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Tech shares set fresh records despite uncertain economy
Earnings should help determine whether the latest rally is real Alex Wilhelm 8 hours Despite record-setting COVID-19 infections, American equities rose today. All major indices gained ground during regular trading, while tech stocks did even better.The Nasdaq Composite set new 52-week and all-time highs, touching 10,462.0 points before closing at 10,433.65, up 2.21% More
Vendia raises $5.1M for its multicloud serverless platform
When the inventor of AWS Lambda, Tim Wagner, and the former head of blockchain at AWS, Shruthi Rao, co-found a startup, it’s probably worth paying attention. Vendia, as the new venture is called, combines the best of serverless and blockchain to help build a truly multicloud serverless platform for better More
SEC filing indicates big data provider Palantir is raising $961M,
Palantir, the sometimes controversial, but always secretive, big data and analytics provider that works with governments and other public and private organizations to power national security, health and a variety of other services, has reportedly been eyeing up a public listing this autumn. But in the meantime it’s also continuing More
QuestDB nabs $2.3M seed to build open source time series
QuestDB, a member of the Y Combinator summer 2020 cohort, is building an open source time series database with speed top of mind. Today the startup announced a $2.3 million seed round.Episode1 Ventures led the round with assistance from Seedcamp, 7percent Ventures, YCombinator, Kima Ventures and several unnamed angel investors.The More
Fivetran snares $100M Series C on $1.2B valuation for data
A big problem for companies these days is finding ways to connect to various data sources to their data repositories, and Fivetran is a startup with a solution to solve that very problem. No surprise then that even during a pandemic, the company announced today that it has raised $100 More
CodeGuru, AWS’s AI code reviewer and performance profiler, is now
AWS today announced that CodeGuru, a set of tools that use machine learning to automatically review code for bugs and suggest potential optimizations, is now generally available. The tool launched into preview at AWS re:Invent last December.CodeGuru consists of two tools, Reviewer and Profiler, and those names pretty much describe More