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Maureen O'Gara

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Top Stories by Maureen O'Gara

SaaS-based application performance monitoring start-up New Relic, which has already raised $34.5 million in venture capital, has gotten a whopping $80 million in mezzanine financing to move into native mobile applications, open an office in Europe, add staff and prepare to IPO. The handsome sum, which gives it a total of $115 million and a reported valuation of $750 million, comes largely from Insight Venture Partners and T Rowe Price, marking the first time since Twitter that the pair has funded a start-up together. Other participants include Dragoneer Investment Group, Passport Ventures and the company's existing investors Allen & Company, Benchmark Capital, Trinity Ventures and Tenaya Capital. New Relic says it saw 200% year-over-year revenue growth including 18 quarters of consecutive growth from playing in the data center and cloud markets monitoring deployed... (more)

Oracle’s Summit with EC Apparently Fails

Oracle co-president Safra Catz met with the European Commission’s antitrust boss Neelie Kroes to try to negotiate Oracle’s way out from under the EC’s investigation into the anti-competitive issues of Oracle acquiring the European-created open source database MySQL if it takes over Sun. Apparently she failed. “Kroes expressed her disappointment that Oracle failed to produce, despite repeated requests, either hard evidence that there were no competition problems or a proposal for a remedy to the competition concerns identified by the commission,” EC spokesman Jonathan Todd said We... (more)

XFS Makes It into the Linux Development Kernel

Linus Torvalds has merged SGI's XFS high-performance journaling file system into his BitKeeper tree suggesting that it'll show up in a future kernel release, according to LWN.net. XFS provides rapid recovery from crashes and support for large disk farms. Other journaling file systems supported by the Linux kernel include ext3, ReiserFS and JFS. ... (more)

Mad Hatter to Sip China Tea out of China Cup

That hole Alice nipped down after the White Rabbit before tying up with the Mad Hatter has come out in China - just like our parents used to tell us it would if we kept on digging in the garden when we were kids. Just imagine Sun Microsystems as Alice. In an announcement overshadowed Monday by Sun’s new Opteron alliance with AMD that Sun claims - well, some at Sun anyway - could be a lot more far-reaching than the AMD deal, Sun said that the Chinese were going to make Sun’s newfangled Linux-based Java Desktop System, otherwise known as Project Mad Hatter, the foundation of the Chi... (more)

SGI Says It's Got the Next Big Thing in Hand

SGI says it's inventing the Next Big Thing. SGI has invented the Next Big Thing before like its SMP and NUMA work. Anyway, it's not enough that the next-generation supercomputer be bigger and faster, according to Greg Estes, the head of SGI's corporate marketing, and Dave Parry, the general manager of its server/HPC business unit. The hardware and software has simply got to be more useable. SGI calls its vision Project Ultraviolet because purple is its favorite color and it seems to make some kind of futuristic sense because ultraviolet is just beyond the violet hue in the visible... (more)