Mike Wheatley
Latest from Mike Wheatley
ServiceNow smashes profit expectations once again
Enterprise software company ServiceNow Inc. continued its run of successive strong quarterly financial performances today with another set of results that blew past expectations. Earnings before certain costs such as stock compensation came to 67 cents per share, easily surpassing Wall Street’s forecast of 54 cents per share. The company, which sells information technology service ...
Thanks to the cloud, Microsoft briefly tops $1 trillion valuation as earnings top forecasts
Microsoft Corp. briefly became the third company in the world to see its market capitalization top the $1 trillion mark late today after delivering fiscal third-quarter results that easily beat expectations. The software company reported a profit before certain costs such as stock compensation of $1.14 per share, well above the analyst estimate of $1 per share. ...
Databricks wants to replace messy data lakes with more reliable ‘Delta Lake’
Big data firm Databricks Inc. wants to clean up companies’ messy data lakes with a new open-source project. Delta Lake, as the project is called, acts similarly to a regular data lake but provides greater reliability by ensuring all of the information stored within it is “clean” and without errors, Databricks said. Data lakes are systems ...
Ford partners with Amazon to build cloud services for connected cars
Ford Motor Co. is joining forces with Amazon Web Services Inc. to enable a worldwide cloud-based service for autonomous and connected vehicles of the future. The two companies say they’re going to work together to create “innovative mobility services and differentiated customer experiences.” Neither company mentioned details of specific applications relating to the partnership, but they ...
Squarespace acquires Acuity Scheduling to add more professional services
Website building service provider Squarespace is making its first-ever acquisition with Acuity Scheduling Inc., which sells online appointment tools. The acquisition comes at a time when Squarespace is trying to reinvent itself by providing more professional services to help its customers better run their online businesses. “As Squarespace has evolved as a company, we’ve moved beyond helping ...
Google completes subsea cable link connecting US to Chile
In a key milestone for its global cloud computing operation, Google LLC said today it has completed work on a new, 10,000-kilometer-long subsea cable linking its U.S. base of operations in California with Chile. Dubbed “Curie” after the Nobel prize winner Marie Curie, the undersea cable stretches from Los Angeles all the way to the port ...
Sight Machine raises $29.4M to help manufacturers analyze big data
Manufacturing analytics company Sight Machine Inc. said today it has raised $29.4 million in funding after seeing massive customer growth in the last year. The Series C round was led by Korean venture capital firm LS Group, whose Chief Strategy Officer Yumi Lee will join Sight Machine’s board of directors. Existing investors Mercury Fund, Jump ...
Conga adds AI-driven insights to its document management tools
Digital document management company AppExtremes LLC, which does business as Conga, is melding new artificial intelligence capabilities with its platform, with an aim to help companies gain more insights from contracts and other documents they create. Conga’s new AI Analyze tool, announced today, uses machine learning to analyze information such as the fine print that’s detailed within ...
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 ...