Maria Deutscher
Latest from Maria Deutscher
IBM says its latest breakthrough could dramatically improve deep learning speed
Processor technology has advanced so much in recent years that a device the size of a thumb drive can now be used to power a neural network. But companies often struggle to take full advantage of the computational power at their disposal because of a fundamental challenge in implementing large-scale artificial intelligence models. The issue has ...
Sherpa raises $5.5M to help enterprises broadcast video
Companies are increasingly using video to engage their audiences, a trend that Sherpa Digital Media Inc. perceives as a major revenue opportunity. The Redwood City, California-based startup has secured $5.5 million as part of a funding round announced today to capitalize on the growing role of multimedia content in the enterprise. Sherpa offers a platform that ...
Tesla is raising $1.5B in junk bonds to accelerate Model 3 production
With the number of preorders for the Model 3 now exceeding 400,000, Tesla Inc. must rapidly scale production if it wants to deliver the vehicles in an acceptable time frame. The car maker is turning to the junk bond market for help with financing the expansion. Tesla today announced plans to sell about $1.5 billion worth ...
Strong earnings send switch maker Arista’s shares soaring 19%
Companies are buying more hardware to accommodate the growing amounts of information that flow through their data centers, and Arista Networks Inc. is reaping the rewards. Shares of the firm, which sells programmable switches that can be customized and automated to streamline operations, soared more than 19 percent today after its second-quarter earnings reported Thursday. Arista brought ...
Former Wall Street executives raise $125M for new security startup
It’s not every day that a startup closes a nine-figure investment before even launching its website. Such is the appeal of cybersecurity startups today. BlueteamGlobal Inc., a newly established cybersecurity provider headed by veterans of the financial industry, hit the scene on Thursday with a hefty $125 million in funding. The startup stated in a ...
Heptio debuts two open-source tools for protecting Kubernetes clusters
Heptio Inc. exited stealth mode late last year with $8.5 million in funding to commercialize Kubernetes, the popular open-source framework for managing software containers. Ten months later, the startup is making two major contributions that could go a long way towards widening the project’s enterprise appeal. The first is Sonobuoy, a monitoring tool for checking that ...
Contract automation startup Ironclad raises $8M round led by Accel
While other parts of the enterprise are becoming increasingly automated, many legal departments still handle the administrative work involved in day-to-day operations manually. Ironclad Inc. is working to change that one contract at a time. The San Francisco-based startup’s efforts are supported by a newly closed $8 million funding round that was led by venture ...
Mozilla pilots three new Firefox tools, including an encrypted file-sharing service
Earlier this year, the Mozilla Foundation shut down its connected devices group as part of a move to shift resources from building commercial products to research and development. The latest fruits of the initiative are three experimental features for Firefox that became available on Tuesday. The first is a cloud-connected file sharing service called Send. ...
Branch Messenger’s bot-enabled shift work app attracts $6.8M investment
Managing staff schedules can be a hassle for retailers and other companies that rely heavily on hourly workers. According to Minneapolis-based Branch Messenger Inc., one way to ease the burden is by giving employees a direct say in when and where they take on shifts. The startup is putting the concept into practice with a self-service ...
Botmetric raises $3M to take on the cloud management market
As companies continue moving workloads to the cloud, the demand for tools that can ease the management of infrastructure as a service environments is rising in lockstep. One of the newest players is Botmetric LLC, which today said it has secured a $3 million funding round led by early-stage fund Blume Venture Associates. The startup has a ...
