Mike Wheatley
Latest from Mike Wheatley
Rebranded as Virtana, Virtual Instruments debuts cloud cost optimization platform
Virtual Instruments Inc. is moving beyond simple information technology infrastructure management, rebranding itself as “Virtana” and debuting a new cloud cost optimization platform called “CloudWisdom” that’s tightly integrated with its main offering. The company makes a living selling tools that help enterprises to understand, manage, optimize and automate their hybrid information technology environments. It’s useful ...
BREAKING ANALYSIS
IT spending is falling, but cloud sees more acceleration
Enterprises are tightening the purse strings in the fourth quarter of 2019, with spending on information technology infrastructure set to fall from a year ago. That’s according to the latest forecast from Enterprise Technology Research. Dave Vellante, chief analyst at SiliconANGLE sister market research firm Wikibon and co-host of theCUBE, ran down the details in the ...
Call tracking company Invoca raises $56 million
Call tracking and conversational analytics platform provider Invoca Inc. said today it has raised $56 million in a new round of funding, bringing its total amount raised to $116 million. Existing investor Upfront Ventures and new investor H.I.G. Growth Partners co-led the round, which saw participation from other backers as well, including Accel and Morgan ...
Atlassian acquires Jira automation startup Code Barrel
Business productivity software company Atlassian Corp. Plc. said today it’s buying a company called Code Barrel Pty Ltd. for an undisclosed price. Code Barrel sells a popular automation tool for Atlassian’s project tracking software Jira, which enables users at more than 6,000 organizations to automate routine operations without writing any code. Atlassian said its plan ...
Pendo claims ‘unicorn’ status after bagging $100M in new funding
Software application optimization company Pendo.io Inc. is the latest tech unicorn after announcing today it has raised an even $100 million in a late-stage round of funding. The Series E round brings Pendo’s total amount raised to $206 million and sets a valuation of $1 billion. Sapphire Ventures led the round, with participation from new investors General ...
Microsoft unveils two open-source projects for building cloud and edge applications
Microsoft Corp. today open-sourced a couple of new application development tools aimed at making life easier for cloud developers. The new projects include the Open Application Model, which is a specification for building cloud-native apps on Kubernetes, and Dapr, a portable event-driven runtime for building microservices-based apps that can run in the cloud and on ...
Despite Red Hat boost, IBM misses revenue targets
IBM Corp. narrowly missed Wall Street estimates on revenue as it reported third-quarter results today, blaming the shortfall on a weakness in some European markets that hurt sales within its Global Technology Services Unit. The company’s shares fell more than 5% in after-hours trading as a result. IBM reported third-quarter earnings before certain costs such ...
Facebook makes big advances in AI reasoning and machine translation
Facebook Inc. is using its @Scale conference today to provide an update on its progress in artificial intelligence research. The social media company is open-sourcing a new “AI reasoning” platform and providing some updates on its research into machine translation. It’s part of a broad push to scale up AI workloads, a difficult task given the massive ...
Google debuts Security Health Analytics for its cloud platform
Google LLC today launched a new cloud security service that aims to help ensure its customer stay in compliance with any regulations they need to adhere to. Security Health Analytics is a security service that integrates with Google’s Cloud Security Command Center. In a blog post, Google Cloud product manager Kyle Olive said it enables ...
Open-source Delta Lake project moves to the Linux Foundation
Databricks Inc.’s Delta Lake today became the latest open-source software project to fall under the banner of the Linux Foundation. Delta Lake has rapidly gained momentum since it was open-sourced by Databricks in April, and is already being used by thousands of organizations, including important backers such as Alibaba Group Holding Ltd., Booz Allen Hamilton Corp. ...