Maria Deutscher
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Armed with $36M, LiDAR startup Luminar takes on the self-driving car market
Competition in the emerging self-driving car segment focuses in large part on the sensory equipment that allows vehicles to understand their surroundings. One of the newest contenders is Luminar Technologies Inc., a startup led by 22-year-old physicist Austin Russell that has raised $36 million in funding. Russell and his team hit the scene today after ...
GoTenna raises $7.5M for its off-grid communications devices
Carriers are constantly working to improve the range and quality of their wireless coverage, but many areas still lack reliable network access. In such locations, there’s a need for alternative communications options that a Brooklyn-based startup called goTenna Inc. is working to address. Its mission has attracted a $7.5 million investment today from Union Square Ventures, ...
Mark Shuttleworth to retake the helm at Canonical amid reported layoffs
Seven years after stepping down as chief executive of Canonical Ltd., founder Mark Shuttleworth is returning to the helm. He’s taking over the reins from Jane Silber, who has been with the Linux software distributor through practically its entire its 13-year history and had served as chief operating officer until assuming the top post in ...
Microsoft debuts tools aimed at luring companies to its public cloud
Amazon.com Inc. isn’t the only cloud provider that is working on making it easier for companies to switch from competing products to its platform. Microsoft Corp., the firm’s top rival in the base-level infrastructure-as-a-service segment of cloud computing, today introduced new resources that aim to streamline the onboarding process for Azure adopters. The most significant ...
VMware buys Sequoia-backed monitoring startup Wavefront
Less than a year after acquiring a partner called Arkin Net Inc. to bolster its network monitoring capabilities, VMware Inc. has made another strategic purchase in infrastructure tracking. The virtualization giant today announced that it’s buying Wavefront Inc., a four-year-old startup that focuses on helping companies gain insight into their cloud applications. It has picked ...
Qualtrics reels in $180M to help companies gather better feedback
Companies have access to a variety of analytics tools that can help them better understand their target audiences, but often the best means of finding out what’s on a user’s mind is simply to ask them. Qualtrics Inc. has spent the last 15 years trying to perfect the process. The Utah-based firm made headlines today ...
Databricks makes Spark projects easier to manage
Analytics professionals are increasingly relying on the cloud as part of their work. Databricks Inc. is stepping up its efforts to capitalize on this trend today by launching a new edition of its data processing service that aims to reduce the amount of effort involved in number-crunching projects. More specifically, the offering is designed to ...
Pure Storage introduces powerful new flash memory array
Against the backdrop of a top competitor securing $33 million in fresh funding, Pure Storage Inc. is marking a milestone of its own over on the product front. The company today introduced a new system called the FlashArray//X that can provide twice as much bandwidth as its previous generation hardware while reducing latency by up ...
Flash memory array maker Tegile raises $33M in funding
Tegile Systems Inc. is making the most out of the investor interest in the flash storage market. The array maker today announced that it has raised $33 million in funding from Western Digital Corp., Meritech Capital and several other returning backers. Their decision to double down on their bets comes hot on the heels of ...
Microsoft, eBay lead $1.4B funding of Indian e-commerce phenom Flipkart
India’s booming online economy is attracting interest from tech companies the world over. Two of the biggest names that are working to establish a foothold in the country are Microsoft Corp. and eBay Inc., which today banded together to lead a $1.4 billion funding round into e-commerce powerhouse Flipkart Ltd. They were joined by China’s ...