Maria Deutscher
Latest from Maria Deutscher
Flash array startup Kaminario raises $75M in oversubscribed round
With International Data Corp. ranking all-flash systems as the fastest growing segment of the enterprise storage market, it’s no wonder that Kaminario Inc. has attracted investors’ attention. The array maker announced today that it has secured a hefty $75 million funding round led by Waterwood Group, a Hong Kong private equity firm that backs growth-stage ...
Matrix Partners leads $32M round for hybrid cloud storage developer Panzura
Infrastructure-as-a-service providers aren’t the only group that is capitalizing on the rapid adoption of cloud storage in the enterprise. The trend is also lifting the sails of management providers such as Panzura Inc. that focus on easing the transition from private data centers to cloud computing. To fuel its growth, the startup today announced it has ...
Microsoft and Qualcomm invest in Israeli startup foundry Team8
Major tech firms regularly fund startups with technology relevant to their market or strategic goals, but it’s much rarer to see an investment in a venture capital firm. As a result, Israeli security incubator Team8 attracted quite a bit of attention today after revealing that it has raised an undisclosed amount of financing from Microsoft ...
Citrix shifts to the cloud with new Azure-based virtual desktop services
Cloud computing is dominating the agenda at Citrix Systems Inc.’s annual partner summit today in Anaheim, California, as the desktop virtualization giant is unveiling services aimed at helping customers of its on-premises software switch to a more modern “as-a-service” model. At the center of the new services is XenDesktop Essentials, a platform for creating cloud-based ...
Atlassian shells out $425M to buy team collaboration service Trello
Atlassian Corp. Plc is kicking off the week with a big addition to its collaboration lineup. The Australian project management giant today announced that it’s acquiring Trello Inc., the startup behind the hugely popular task management service of the same name, for about $425 million. It will pay approximately $360 million in cash and $65 million ...
FinancialForce taps Salesforce.com veteran Tod Nielsen as CEO
After a strong year that saw its revenues rise more than 40 percent, FinancialForce Inc. is making some management changes in preparation for the next phase of its growth effort. The enterprise resource management provider today appointed experienced technology executive Tod Nielsen as chief executive. Nielsen joins FinancialForce from Salesforce.com Inc., its first and most ...
Bitglass raises $45M to help companies defend cloud data
The growing amount of data that companies keep in the cloud represents a major target for hackers, but such information can be difficult to protect since it’s hosted on remote hardware operated by third parties. To circumvent the problem, chief information officers are adopting specialized security tools from the likes of Bitglass Inc. The four-year-old startup ...
Namely closes $50M round to streamline HR for midsized companies
The investor enthusiasm around human relations startups that showed itself last year appears to have carried over to 2017. Namely Inc., a four-year-old provider of workforce management services, today revealed that it has closed a $50 million funding round by early Box Inc. backer Scale Venture Partners and Altimeter Capital. They were joined by several ...
Gartner buys analyst firm CEB for $3.3B to broaden research
Gartner Inc. is frequently cited in news articles about the IT industry for its commentary. Today, it became the news itself after announcing plans to acquire business advisory provider CEB Inc. for $3.3 billion. Excluding debt, the deal is worth approximately $2.6 billion in cash and stock, representing a 25 percent premium over the last closing price ...
Qlik buys location data firm Idevio to bolster its geospatial capabilities
Location data such as the distribution of a company’s offices should be more intuitive to visualize than cold business figures, but the task is difficult in practice due to the complexity of geospatial information. QlikTech International AB is moving to ease the challenge for users of its dashboarding software today by acquiring analytics provider Idevio ...