Mike Wheatley
Latest from Mike Wheatley
Pavilion Data Systems launches new storage system for rack-scale applications
Data center storage hardware maker Pavilion Data Systems Inc. has just released what it said is the industry’s first high-performance Non-Volatile Memory Express over Fabric storage platform for “rack-scale” modern applications. Pavilion Data said it also secured a new $12 million round of funding led by Korea Investment Partners and DAG Ventures, with participation from ...
Facebook to work with think tank Atlantic Council to prevent election meddling
Facebook Inc. is stepping up its efforts to stop its platform being misused in order to influence political elections. The social media giant Thursday announced a partnership with the Atlantic Council think tank, in order to “prevent [its] service from being abused during elections.” That practice came to the world’s attention during the 2016 U.S. ...
China agrees to Toshiba memory business sale after all
China’s government has said it isn’t planning to block the sale of Toshiba Corp.’s memory business to a consortium led by U.S. private equity firm Bain Capital. The announcement from China’s antitrust authorities means that the sale is all set to be finalized by the end of next month, following clearance from regulatory bodies in ...
Startup Arevo lands $12.5M to bring 3-D printing into the mainstream
3-D printing startup Arevo Inc. aims to kickstart a revolution in manufacturing after signing on a new high-profile chief executive officer and closing a $12.5 million funding round. Arevo offers some pretty advanced 3-D printing capabilities, using a combination of software, robotics and materials to manufacture a range of lightweight products that boast “superior strength and ...
PluralSight raises $310M+ in IPO as shares jump 33% in market debut
Updated: In another of a recent string of enterprise initial stock offerings, online learning platform PluralSight Inc. Thursday sold shares publicly for the first time, and their price jumped more than 30 percent on their debut. The company had priced shares Wednesday for its initial public offering at $15 each, raising $310 million with an option for underwriters to ...
Intel’s OpenVINO toolkit enables computer vision at the network edge
Intel Corp. is stepping up its artificial intelligence play with the release of a new toolkit that will enable developers to deploy computer vision at the network edge for cameras and “internet of things” devices. The chipmaker said that its Open Visual Inference & Neural Network Optimization toolkit is compatible with popular machine learning frameworks ...
New TPG investment values cybersecurity firm Tanium at $5 billion
Cybersecurity firm Tanium Inc. is now valued at a mammoth $5 billion following its latest cash infusion from the investment firm TPG, which has just pumped another $175 million into the company, Reuters reported today. Somewhat unusually for a round of this size, the money won’t be going directly into the company’s coffers, but will instead ...
With new training academy, LinkedIn aims to overcome AI skills shortage
As artificial intelligence evolves to become a key component of most new software technologies, LinkedIn Corp. is hoping to address a growing problem facing many enterprises looking to extend their footprint in this area: the shortage of skilled workers. In a blog post today, Craig Martell, LinkedIn’s head of science and engineering, said AI is ...
Rackspace joins the Kubernetes party with its own managed container offering
Managed cloud computing specialist Rackspace Inc. is offering up its expertise to help enterprises get up and running with software containers. The company today announced a new offering called Rackspace Kubernetes-as-a-Service, based on the popular software that’s used to manage deployments of multiple software containers. Rackspace believes it’s entering the market at just the right ...
In-memory database company MemSQL lands $30M in late-stage funding round
MemSQL Inc., the developer of a real-time in-memory distributed database, said Tuesday that it has closed on a $30 million late-stage round of funding. The Series D round was led by GV, formerly Google Ventures, which is the venture capital investment arm of Google Inc.’s parent company Alphabet Inc. Glynn Capital and existing investors Accell, Caffeinated Capital, ...