Mike Wheatley
Latest from Mike Wheatley
DevOps automation leader Puppet lands $42M funding round
DevOps automation firm Puppet Inc.’s recent frenzy of activity is showing no signs of slowing down. The company, which automates the delivery and optimization of modern software applications, today said it has closed on a $42 million round of funding led by Cisco Investments, with participation from EDB Investments Pte. Ltd., Kleiner Perkins Caufield & ...
After $50M funding, big-data firm Celonis is Europe’s latest unicorn
German big-data company Celonis GmbH today said it has raised a hefty $50 million, bringing its valuation to a cool $1 billion. The company plans to use the proceeds from the Series B round to bolster its recent entry into the U.S. market, which already accounts for around half of its business. Celonis’ product is used ...
VMware brings Kubernetes container orchestration to multiple cloud platforms
Virtualization software giant VMware Inc. is stepping up its involvement in the software container movement, announcing today the availability in beta of its new VMware Kubernetes Engine. VMware is touting the platform as an enterprise-grade Kubernetes-as-a-service offering that helps companies to easily manage, secure and cut costs with their Kubernetes workloads. Kubernetes is a popular ...
Quantum Xchange to build first quantum network in U.S. offering ‘unbreakable encryption’
Startup Quantum Xchange today said it has raised $10 million in a seed funding round timed to coincide with the launch of the first-ever quantum fiber optic network in the U.S. The network is designed to protect data in transmission from attacks powered by quantum computers. The $10 million funding round, led by New Technology Ventures ...
Ping Identity acquires Elastic Beam for its AI-based API protection
So-called identity-defined security firm Ping Identity Corp. today launched new artificial intelligence capabilities to protect against attacks on application programming interfaces. The launch follows its acquisition of cybersecurity firm Elastic Beam Inc., also announced today. Elastic Beam provides security for hybrid clouds by using AI techniques to root out and shut down threats that access corporate systems ...
VIDEO EXCLUSIVE
AtScale hires Christopher Lynch as its new CEO
Business intelligence abstraction platform company AtScale Inc. is reshuffling its leadership pack, hiring ex-Vertica Systems Inc. Chief Executive Christopher Lynch (pictured) as its new executive chairman and CEO. Lynch takes over the top spot from AtScale co-founder Dave Mariani, who will focus on the technology side of the business as executive vice president of technology. ...
Cloud switch: GitLab migrates from Microsoft Azure to Google Cloud
Google LLC has scored a small victory over Microsoft Corp. with the news Monday that GitLab Inc. is moving the entirety of its code repositories from the Azure cloud to Google Cloud Platform. GitLab provides a central code-control repository, issue-tracking environment, collaboration forum and documentation hosting service for open-source software developers. It’s probably the biggest ...
Data protection startup BigID lands its second major funding round this year
Data protection and privacy startup BigID Inc. today announced its second dose of funding this year, landing $30 million more in funding just five months after completing its $14 million Series A round. The Series B round was led by new investor Scale Venture Partners and saw participation from previous investors ClearSky Security, Comcast Ventures, BOLDstart ...
IDC report: Global spending on information and communications technology to slow
International Data Corp. said Thursday that worldwide spending on traditional hardware, software, services and telecommunications gear will rise by 3.7 percent to $4 trillion by the end of the year. But that represents a slight decline from growth of 4.2 percent in 2017, the analyst firm said. It also warned that growth will slow even further, to ...
Micron posts record profit as demand for flash memory stays strong
Chipmaker Micron Technologies Inc. posted record revenue and profits for its fiscal third quarter today as it rode a wave of continued demand for its memory products. The company reported a profit after certain costs such as stock compensation of $3.15 per share, ahead of Wall Street’s projections. The company’s revenue totaled $7.8 billion for the ...