Paul Gillin
Latest from Paul Gillin
MapR pins hopes on single investor as rescue deadline passes
MapR Technologies Inc. missed a self-imposed July 3 deadline to secure new funding or find a buyer, but said it’s continuing discussions with a potential funding source that could keep the big-data company in business. “MapR is making meaningful progress toward a strategic transaction,” David H. Greenberg, vice president or legal at MapR, said in a ...
Report sees peril in cybercriminals’ looming use of AI
A new report this week by anti-malware vendor Malwarebytes Inc. paints an ominous picture of the potential impact of artificial intelligence technologies such as machine learning and deep learning once criminals have the skills and incentive to use them. That hasn’t happened yet, but the report’s authors suggest it could be as little as a year ...
Red Hat earnings should have future parent IBM smiling
It appears that Red Hat Inc. is going out in style. In what may be the company’s last earnings report as an independent entity, the open-source software vendor beat expectations on both revenue and earnings in its fiscal 2020 first quarter. Revenue rose nearly 15%, to $934.1 million, or about $2.5 million better than consensus ...
Unicorn sighting: Druva lands $130M for its cloud-native data protection service
Cloud data protection startup Druva Inc. today said it has raised $130 million in new investment, bringing its total funding to $328 million and vaulting it into the ranks of “unicorns,” or startups with an estimated value of more than $1 billion. This is the seventh funding round for the company, which provides cloud-native backup and ...
HPE ups its hybrid cloud game with intelligent management and high-end storage array
Hewlett Packard Enterprise Co. is kicking off its annual Discover conference this week with a host of announcements aimed at moving its hybrid cloud initiative ahead and folding artificial intelligence into its infrastructure management offerings. Updates include the extension of current machine-learning-driven operations and composable infrastructure options across its portfolio, new workload-optimized infrastructure, a new ...
NetApp ports cloud tools to its hyperconverged platform to ease hybrid deployments
Continuing its diversification strategy beyond its storage legacy, NetApp Inc. today announced the availability of its NetApp Cloud Data Services on the hyperconverged appliance it introduced two years ago. The company said it’s also expanding the capabilities of its cloud management platform to enable customers to stretch persistent storage across public clouds and better control the ...
MapR extends deadline to raise money for continued operations
MapR Technologies Inc. has extended its deadline to July 3 to secure new funding or find a buyer. The company had previously said it would “cease operations and close the Santa Clara headquarters” by June 14 if it couldn’t raise funds. In a statement today, MapR said it “continues to work diligently on a strategic ...
Raising $11M, Edgewise boils complex network segmentation down to a single click
Edgewise Networks Inc. said today it has raised $11 million in venture funding and also launched a new platform that it claims can radically shorten the time needed to create and manage “zero-trust” security environments using an increasingly popular network security technique called microsegmentation. The Massachusetts company, which emerged from stealth mode nearly two years ago, said ...
BREAKING NEWS ANALYSIS
Salesforce to buy Tableau for $15.7B as analytics market consolidation accelerates
Customer relationship management giant Salesforce.com Inc. early today said it’s buying Tableau Inc. in a blockbuster all-stock deal valued at $15.7 billion. The news comes just four days after Google LLC announced plans to acquire Tableau rival Looker Data Sciences Inc. for $2.6 billion. The deals signal a new front in intensifying competition among various ...
BREAKING NEWS ANALYSIS
Google’s Looker purchase opens new front in cloud computing wars
Google LLC is making its largest acquisition in the public cloud market with the intended purchase of business intelligence firm Looker Data Sciences Inc. for $2.6 billion in an all-cash transaction announced this morning. The deal has the potential to help jumpstart Google’s efforts to compete better with much bigger public cloud leaders Amazon Web Services ...
