Maria Deutscher
Latest from Maria Deutscher
Microsoft adds new long-term data storage tier to Azure
Microsoft Corp. is making it easier to keep data on its Azure cloud for extended periods of time. Today the technology giant introduced a new storage tier for the cloud platform that provides an affordable way of archiving information. Dubbed Archive Blob Storage, it targets companies that seek to reliably store large volumes of low-priority ...
Lumity’s employee benefits platform attracts $19M in funding
Lumity Inc. is using analytics to change how companies deliver employee benefits. Today, the three-year-old startup announced that it has raised $19 million from Draper Fisher Jurvetson, Social+Capital Partnership and True Ventures to take this data-driven approach mainstream. Lumity offers a cloud-based platform designed to fill the knowledge gaps that normally make managing employee insurance ...
Software-defined networking pioneers’ startup raises $16M to tackle outages
An erroneous change to a company’s network can cause major operational disruptions, which is why administrators usually take great pains to validate updates before rolling them out. It’s a difficult task that Forward Networks Inc. is working to simplify using math. The startup is supported by $16 million in newly raised funding from Draper Fisher ...
Google rolls out a new Chrome OS bundle for enterprises
Google Inc. is looking to make Chrome OS more widespread in the enterprise. To that end, the company has today introduced a new service that enables companies to centrally manage employee devices running the operating system. It’s dubbed Chrome Enterprise and costs $50 per device per year. The offering is a successor to the Chromebooks for Work ...
Microsoft and Red Hat deepen their alliance with a focus on containers
Microsoft Corp. and Red Hat Inc. are joining forces to make it easier for companies to adopt containers, the portable software wrappers for applications so they can run in multiple computers in the cloud. The collaboration, which was made public today, expands upon the partnership that the two tech giants had struck in 2015 to turn ...
Cloud-based backup provider Druva lands $80M round
As the amount of information that companies generate continues to increase, so does the need for data protection. Druva Inc. is cashing in on that demand. The company, which sells cloud-based services for backing up and managing corporate files, today announced that it has closed a hefty $80 million funding round led by Riverwood Capital. ...
Skytap raises $45M to lure enterprises away from Amazon Web Services
Despite the intense competition in the cloud market, several top investors are betting that a relatively small player called Skytap Inc. will secure a slice of the pie. The Seattle-based company today announced that it has closed a $45 million funding round led by Goldman Sachs Group Inc. The investment is meant to help widen the adoption ...
Sigstr raises $5M to turn email signatures into a marketing tool
Companies make extensive use of email as part of their marketing efforts. But they’re not realizing the medium’s full potential, according to Indianapolis-based Sigstr Inc. The startup is pioneering a unique approach to email marketing that helped it attract $5 million in funding from Hyde Park Venture Partners, Battery Ventures and several other notable investors today. Sigstr’s value ...
Cisco to acquire key software partner Springpath for $320M
Three months after picking up artificial intelligence startup MindMeld Inc. for $125 million, Cisco Systems Inc. has inked another nine-figure acquisition. The networking giant plans to shell out $320 million to buy Springpath Inc., a firm that develops software for hyperconverged systems. It’s Cisco’s fifth acquisition of the year, and arguably the least surprising. Rumors about ...
Study: Venture activity is rebounding, but at a cost to VCs
The venture capital ecosystem is continuing its recovery from the 2016 slump at a steady pace, but the past quarter has brought a mixed bag of developments. That’s the conclusion from a recently released study by Fenwick & West LLP, a prominent law firm serving the tech industry. First, the good news: The total amount of ...
