Mike Wheatley
Latest from Mike Wheatley
Continuous app delivery firm Harness raises $60M
Continuous software delivery startup Harness Inc. has raised $60 million as it looks to capitalize on enterprise demands to deliver software updates faster, without breaking any code. Institutional Venture Partners, Google Ventures and ServiceNow Ventures led the Series B round, which also saw participation from existing investors BIG Labs, Menlo Ventures and Unusual Ventures. Continuous ...
Keeptruckin raises $149M for tech for trucking firms manage drivers
Fleet management company Keeptruckin Inc. is heading in the right direction after closing a hefty $149 million late-stage funding round that brings its total amount raised to $228 million. Greenoaks Capital led the Series D round, with participation from existing investors, including IVP, GV, Index Ventures and Scale Venture Partners. Keeptruckin builds smartphone apps for ...
Elon Musk says Tesla will have robotaxis on the road by next year
Tesla Inc. Chief Executive Officer Elon Musk was back to his usual bullish self today, claiming his company would have self-driving “robotaxis” with no human drivers up and running on U.S. roads within the next 12 months. The announcement, made during a webcast presentation Monday, came as Musk unveiled a new microchip for self-driving vehicles made ...
IBM stops new sales of its AI-based Watson Health Drug Discovery platform
IBM Corp.’s Watson Health business unit will wind down its Drug Discovery service, which is used by pharmaceutical companies to apply artificial intelligence to the development of new medicines. Medical news journal Stat first reported the news today, saying IBM was throwing in the towel because of “sluggish sales” of the product. The company said it ...
Phantom Auto raises $19M to expand its remote driving tech
Startup Phantom Auto today said it has raised $19 million in a round of financing that should help it to expand the scope of its technology, which allows human drivers to take control of autonomous vehicles. The Series A round was led by Bessemer Venture Partners, whose partners Byron Deeter and Tess Hatch will join Phantom’s ...
CloudBees buys Electric Cloud to strengthen its DevOps platform
CloudBees Inc. is adding release management, orchestration and automation capabilities to its suite of continuous integration and delivery or CI/CD tools for developers after acquiring rival Electric Cloud Inc. CloudBees, which develops the popular Jenkins CI/CD platform that developers use to test code for problems while it’s being written and deployed, said the acquisition was completed ...
Salesforce buys location intelligence provider MapAnything
Salesforce.com Inc. has been busier than usual this week, acquiring a location-based intelligence software and services startup while adding new tools to its artificial intelligence-based Einstein Platform Services suite. The startup concerned is MapAnything Inc., which is based on Charlotte, North Carolina, and had previously raised $84 million in funding. MapAnything brings some interesting capabilities ...
Google hires 27-year SAP veteran Robert Enslin to boost cloud sales and support
Google Cloud’s new Chief Executive Thomas Kurian is making good on a promise to revamp the company’s executive team, hiring former SAP SE veteran Robert Enslin as its new president of global customer operations. Enslin replaces the incumbent Paul-Henri Ferrand in the position and will report directly to Kurian. Ferrand, meanwhile, will “take on a ...
Revising its IT spending forecast, Gartner warns of slower growth across all segments
Analysts at Gartner Inc. today refreshed their worldwide information technology spending forecast for 2019 and the upshot is that slower times are ahead — especially for data center systems. The research firm says total spend is likely to be more or less the same as it said in its earlier forecast at roughly $3.79 trillion, ...
Atlassian stumbles on poor guidance despite strong earnings
Productivity software company Atlassian Corp. Plc saw its stock fall by almost 10% in after-hours trading today despite posting solid third-quarter financial results that beat expectations. The company reported earnings before certain costs such as stock compensation of 21 cents per share on revenue of $309.3 million, up 38% from the same period a year ...