Mike Wheatley
Latest from Mike Wheatley
Cloudera adds new engineering, analytics tools to its Data Platform
Cloudera Inc. said today it’s adding more “experiences” to its Cloudera Data Platform to make it easier for customers to extract more business value from their data. The Cloudera Data Platform is positioned as a one-stop-shop cloud service for organizations that want to perform analytics across hybrid and multicloud environments with enterprise-grade security and governance. ...
Google highlights its cloud capabilities with Deutsche Bӧrse and Bed Bath & Beyond
Google LLC highlighted the growing strength of its public cloud computing services this week, announcing a couple of new customer wins. On Wednesday it said the financial services giant Deutsche Bӧrse Group is in the process of migrating its on-premises VMware applications to the Google Cloud VMware Engine service. The Google Cloud VMware Engine provides ...
After raising $326M in IPO, Sumo Logic sees stock rise 22% on first trading day
Shares of Sumo Logic Inc. jumped more than 20% when they hit the stock market Thursday after the cloud-based machine data analytics firm raised at least $325.6 million in its initial public offering. Sumo Logic had priced its IPO late Wednesday at $22 a share, above its initial price range of $17 to $21 a share, offering 14.8 million common ...
Box streamlines the remote working experience and improves security
Box Inc. today introduced some planned new features that it says will help make users more productive, while keeping the information they collaborate on more secure. The updates, announced today during the company’s BoxWorks Digital event, include an extension of its annotations feature for mobile users, support for Apple Pencil and enhancements to Box’s Relay and Shield tools. They’re ...
Pure Storage buys Portworx for $370M to expand further into cloud-native storage
Pure Storage Inc. said today it’s acquiring data services platform Portworx Inc. as it looks to expand into the growing market for cloud-native and Kubernetes-based storage services. The company said it will pay about $370 million in cash to acquire Portworx in a deal that’s expected to be completed by the end of this month. Pure ...
With new Paris release, ServiceNow accelerates business resiliency and enterprise automation
ServiceNow Inc. announced some big changes today as part of the Paris release of its flagship Now Platform, saying they will help organizations to become more agile and resilient and boost productivity amid the ongoing COVID-19 pandemic. The Now Platform is a cloud automation platform designed to help enterprises automate parts of their business that ...
Aidoc raises $20M in extended Series B round amid growing demand for medical AI
Medical imaging startup Aidoc Medical Ltd. said today it has raised an extra $20 million in funding, bringing its total funding to date to $60 million. The Series B extension round comes at a time when customers are increasingly turning to its artificial intelligence-based software, with the company saying it has tripled its revenue this ...
Seeqc raises $22.4M to build out its hybrid quantum computing architecture
Quantum computing startup Seeqc Inc. said today it has secured $22.4 million in a new round of funding that brings its total amount raised to more than $29 million, following an earlier seed funding round in April. EQT Ventures led the Series A round, which also included participation from M Ventures, the venture capital arm of ...
After record IPO, Snowflake’s shares more than double for a valuation of $70B
Snowflake Computing Inc. jumped into the public market Wednesday with an initial public offering, watching shares more than double in value, to $245 a share, in their initial trading on the New York Stock Exchange. The first-day pop of more than 104%, while leaving a lot of money on the table that the company could ...
Google partners with Lenovo on videoconferencing hardware
Google LLC is doubling down on videoconferencing with the launch of its new Google Meet Series One hardware in partnership with Lenovo Group Ltd. The Google Meet Series One room kits (pictured) are designed for companies that have embraced the idea of having more flexible, distributed teams in light of the coronavirus pandemic. Those teams ...