Maria Deutscher
Latest from Maria Deutscher
Distil Networks raises $21M to fight bad bots
Most of the startups that include the word “bot” in their mission statements nowadays focus on chat-based artificial intelligence, but Distil Networks Inc. is different. The outfit develops software for protecting websites from automated attacks and other non-human threats that has helped it attract $21 million in venture funding this morning. The investment saw the ...
Verizon shells out $2.4BN for Fleetmatics to boost its connected car business
As demand for traditional landline services continues to falter, carriers like Verizon Communications Inc. are expanding into new markets with more promising growth prospects. The company stepped up its efforts today by entering an agreement to acquire vehicle management specialist Fleetmatics Group PLC for roughly $2.4 billion in cash. The sum breaks down to $60 ...
What you missed in Big Data: VCs continue investing in analytics
Venture capital is continuing to flow into the analytics space as organizations find more and more applications for their information. There’s especially strong interest in the data coming off the connected universe, enthusiasm that FogHorn Systems Inc. harnessed last week to secure $12.5 million in additional funding. The capital will help the startup widen the ...
What you missed in Cloud: File sharing giants duke it out
The top cloud storage providers are aggressively expanding their feature sets in a bid to better accommodate the growing amounts of data that companies are moving off-premise. Last week, Dropbox Inc. set the pace by introducing team folders for its historically consumer-focused service to ease the sharing of business information. Access to a team folder ...
Microsoft will lay off 2,850 more workers in a fresh round of cuts
Though Microsoft Corp. handily beat revenue and profit expectations last quarter, Chief Executive Satya Nadella believes that some cutbacks are still needed. An SEC filing submitted by the software giant this week revealed that it’s planning to eliminate 2,850 positions worldwide.in a bid to free up underutilized resources. A Redmond spokesperson told the press that ...
Oracle buys NetSuite for $9.3BN to bolster its cloud business
Oracle today agreed to buy software-as-a-service giant NetSuite for $9.3 billion.
Mesos 1.0 brings a new container runtime and more third party integrations
The first round number release of Apache Mesos launched into general availability this morning with a slew of new features for data center operators. The arguably most notable addition is a “unified containerizer” that provides the ability to centrally provision Docker, rkt and appc instances. Removing the need to use each technology’s native runtime provides ...
LogMeIn is merging with Citrix’s GoTo collaboration spin-off in a $1.8BN deal
It looks like the software-as-a-service market will soon have a new power player to reckon with. Remote desktop access giant LogMeIn Inc. announced this week that it’s merging with Citrix Systems Inc.’s collaboration business in an all-stock deal worth $1.8 billion. The combined company is expected to generate annual revenue of over $1 billion. The news comes ...
Industrial group led by GE invests $12M in edge analytics startup FogHorn
Organizations are rapidly expanding their analytics infrastructure to accommodate the growing amounts of machine-generated data pouring into their networks. And since the connected universe is largely unfamiliar territory, they’re seeking out the help of providers like FogHorn Systems Inc., which closed $12 million in funding this morning to capitalize on the trend. Three of the ...
LinkedIn scoops up Chicago’s PointDrive after using its sales tool for a year
For a startup that has only been around since 2013 and raised no significant outside funding, PointDrive LLC is quite the overachiever. The Chicago-based outfit announced today that it’s been acquired by LinkedIn Inc. after a year of serving as a software supplier for its sales force. The social networking giant has been using PointDrive’s namesake ...
