Maria Deutscher
Latest from Maria Deutscher
IBM reportedly close to clinching $1.6B outsourcing deal with Lloyds
IBM Corp.’s long-term ambitions revolve around growth areas such as cloud computing and analytics, but its battle-hardened professional services business remains a vital source of revenue. The Financial Times reported today that the division’s next major contribution could be a £1.3 billion ($1.58 billion) outsourcing deal with Britain’s Lloyds Banking Group plc. It cited a ...
Redpoint leads $8.3M round in Astro, which wants to bring chatbots to email
One of the main reasons Slack Technologies Inc.’s messaging service has become so popular is its support for chatbots, which can automate various day-to-day tasks. Astro Technology Inc., a startup that exited stealth mode on Thursday, is working to bring the same experience to email. Its efforts are supported by $8.3 million in funding from a ...
StatX raises $2.5M to help mobile workers always stay in the loop
Although it’s a fairly basic task in theory, staying on top of business updates can be a major hassle for workers because company data is usually spread across multiple systems. StatX Inc. sees an opportunity to change the situation. The Santa Clara, California-based startup hit the scene on Thursday with a mobile notification service designed ...
Well-connected networking startup Cradlepoint raises $89M
As the number of devices on the corporate network continues to rise, the traditional management tools that companies have historically used to handle their traffic are quickly becoming obsolete. One of the leading contenders to fill the gap is a Boise, Idaho-based firm called Cradlepoint Inc., which today secured a massive $89 million in funding to ...
IBM shrinks data storage to the atomic level in latest nanotech milestone
Among the numerous inventions that IBM Corp. has racked up over its more than centurylong history are DRAM memory chips, the disk drive and several other foundational components of modern data storage. On Wednesday, the company added another breakthrough to the list by revealing that it has managed to encode information into a single atom. ...
Conversion Logic nabs $9M to help brands understand what draws users
Figuring out how to best reach a certain audience requires brands to start from the basics. One of the top priorities is gaining visibility into the mediums where users first become exposed to a promotion, an often difficult task that Conversion Logic Inc. is tackling with machine learning technology. The startup’s efforts attracted a $9 million ...
Samsung, Qualcomm contribute to $16M round into database startup ScyllaDB
Establishing a foothold in a segment as competitive as the database industry can be difficult for an emerging player, but several of the world’s leading tech companies are betting that ScyllaDB Ltd. has a strong enough value proposition to pull it off. The startup today secured $16 million in funding from Samsung Electronics Co., Ltd., ...
AMD’s new 32-core Naples chip ups the ante against Intel
With more and more of its fellow chip makers starting to challenge Intel Corp.’s dominance of the server market, Advanced Micro Devices Inc. has decided to join the fray as well. The company today pulled back the curtains on an upcoming processor series that currently bears the internal code name of “Naples” and is based ...
In developer push, MongoDB debuts free tier of its managed database service
Less than a year after bringing its popular database to the cloud in the form of a service called Atlas, MongoDB Inc. is making the offering available at no charge. Elliot Horowitz, the company’s co-founder and chief technology officer, announced the launch of the new free tier in a blog post published today. It’s offered as a ...
Data streaming startup Confluent secures $50M round backed by Sequoia
Like so many of the other tasks involved in data analytics, aggregating records for processing can become incredibly difficult on a large scale. Confluent Inc. has convinced some of Silicon Valley’s top investors that it’s uniquely positioned to address the challenge. The three-year-old startup today announced it has secured $50 million in funding from Sequoia ...
