Maria Deutscher
Latest from Maria Deutscher
Log cruncher Splunk sees revenue surge to $174.4 million in the third quarter
The continued rise in machine-generated data is putting a lot of wind behind the sails of Splunk Inc., which saw revenue jump a staggering 50 percent last quarter to $174.4 million on the back of more than 500 new customer wins across dozens of industries. The earnings handily beat both the company’s own internal guidance ...
Salesforce.com poaches Microsoft’s top CRM exec as relationship strains
Microsoft Corp. and Salesforce.com Inc. are no strangers to poaching from one another, but the rivalry has so far been mostly limited to customers. The fight escalated to the board room this week with the revelation that the former vice president of Redmond’s burgeoning customer relationship management business, Bob Stutz, has left to head up the ...
Salesforce.com on course to pass $8BN in annual revenue after steller Q3
Another quarter, another better-than-expected earnings report from Salesforce.com Inc., which managed to push its stock to a record high of $81.5 in after-hours trading yesterday that is still holding strong this morning. The price boost comes as a rare surprise for shareholders, who have grown accustomed to the software-as-a-service giant consistently delivering double-digit sales growth on ...
Google offers to foot migration costs for companies defecting to its cloud platform
The newest incentive Google Inc. is offering for companies to jump aboard its infrastructure-as-a-service platform is a complimentary migration service aimed at smoothing the transfer of existing workloads, a notoriously complicated, and by extension expensive, process. The search giant is outsourcing the logistics to a company called called CloudEndure Inc. through a freshly announced agreement that underscores its growing reliance ...
Israeli startup promises unbreakable encryption for the Internet of Things
Even the most advanced cryptography can theoretically be cracked with enough time and processing power, but that’s the least of an organization’s network protection worries. A much more tangible concern is the fact that conventional security protocols suffer from certain design flaws that hackers are potentially able to exploit in order to simply bypass their encryption, ...
Amazon is setting up shop in a classified U.S. intel facility
It appears that the CIA isn’t the only member of the U.S. intelligence community to have taken an interest in Amazon Web Services (AWS). Two years after landing a massive $600 million contract from the spy agency to take over its infrastructure operations, Jeff Bezos’s firm has received an equally unprecedented tax break to set up shop on ...
Docker launches a unified DevOps service for container clusters
Docker Inc. hopes to bridge the gap between the developers and operations professionals using its namesake container engine with a new paid service that offers to centralize application management in a unified interface. It’s meant to fill a role analogous to VMware Inc.’s vSphere in traditional virtual infrastructure but bears a much closer resemblance to ...
EMC doubles down on the public cloud in data protection push
While VMware Inc. is reportedly scaling back the development of new features for its infrastructure-as-a-service platform, parent company EMC Corp. is doing the exact opposite and expanding its footprint in the public cloud with a major update to its data protection portfolio. The main highlight is a new iteration of the FAST.X tiering service that enables administrators to move information off-premise ...
What do Salesforce.com and DARPA have in common? A little startup called Cogito
Salesforce.com Inc. has joined the Defense Advanced Research Projects Agency on Cogito Corp.’s exclusive list of backers through a newly announced financing round that saw its prolific private equity arm combine forces with Romulus Capital to buy a $5.5 million equity stake. The funds from the investment will enable the startup to ramp up marketing ...
Investors shower $20 million on ProtectWise’s cloud-based network security service
A mere seven months after announcing its first round, ProtectWise Inc. has received another $20 million from Tola Capital LLC and all four of its existing backers in a follow-up investment that tops off a historic financing streak for the enterprise security space. The new funds will help maintain its head start over all the ...
