banking service is designed to enable banks to jump …
Despite earnings and revenue beat, Rackspace’s stock sinks on weak outlook
Cloud computing services firm Rackspace Technology Inc. took a beating in extended trading today, its stock down more than 15% on weaker-than-expected guidance for the coming quarter and full year. That followed solid fourth-quarter financial results that beat expectations on earnings and …
RingCentral closes on strong year with fourth-quarter earnings beat
Cloud communications pioneer RingCentral Inc. closed its fiscal 2021 year with a flourish, posting strong fourth-quarter results that beat expectations on earnings and issuing a fairly bullish outlook for the quarter and year ahead. The company announced a net loss of $118.3 …
Business automation software firm Appian delivers strong earnings beat, sending stock up
Business process automation firm Appian Corp. made strong gains today, its stock rising more than 12% in after-hours trading following a solid earnings and revenue beat. The company reported a fourth-quarter net loss of $25.8 million, compared with a net loss of …
Dropbox delivers strong earnings and first full year of profitability
Cloud file storage pioneer Dropbox Inc. today posted fourth-quarter financial results that topped Wall Street’s expectations, but it wasn’t enough to prevent its stock from falling slightly in extended trading. The company reported net income for the quarter of $124.6 million, a …
Post-subscription SaaS billing startup Subskribe launches with $18.4M in funding
Software-as-a-service billing startup Subskribe exited stealth mode today, armed with $18.4 million through its initial seed and Series A funding rounds and what it says is the world’s first adaptive quoting and billing platform for modern SaaS companies. The Series A round …
Subterranean mapping startup Exodigo launches with $29M in seed funding
Self-styled “nonintrusive subsurface mapping” platform provider Exodigo Ltd. is launching today after closing on a fairly hefty $29 million seed funding round. Zeev Ventures and 10D Ventures led the round, with participation from SquarePeg Capital, JIBE Ventures, Tidhar Construction Ltd., Israel Canada …