Maria Deutscher
Latest from Maria Deutscher
Deep learning startup Skymind bags $3M to help companies build better AIs
Artificial intelligence startups are emerging as a magnet for venture capital investment. Today, it was the San Francisco-based Skymind Inc. that took the spotlight after raising $3 million in funding from Chinese web giant Tencent Holdings Ltd., Y Combinator and three other early-stage backers. The group joins an already impressive list of investors that includes ...
SAP to invest $2.2B to expand its Internet of Things business
With Gartner Inc. expecting enterprise investment in connected devices and related technologies to reach $1.4 trillion per year by 2020, it’s no surprise that information technology vendors are so enthusiastic about the trend. SAP SE became the latest to join the fray today by announcing that it will spend €2 billion ($2.2 billion) over the ...
ProsperWorks bags $24M to fill Google Apps’ CRM gap
While it has emerged as a serious contender to Microsoft Corp. in cloud-based productivity software, Google still lacks many of the features provided by its rival. But the search giant has a broad network of partners working to fill the gaps. Among them is ProsperWorks Inc., which raised $24 million today for its customer relationship ...
Pentaho doubles down on Hadoop and Spark
Large-scale analytics projects tend to incorporate numerous different components that must work seamlessly with one another for the combined whole to operate smoothly. As a result, data management vendors place a big emphasis on making their software interoperable with third party tools. Pentaho is doubling down today by adding enhanced support for several key technologies ...
Podium Data raises $9.5M to make Hadoop-based data lakes a reality
Consolidating an organization’s disparate data management systems into one centralized repository can theoretically ease processing, but the approach has proven difficult to implement in practice. One of the vendors trying to remedy the situation is a Massachusetts-based startup called Podium Data Inc. that raised $9.5 million today to fuel its work. The funding was led ...
What you missed in Big Data: AI continues to gain momentum
Artificial intelligence technology is finding its way to every corner of the modern enterprise. Last week Google set out to help organizations embrace the trend faster by acquiring a startup called API.AI Inc. that has developed a cloud-based chatbot builder. The platform provides pre-packaged communications modules, a repository of encyclopedic data and other components that ...
What you missed in Cloud: Big plans and deep pockets
Traditional information technology vendors are investing heavily to try and address the growing adoption of cloud computing in the enterprise. Last week, Oracle Corp. stepped up its efforts by launching a new iteration of its infrastructure-as-a-service platform that promises to provide a competitive alternative to market leader Amazon Web Services. The database giant hopes to ...
Reports: Twitter in acquisition talks with Salesforce, Google and others
After years of buyout rumors, Twitter Inc. has been approached by several potential buyers and may receive a formal acquisition bid before long, according to a CNBC report. Anonymous insiders who leaked the news to the channel said Software as a Service (SaaS) giant Salesforce.com Inc. and Google Inc. parent Alphabet Inc. are among the ...
Cisco partners with Salesforce.com to take on Slack, Internet of Things
Three months after teaming up with IBM Corp. to deliver new communications functionality for customers, Cisco Systems Inc. has nabbed another key ally. The networking giant today announced a partnership with Salesforce.com Inc. that will similarly focus on helping users of the two companies’ products collaborate more effectively. As part of the effort, Cisco intends ...
Battery Ventures leads $16M round into time-series DB startup InfluxData
The unstructured nature of the data generated by the connected universe is only one of the operational challenges that make analyzing it so difficult. There’s also the fact that a lot of machine-generated logs must be organized based on the order of their creation to make them useful, a task InfluxData Inc. is working to ...