Paul Gillin
Latest from Paul Gillin
Zoho Corp., which develops a wide range of business productivity applications delivered as a service, today updated its low-code Zoho Creator Platform with features intended to support a broader range of uses. Zoho, which claims its low-code suite enables deployment up to …
Snowflake shares clobbered on weak sales guidance
Shares of cloud data warehousing company Snowflake Inc. were hammered in after-hours trading after the company reported revenue and profit for the fourth quarter that beat analysts’ estimates but issued guidance that pointed to a slowdown in its torrid growth rate. The fourth-quarter …
Ukrainian tech leaders defiant in the face of Russian onslaught
A few employees of VRnetio OU, a developer of virtual software for the real estate industry, spent last weekend filling empty bottles with gasoline for use as Molotov cocktails. “It would demoralize our army if businesspeople started to run away,” said Chief …
Dremio unveils ‘forever free’ tools for data lake analytics
Dremio Corp., developer of an SQL query engine that works on the semistructured data repositories called data lakes, is kicking off its Subsurface conference today with what it says is the most significant set of new and updated products in its history …
Connecteam pockets $120M to connect ‘deskless’ workers
Connecteam, a startup that provides technology to connect “deskless” employees, today announced a new $120 million funding round that brings its total cash raised to $160 million. The Tel Aviv-based firm said it will use the Series C funding to grow its …
VMware beats profit estimates but weak guidance sends shares down
VMWare Inc. reported fiscal fourth-quarter revenues that met analysts’ estimates and higher-than-expected profit along thanks to strong growth in its software-as-a-service and subscription offerings. However, the computer virtualization giant’s forecast for the first quarter of fiscal 2023 disappointed analysts and sent the …
Redpanda raises $50M to modernize stream processing
Redpanda Data Inc., creator of a streaming data platform aimed at the software developers, today announced it has raised $50 million in a new funding round, bringing its total funding to $76 million. The three-year-old company’s product is a drop-in replacement for …
Ahana fortifies Presto data lake security
Ahana Cloud Inc., which sells commercial and managed versions of the Presto open-source distributed query engine, today announced what it says are significantly improved security features on its cloud service, including multi-user support, fine-grained access controls for data lakes with Apache Ranger and …
Today’s Dell rollout aimed at speeding adoption of open telecom standards
Dell Technologies Inc. today introduced new telecommunications products and services aimed at boosting open telecom standards and helping communications service providers build open cloud-native networks. Dell said it’s aiming to remove complexity while quickening the pace of network deployments based on open …
Informatica CEO says stock drop is a mystery as fundamentals are strong
The day after his company’s stock dropped nearly 30% on financial results that exceeded analysts’ revenue forecasts but slightly undershot earnings estimates, the chief executive of Informatica Inc. expressed bewilderment at the market’s reaction. “It’s a head-scratcher for me,” said Amit Walia …