Mike Wheatley
Latest from Mike Wheatley
Tableau Software beats earnings forecast as it switches to new accounting standard
Tableau Software Inc. reported fourth-quarter results today that beat Wall Street’s expectations on both profit and revenue, but its stock still fell slightly in after-hours trading. The business intelligence analytics software company’s shares were down more than 5.5 percent at one point in the extended session before rallying somewhat to settle at 2.6 percent down. ...
Doubling down on data science, Databricks lands massive $250M round
Big-data company Databricks Inc. is topping up its war chest with a hefty $250 million late-stage round of funding. The Series E round was led by Andreessen Horowitz. Coatue Management, Microsoft Corp. and New Enterprise Associates also participated in the round, which brings Databricks’ total capital raised to date to $498.5 million. Databricks sells a Unified Analytics ...
Rancher Labs now supports multicluster Kubernetes apps
Container management software company Rancher Labs Inc. today added an important new capability to its platform, providing support for “multicluster” Kubernetes applications for the first time. The company said it’s the first platform of its kind to add the new capability, which delivers enhanced reliability and availability for applications deployed on multiple clusters and edge computing environments. ...
Slack rival Mattermost lands $20M to grow its DevOps-focused collaboration platform
Aiming to pinch business away from its larger rival Slack Technologies Inc., collaboration platform provider Mattermost Inc. today said it has landed $20 million in new funding. The Series A round was led by Redpoint Ventures, with participation from S28 Capital and Y Combinator. Mattermost is positioning itself as a rival to Slack when it comes to ...
Data management startup Komprise raises $24M
Komprise Inc., a startup in the emerging data management market, is looking to grow its business after landing a $24 million round of funding that doubles its total capital raised to $42 million. Top Tier Ventures led the Series C round, which also saw participation from Western Digital Capital, Canaan Partners and Walden International. Komprise ...
Microsoft delivers Azure cloud capabilities to the ‘tactical edge’
Microsoft Corp. is teaming up with Dell Technologies Inc.’s Dell EMC subsidiary to deliver cloud services to the “tactical edge,” by which they mean remote locations where network connectivity leaves a lot to be desired and mobility and portability are essential requirements. The companies today announced two new products to enable this, including the Dell EMC Tactical ...
Google launches Cloud Firestore database for mobile app developers
Google LLC has finally made its Cloud Firestore database for mobile, web and “internet of things” applications generally available, more than a year after it was launched in beta. Cloud Firestore is a serverless, NoSQL database that’s designed to handle unstructured data that doesn’t hew to conventional data models and thus typically isn’t a good ...
Brushing aside legal troubles, Qualcomm delivers solid earnings
Embattled chipmaker Qualcomm Technologies Inc. delivered solid fiscal first-quarter results today that may go some way toward dispelling investors concerns over its ongoing legal struggles. The company reported earnings before certain costs such as stock compensation of $1.20 per share, up 25 percent from the same period a year ago. Revenue fell 20 percent, as ...
ServiceNow delivers another blowout quarter
Enterprise software company ServiceNow Inc. picked up where it left off last year with yet another strong set of financial results that pushed its stock up more than 6 percent in after-hours trading. The company, which sells workflow automation software to enterprises, blew past analysts’ expectations on earnings and also saw its subscription billings top views. ...
Microsoft stock slips on chip supply issues, but its cloud remains strong
Microsoft Corp.’s stock dropped in after-hours trading Wednesday shortly after the software giant poste fiscal second-quarter results that fell just short of analysts’ expectations on revenue. The revenue miss was blamed on computer chip supply issues with partners such as Intel Corp. and others that meant Microsoft’s biggest business, its personal computing division, came up just ...