Paul Gillin
Latest from Paul Gillin
Veridium reels in $16.5M for biometric tech that captures four fingerprints at once
Biometric authentication specialist Veridium Ltd. today said it closed a funding round of $16.5 million led by British entrepreneur and philanthropist, Michael Spencer, who reportedly provided $14.2 million of the total. The Quincy, Massachusetts-based firm said it will use the funds from the Series B round to accelerate development of its multifactor authentication platform and grow ...
Virtual Instruments simulates cloud migrations to identify gotchas before they become problems
Infrastructure performance management firm Virtual Instruments Inc. is applying its technology to cloud migration with a new service that helps organizations simulate the experience of moving their applications to cloud infrastructure platforms, so they can identify performance and dependency issues before they become problems. Cloud Migration Readiness is intended to help customers avoid unpleasant surprises when shifting workloads ...
MapR updates its data platform for better support of AI and analytics processing
MapR Technologies Inc. today is rolling out major updates to its core data platform. Together, the updates are aimed at speeding up the development and deployment of automated analytics, improving developer and data scientist productivity, boosting security and improving storage options. MapR’s stock in trade is what it calls a “converged data platform,” which supports ...
The Trade Desk brings machine learning to programmatic ad buying
Advertising technology firm The Trade Desk Inc. is releasing a new set of machine learning-based tools that marketers and advertising buyers can use to plan and schedule campaigns to a greater degree of precision than the company said has ever been possible before. Headed by the founder of AdECN Inc., which was the world’s first ...
Shares of open-source giant Red Hat pounded on weaker outlook
Updated Friday: Red Hat Inc. stock plummeted in after-hours trading after the open-source software giant offered a weaker outlook than analysts had anticipated. In the quarter just ended, the company exceeded analysts’ expectations with a profit of 72 cents per share, better than consensus estimates of 68 cents. Revenues rose 20 percent, to $814 million, ...
Teradata sues SAP, alleging trade secret theft
The nearly decade-long romance between data warehousing vendor Teradata Corp. and SAP SE has ended in divorce. Teradata Tuesday filed suit against the enterprise resource planning giant in the U.S. District Court for the Northern District of California, accusing SAP of taking advantage of a 2008 partnership between the two companies to steal Teradata trade ...
Immuta bags $20M for its AI development platform with compliance baked in
Artificial intelligence platform vendor Immuta Inc. said today it has raised $20 million to build and sell its data access platform optimized for artificial intelligence model development in regulated environments. The Series B round brings the company’s total funding to $29.5 million. It raised an $8 million Series A round last year. The new funding round was led by DFJ Growth ...
Oracle’s cloud transition still isn’t lifting financial results, and its stock drops
Updated: Having once talked about being a cloud computing leader, Oracle Corp. now increasingly looks like a company that appears to be resigned to a slow-growth strategy focused mainly on its installed base. In its fiscal fourth quarter announced today, Oracle’s closely watched cloud services and license support revenues climbed a modest 8 percent from a year ago. And overall license ...
Red Hat eyes digital transformation craze with reworked business process management suite
Red Hat, Inc. today enhanced and repositioned its business process management offering to take advantage of the digital transformation craze, renaming the former JBoss BPM suite Red Hat Process Automation Manager 7 and giving it a cloud-native and process-centric spin. BPM is a continuous monitoring and optimization discipline that looks at business processes and finds ways ...
DEEP DIVE
In this converted Army barracks, startups are building the future of construction
Matt Hirsch and Tom Baran have an idea that they think could revolutionize everything from the minting of money to the printing of diaper packages. The two MIT Ph.D.s have developed a way to create high-quality digital images that resemble three-dimensional holograms using consumer-grade inkjet printers. Holographic printers cost thousands of dollars and can output ...