Pulse 2.0

Google Unveils The Willow Quantum Computing Chip

Meta To Invest $10 Billion For New AI Data Center In Louisiana

Hunton Andrews Kurth: Joanna Enns Joins As Capital Markets Partner In Dallas

ProvLabs: Blockchain Infrastructure Company Raises Seed Funding

LeadsOnline: Interview With CEO Alex Finely About The Investigative Technology Company

DLA Piper: Kirstie Allerton Named As Managing Partner Of Leeds Office

By Amit Chowdhry ● Yesterday at 11:59 PM

Global law firm DLA Piper announced that partner Kirstie Allerton has been appointed as Office Managing Partner (OMP) for the firm's Leeds office. And Allerton succeeds Andrew Dyson who, effective the same day, will move into a new role as the firm's UK Country Managing Partner.

Wire 3: $115 Million Credit Facility Signed For Accelerating Fiber Network Expansion

By Amit Chowdhry ● Yesterday at 10:52 PM

Wire 3, a leading provider of high-speed fiber-optic internet, announced the closing of a $115 million credit facility. This facility, led by Woodforest National Bank, CIBC, and JPMorgan, with participation from Axiom Bank, will support the continued expansion of Wire 3's state-of-the-art, 100% fiber-optic network across Florida.

LambdaTest: $38 Million Raised By AI-Based QA Agent-As-A-Service

By Amit Chowdhry ● Yesterday at 10:48 PM

LambdaTest, a leading cloud-based unified testing platform, announced it raised a $38 million funding round led by Avataar Ventures, with participation from Qualcomm Ventures. This brings the total funding to $108 million.

WeaveGrid: $28 Million Raised By EV Software Company

By Amit Chowdhry ● Yesterday at 10:37 PM

WeaveGrid - a software company that enables rapid electric vehicle (EV) adoption on the electric grid - announced $28 million in funding, led by Toyota's growth fund Woven Capital. And existing investors Activate Capital, Collab Fund, Emerson Collective, and Salesforce Ventures participated, with debt provided by HSBC Innovation Banking.

Gentrace: $8 Million (Series A) Secured By GenAI Testing And Monitoring Company

By Amit Chowdhry ● Yesterday at 10:28 PM

Gentrace - a developer platform for testing and monitoring generative AI applications - announced an $8 million Series A funding round led by Matrix Partners, with participation from Headline and K9 Ventures. The funding round, bringing Gentrace's total funding to $14 million, comes as the company launches its groundbreaking tool, Experiments, enabling the first truly collaborative LLM product testing environment that extends beyond engineering teams.

Raptor Maps: $35 Million (Series C) Raised By Solar Asset Management Company

By Amit Chowdhry ● Yesterday at 10:15 PM

Raptor Maps announced an oversubscribed Series C financing round. The $35 million growth investment was led by Maverix Private Equity, with significant participation from existing investors MKB, Blue Bear Capital, Congruent Ventures, Buoyant Ventures, and Y Combinator.

Latham & Watkins: Oliver Seiler And David Rath Rejoining As Partners In Germany

By Amit Chowdhry ● Yesterday at 2:50 PM

Latham & Watkins announced that Oliver Seiler and David Rath will rejoin the firm’s Frankfurt office as partners in the Capital Markets Practice. Seiler and Rath bring a wealth of experience advising issuers, private equity sponsors, and underwriters in a broad range of domestic and international equity capital markets transactions.

Astrix Security: $45 Million (Series B) Raised To Secure Non-Human Identities

By Amit Chowdhry ● Yesterday at 2:24 PM

Astrix Security - a trusted solution for securing non-human identities (NHIs) - announced $45 million in Series B funding led by Menlo Ventures with the participation of Workday Ventures, and existing investors, Bessemer Venture Partners, CRV, and F2 Venture Capital.

Simpson Thacher: M. Kathryn Stone Named As Tax Partner In Washington, D.C.

By Amit Chowdhry ● Yesterday at 1:50 PM

Simpson Thacher & Bartlett LLP announced that M. Kathryn Stone has joined the Firm’s Washington, D.C. office as a Partner in the Tax Practice.

Guggenheim Securities: Stephen Cruise Joins Firm As Senior Managing Director

By Amit Chowdhry ● Yesterday at 12:52 PM

Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced that Stephen Cruise will join the firm as a Senior Managing Director.

Kirkland: Matthew Bettinger And Seth Henslovitz Named As Partners To Real Estate Practice

By Amit Chowdhry ● Yesterday at 12:29 PM

Kirkland & Ellis announced that Matthew Bettinger and Seth Henslovitz have joined the firm as Real Estate Practice Group partners.

F2 Strategy: Ryan Beach Named As CEO

By Amit Chowdhry ● Yesterday at 12:27 PM

F2 Strategy - a leading wealth management technology and marketing services consultancy - announced the appointment of industry veteran Ryan Beach as chief executive officer. And the recruitment of Beach represents the latest in a series of strategic personnel additions that include Laura Korbel as president and Jay Halbert as chief financial officer.

White & Case: Emma Russell Named As Partner In London

By Amit Chowdhry ● Yesterday at 12:20 PM

Global law firm White & Case announced it has expanded its Global Debt Finance Practice, Investment Funds Practice and Global Financial Institutions Industry Group with the addition in London of funds finance partner Emma Russell.

Dentons: Kate Sullivan Morgan Rejoins As Partner In Health Care Practice

By Amit Chowdhry ● Yesterday at 12:17 PM

Dentons announced that Kate Sullivan Morgan has rejoined the firm as a partner in its Health Care practice, based in Dallas. And with nearly two decades of healthcare law experience, Morgan brings deep expertise in digital health and health insurance regulatory matters, enhancing the firm’s ability to guide clients through the complexities of a rapidly changing healthcare environment.

Norton Rose Fulbright: New Houston Office Leadership Revealed

By Amit Chowdhry ● Yesterday at 12:16 PM

Global law firm Norton Rose Fulbright announced Carter Dugan as the Houston office’s new Partner-in-Charge and Robert Morris as its Administrative Partner.

Copia Acquiring Wealth Manager Relationship App Company Kinship

By Amit Chowdhry ● Yesterday at 12:11 PM

Copia Wealth Studios - an intelligence platform providing insights on over $30 billion in assets - announced the acquisition of Kinship, a relationship management app for wealth managers, marking a significant step toward creating the first comprehensive operating system for asset owners and their managers.

Raymond James Onboards $200 Million Father-Son Advisor Team

By Amit Chowdhry ● Yesterday at 12:06 PM

Dominic Prioli, Upper Midwest regional director of Raymond James & Associates (RJA), announced it recently welcomed financial advisors Thomas Grobbel and John Grobbel to RJA in Bloomfield Hills, Michigan.

DLA Piper Reveals Appointment Of Katarzyna Jakubiak In Poland As Partner

By Amit Chowdhry ● Yesterday at 12:04 PM

Global law firm DLA Piper announced the appointment of Katarzyna Jakubiak as a partner in the firm's international Finance group. Joining from Deloitte Legal, Katarzyna is a highly respected lawyer with 16+ years of experience advising financial institutions, private equity funds and corporate entities.

SPHERE Investments: Interview With Founder, President & CEO Didier Choukroun About The Public Health Equities Firm

By Amit Chowdhry ● Yesterday at 8:00 AM

Based in Miami with offices in Paris and Madrid, SPHERE (Strategic Public Health Equities and Real Estate) is a pioneering force at the intersection of public health equities and real estate investment. With a goal of improving global public health, SPHERE represents an evolutionary approach that goes beyond traditional healthcare infrastructure, reimagining the built environment to improve communities' well-being. Pulse 2.0 interviewed Sphere Investments founder, president, and CEO Didier Choukroun to learn more about the firm.

LPL Brings In $550 Million Frontline Investment Team

By Amit Chowdhry ● Yesterday at 1:06 AM

LPL Financial announced that financial advisors Amanda Miller, Devin Richard, and Jonathan Vila, CRPC, of Frontline Investment Advisors have joined LPL Financial’s broker-dealer, aligned with existing firm GradePoint Financial. They reported having served approximately $550 million in advisory, brokerage, and retirement plan assets and joined LPL from VALIC Financial Advisors, the broker-dealer for AIG Retirement Services.

Clifford Chance: Arnaud Fromion, Frédéric Guilloux, And Philipp Girardet Named As New Partners

By Amit Chowdhry ● Yesterday at 1:04 AM

Clifford Chance announced it has named a few new partners, including Arnaud Fromion, Frédéric Guilloux, and Philipp Girardet.

Capitolis Acquires Rates Portfolio Compression Company Capitalab In $46 Million Deal

By Amit Chowdhry ● Yesterday at 1:03 AM

Capitolis - a technology company helping to create safer and more vibrant capital markets - announced the acquisition of Capitalab, a leader in Rates Portfolio Compression and Margin Optimization, from BGC Group for $46 million. This deal will enable Capitolis, a market leader in the optimization and compression space, to offer more solutions to the industry and unlock additional innovation to address emerging client needs.

Platinum Investing In HVAC/R Distributor Global, The Source

By Amit Chowdhry ● Yesterday at 12:59 AM

Platinum Equity announced a significant investment in Global, the Source, a leading master distributor of HVAC/R components, and its subsidiary AmRad Manufacturing. The deal marks Platinum Equity’s second investment in the HVAC/R industry this year. And in July, the firm invested in Motors & Armatures Inc. (MARS).

H.I.G. Capital: $1 Billion Bayside Loan Opportunity Fund VII Closed

By Amit Chowdhry ● Yesterday at 12:58 AM

H.I.G. Bayside Capital—a special situations credit affiliate of H.I.G. Capital, a leading global alternative investment firm with $66 billion of capital under management—announced the final closing of H.I.G. Bayside Loan Opportunity Fund VII. The fund closed with $1 billion of aggregate capital commitments and continues the Firm’s successful strategy of investing in special situation credit opportunities in the European middle market.