Page 24 - Databricks Inc News Today

API security startup Traceable partners with Silicon Valley CISO Investments SHARE Application programming interface security startup Traceable Inc. today announced a strategic partnership with Silicon Valley CISO Investments, an angel syndicate of 55 practicing chief information security officers. The amount of the funding, about $250,000 is less important than what the company calls “social equity” from the involvement of the CISOs providing not only capital bu...

SHARE Fresh off a $100 million venture capital infusion that vaulted it to unicorn status, Starburst Data Inc. today announced a managed version of its analytics platform based on the Presto distributed database management system. Starburst Galaxy combines cloud-native features such as rapid deployment and massive scalability with high-powered security features that include multifactor authentication, fine-grained access controls and detailed security audits. The product is functionally identic...

SHARE In our 2020 Enterprise Technology Predictions post, we said that organizations would slow down experimentation this year and begin to operationalize their digital transformation proof-of-concepts. We also said that, based on spending data, cybersecurity companies such as CrowdStrike Holdings Inc. and Okta Inc. were poised to rise above the rest in 2020 along with an accelerated pace of cloud migrations. And we said the S&P 500 would surpass 3700 in 2020. Little did we know that a pandem...

Sizzling US stock markets await next leg of record IPO run in 2021 The rush looks set to continue, with an array of companies already preparing for market debuts in the new year (Bloomberg) . Updated: 31 Dec 2020, 06:21 PM IST Bloomberg Around $180 billion was raised from IPOs on US exchanges in 2020, more than double last year’s total Instead of jetting between cities to meet investors, executives and their advisers have been able pitch to potential shareholders via conference calls Share...

SHARE SAP SE today filed paperwork with the Securities and Exchange Commission for an initial public offering of its Qualtrics subsidiary that values it at between $20 and $24 per share, or about $12 billion to $14.4 billion. The pricing is preliminary and the amount of stock to be sold has not been specified. SAP, which announced it was planning the spinoff in July, said Morgan Stanley and JP Morgan are the lead underwriters for the offering, and that Qualtrics will trade on the Nasdaq index u...

Process automation startup UiPath files for IPO expected in the first half of 2021 SHARE Fast-growing robotic process automation startup UiPath Inc. is setting its sights on Wall Street after filing confidential paperwork for an initial public offering that will likely come in the first half of 2021. UiPath hasn’t yet determined a price for the offering, but Bloomberg, which first reported the news today, speculated it could put the company’s value at more than $2...

SHARE Arm Ltd., whose chip designs can be found in everything from smartphones to data centers, will move most of the electronic design automation applications used by its engineers to Amazon Web Services Inc.’s cloud platform. The project was detailed by AWS this morning.  Modern processors contain billions of transistors organized into logic gates, which are in turn organized into more complex components such as caches and artificial intelligence accelerators. It’s impossible for chip en...