Mike Wheatley
Latest from Mike Wheatley
Pliops lands $30M to deliver more scalable storage
Israeli cloud storage processor startup Pliops could be a company worth watching after it landed a $30 million round of funding today led by Intel Capital, State of Mind Ventures and Viola Ventures. The Series B round, which brings Pliops’ total funding to $40 million, also saw the participation of strategic investors Western Digital Capital ...
AMD stock jumps after chipmaker says it sees solid growth ahead
Advanced Micro Devices Inc.’s stock jumped by almost 9 percent in after-hours trading today after the chipmaker posted fourth-quarter results that showed surprising growth in key markets. The veteran semiconductor firm reported earnings before certain costs such as stock compensation of 8 cents per share on revenue of $1.42 billion, up 6 percent from a ...
Apple stock jumps despite huge decline in iPhone sales
Pretty much as expected, Apple Inc. today reported that iPhone revenue fell more than 15 percent in its fiscal first quarter from a year ago. But services revenue managed to save the day by surging 19 percent. For the December quarter, Apple reported earnings before certain costs such as stock compensation of $4.18 per share ...
Automated transcription provider Verbit raises $23M
Verbit Software Ltd., a provider of automated video and speech transcription services powered by artificial intelligence, is hoping to take on giants such as Google LLC after closing on a new $23 million round of funding led by Viola Ventures. Vertex Ventures, HV Ventures, Oryzn Capital, Vintage Venture Partners and Clal-Tech also participated in the Series ...
Software networking firm Cato Networks lands $55M funding round
Enterprise networking company Cato Networks Ltd. has refilled its war chest with a $55 million round of funding led by Lightspeed Venture Partners. The round brings its total amount raised to $125 million. Previous investors Aspect Ventures, Greylock Partners, Singtel Innov8, USVP and co-founders Shlomo Kramer and Gur Shatz also participated in the round. Cato ...
SPECIAL REPORT: MANAGING THE MULTICLOUD
Cisco brings its data center infrastructure to wherever data lives
Cisco Systems Inc. is responding to the growing spread of data with a new networking architecture that aims to extend enterprise’s data centers to wherever their data lives and wherever their applications are being deployed. The company announced early today at its Cisco Live event in Barcelona that it’s expanding its Cisco Application Centric Infrastructure ...
Gartner: Led by software, global tech spending will hit $3.8T in 2019
Gartner Inc. today issued another forecast on global information technology spending, saying enterprises will splash out a combined $3.8 trillion on tech hardware, software and services in 2019. That would represent a 3.2 percent increase on IT spending in the previous year, which Gartner puts down to growth in cloud computing, data centers and the ...
US charges Huawei with fraud and trade secret theft from American rivals
China’s largest technology company, Huawei Technologies Co. Ltd., was slapped with criminal charges today by U.S. prosecutors who allege that it committed bank fraud to violate sanctions against doing business with Iran. The telecommunications firm has also been charged with stealing trade secrets from a U.S. rival. The charges, filed late Monday in Brooklyn, are the ...
User engagement analytics firm Contentsquare raises $60M
Contentsquare executives are rubbing their hands with anticipation after the company landed a hefty $60 million round of funding. Announced today, the Series C round was led by private equity firm Eurazeo, and it comes almost a year to the day after the user engagement analytics startup snagged $42 million in a Series B round of funding. Previous ...
SAP NS2 and Google team to deliver secure cloud services to the public sector
SAP SE’s independent U.S. subsidiary SAP National Security Services Inc., which sells software and services for government infrastructure and national security agencies, said Thursday it has formed a new strategic partnership with Google LLC. The alliance between SAP NS2 and Google’s cloud platform will provide advanced cloud and data capabilities for businesses in the public ...
