Mike Wheatley
Latest from Mike Wheatley
Rainforest QA lands $25M funding round to expand its human software testing platform
Software testing provider Rainforest QA Inc. is gearing up for expansion after landing a $25 million round of funding. The Series B round was led by SVB Capital, with participation from Bessemer Venture Partners, Sutter Hill Capital, Rincon Ventures and Initialized Capital, bringing the firm’s total funding to $41.2 million to date. Rainforest QA is ...
Megadeals propel venture capital investments to record high in 2017
The amount of money invested into startups hit a new annual high in 2017 as venture capital firms made big bets on emerging technologies such as artificial intelligence and automotive systems. KPMG Enterprise, a subsidiary of KPMG Services Pte. Ltd., said in its Q4 Venture Pulse report released today that $46 billion was invested in ...
Intel asks users to hold off patching Meltdown and Spectre security bugs
Intel Corp. has told its hardware and software partners to stop distributing a security patch intended to fix the Meltdown and Spectre bugs that affect the majority of computers using its processor chips. The chipmaker began rolling out the fix in December, even before news of the bugs was leaked. However, users have reported side ...
Portworx teams up with HPE to accelerate container workloads
Software container company Portworx Inc. is teaming up with Hewlett-Packard Enterprise Co. on a new approach to deploying and scaling containerized workloads faster. Portworx said in its pitch Thursday that the rise of on-demand applications such as ride-hailing apps is fueling a demand for cloud-native and container-based frameworks that can scale to meet growing performance requirements. Software ...
Enterprises say big data analytics and AI are their top IT priorities for 2018
Analyst firm 451 Research Inc. has dug up some interesting tidbits about how enterprises are embracing emerging technologies in its inaugural Voice of the Enterprise Digital Pulse survey released late last week. The finding with the biggest potential implications is that 60 percent of enterprises say they’ll be running the majority of their information technology ...
IBM expands AI partnership with Salesforce
IBM Corp. and Salesforce.com Inc. are expanding their partnership on all things artificial intelligence by integrating Big Blue’s Cloud and Watson services with the Salesforce’s Quip and Service Cloud Einstein products. The company’s alliance was struck last March, when the pair announced they’d be integrating Watson with Salesforce’s relatively newer Einstein AI tech. At the ...
VMware makes its NSX network virtualization platform more accessible in new release
VMware Inc. updated its NSX network virtualization software platform Thursday to a new version that’s more accessible via one of its core services. The 6.4 release is an important one for VMware, which has previously stated its belief network virtualization has the potential to become even bigger than its bread-and-butter technology, server virtualization. VMware has ...
John Chambers’ new venture firm bets on insects as ‘the lobsters of the future’
John Chambers, the former chief executive officer of Cisco Systems Inc., plans to spend his golden years scouting out promising startups after creating a new venture capital firm. The new firm, JC2 Ventures, has been formed with Chambers’ son John J. Chambers and former Cisco executive communications manager Shannon Pina. JC2 Ventures, like many similar ...
Microsoft builds an AI-based bot that draws beautiful images from text
Pictionary is a pretty simple game for humans, who are challenged to draw a picture based on the cue card they receive. Now, thanks to Microsoft Corp., the game is no longer that difficult for computers either. Microsoft said today it has developed a new artificial intelligence-based bot that can draw images based on text ...
Indico raises $4M for its ‘transfer learning’ AI technology, which requires less data
Machine learning startup Indico Data Solutions Inc. has just been handed $4 million for its effort to upend the nascent world of artificial intelligence. The seed funding round was led by Osage Venture Partners, with participation from existing investors .406 Ventures, Boston Seed, and Hyperplane. Boston-based Indico aims to make machine learning more accessible to the masses ...