Maria Deutscher
Latest from Maria Deutscher
Cato Networks raises $30M to move enterprise WANs to the cloud
Like so many other on-premise systems, networking gear is being replaced with cloud services that promise to lower costs and ease management operations. One of the providers driving the trend is an Israeli startup called Cato Networks Inc. that raised $40 million in funding this morning to fuel its work. The firm runs a hosted ...
Y Combinator graduate GitLab raises $20M for its developer software
The fast-growing developer interest in GitLab Inc. and its namesake code hosting platform has not gone unnoticed by the investment community. August Capital, an early backer of several prominent tech firms including Splunk Inc., today led a $20 million funding round into the startup with the help of existing investors Y Combinator and Khosla Ventures. ...
Dell sells off EMC’s content management division for $1.62B
Days after announcing plans to lay off 3,000 workers from EMC to reduce operating expenses, Dell Technologies Inc. is making another big reduction at its newly acquired storage subsidiary. The vendor today entered an agreement to sell the Enterprise Content Division (EDC) to Canadian software giant OpenText Corp. for $1.62 billion. While business units that find ...
HP buys Samsung’s printing business to ‘disrupt’ copier market
After seeing its printer revenues fall in double digits for several quarters in a row, HP Inc. is finally taking action to curb the decline. The company today announced that it’s acquiring the A3 printing business of Samsung Electronics Co. Ltd. in a $1.05 billion deal that is set to buy it more than 6,500 patents ...
Nimble Storage goes “app-centric” with new management features
Balancing different workloads’ capacity requirements is about to become much easier for Nimble Storage Inc. customers. The flash array maker today introduced a set of “app-centric” management features that promise to help avoid situations where a virtual machine eats up too many resources and compromises the performance of its neighbors. Such incidents tend to occur ...
What you missed in Big Data: AI-generated insights
As more and more organizations start harnessing artificial intelligence in their analytics projects, the vendor community is stepping up its efforts to address the trend. IBM led the charge last week by adding a new model to its Power LC server line that is specifically geared towards running machine learning algorithms. The two-socket server is ...
What you missed in Cloud: Bright prospects
Acquisitions continue to reshape the cloud ecosystem. Last week saw Google set the pace by entering into a $625 million agreement to buy Apigee Inc., a publicly-traded provider of API management services. The outfit’s flagship offering is a managed platform called Apigee Edge that makes it possible to closely regulate how users interact with a ...
IPO thaw? Cloud software company Coupa files $75M offer
Tech IPOs are slowly but surely starting to make a resurgence. Less than three weeks after advertising automation specialist The Trade Desk Inc. filed for a public offering, Coupa Inc. is following suit and starting its own journey towards the stock market. The company’s Securities and Exchange Commission paperwork states that it’s planning to trade ...
Report: Intel has quietly bought chip startup Soft Machines for $250M
Growing competition in the chip market is driving Intel Corp. to aggressively hunt for new technologies that can help maintain its leadership position. According a tipster who recently spoke with The Register, the vendor has secretly acquired a startup called Soft Machines Inc. as part of the effort in a deal worth about $250 million. ...
Zenedge raises $6.2 million for its AI-powered firewall
As hackers continue to improve their methods, organizations are swapping traditional security software for more modern products that can provide better protection against attacks. A Florida-based startup called Zenedge LLC raised $6.2 million in funding today to try and capitalize on the trend with its namesake web application firewall. The hosted system uses patent-pending artificial intelligence technology ...