Duncan Riley
Latest from Duncan Riley
Shares in Rubrik Inc. jumped more than 18% in late trading today after the data security software provider impressed investors with strong earnings and revenue beats in its fiscal 2025 third quarter. It also forecast a better-than-expected outlook for both its fourth quarter and …
IoT cloud platform provider Samsara sees revenue growth, shares slide on guidance
Shares in Samsara Inc. fell nearly 10% in late trading today after the internet of things cloud platform provider reported fiscal 2025 third-quarter earnings and revenue beats but fell short of expectations on its revenue outlook for the fourth quarter. For the …
Elon Musk’s xAI raises $6B to scale up GPU infrastructure
Elon Musk’s artificial intelligence startup xAI Corp. announced today that it has raised $6 billion in new equity financing as the company seeks to expand its supercomputer facility even more to house at least 1 million graphics processing units. Reports that xAI …
Bitdefender enhances GravityZone XDR with new sensor for SaaS application security
Cybersecurity company S.C. Bitdefender SRL today announced enhancements to its GravityZone XDR platform with the addition of a new Business Applications sensor that protects corporate data hosted and stored in cloud-based productivity and collaboration platforms. The new sensor will initially provide support for Atlassian …
SurePath AI launches Discovery service to enhance enterprise generative AI oversight
Generative artificial intelligence governance startup SurePath AI Inc. today announced the launch of SurePath AI Discovery, a new offering that provides rapid visibility into employee use of public AI services. Announced at this week’s Amazon Web Services Inc.’s re:Invent 2024 conference in Las Vegas, …
Synopsys shares decline as fiscal 2025 outlook falls below analyst expectations
Shares of Synopsys Inc. fell more than 6% in late trading today after the electronic design automation company’s outlook fell short of expectations despite otherwise solid results in its fiscal fourth quarter. For the quarter that ended on Oct. 31, Synopsys reported adjusted …
SentinelOne shares fall 13% as loss expands despite revenue beat
Shares in SentinelOne Inc. were down around 13% in late trading today after the cybersecurity company reported a widening loss in its most recent quarter and gave a cautious outlook despite reporting beats in other core metrics in its fiscal 2025 third quarter. For …
Threat detection startup Tuskira launches with $28.5M from investors including Intel
Threat detection startup Tuskira today launched with an announcement that it has raised $28.5 million in funding to accelerate product innovation, expand integrations and refine its artificial intelligence technologies for seamless onboarding and improved cybersecurity outcomes. The company was founded by Piyush …
SurrealDB’s Surreal Cloud debuts on AWS S3 for scalable multimodel database as a service
Open-source database startup SurrealDB Inc. today announced the launch of Surreal Cloud, a database-as-a-service offering that gives enterprises access to a fully managed solution. It’s for developers who want to leverage the power and flexibility of SurrealDB without the complexities of managing infrastructure. Available on …
Cloud software firm ServiceTitan seeks to raise up to $502M in initial public offering
Cloud business software provider ServiceTitan Inc. today announced the launch of its initial public offering, with the company seeking to raise up to $502 million in an offering of 8.8 million shares priced between $52 and $57 each. Founded in 2012, ServiceTitan …