Enterprise

Facebook Is Committing $1 Billion Towards Housing Affordability In California

By Amit Chowdhry ● Oct 24, 2019

Facebook CFO David Wehner recently announced that the company is committing $1 billion to address the affordable housing crisis in California.

How Bank Of America Is Saving $2 Billion Every Year By Building Its Own Cloud

By Amit Chowdhry ● Oct 24, 2019

Bank of America CEO Brian Moynihan recently revealed that the financial giant is saving $2 billion per year by building its own cloud.

PayPal and Synchrony Are Launching Venmo’s First Credit Card Next Year

By Annie Baker ● Oct 24, 2019

PayPal and Synchrony announced that they will be launching Venmo credit card next year.

AI-Powered Call Tracking Company Invoca Raises $56 Million In Funding

By Dan Anderson ● Oct 24, 2019

AI-powered call tracking and conversational analytics company Invoca announced it raised $56 million in funding.

JPMorgan: 10% Of 2018 Hires Had Criminal Records

By Amit Chowdhry ● Oct 24, 2019

JPMorgan Chase announced that 10% of its 2018 hires had criminal records. These are the details about this hiring program.

DigiCert: Utah-Based Digital Security Company Receives Strategic Investment

By Annie Baker ● Oct 24, 2019

DigiCert, a Lehi, Utah-based leading provider of TLS/SSL, IoT and PKI solutions, announced it received a strategic investment from Clearlake and TA Associates.

How Digital Bank Rho Technologies Is Accelerating Startup Growth

By Dan Anderson ● Oct 24, 2019

Rho Technologies, a leading digital bank service company, announced it has launched Rho Business Banking and raised $4.9 million in funding.

Modern Health Savings Account Company Lively Raises $27 Million

By Noah Long ● Oct 24, 2019

Lively, the creators of a modern health savings account (HSA), announced it raised $27 million in funding.

Whitehorse Closes Fund III At $2 Billion Hard Cap

By Amit Chowdhry ● Oct 24, 2019

Whitehorse Liquidity Partners recently announced that it closed Fund III at a $2 billion hard cap.

Networking Company Pensando Systems Raises $145 Million In Funding

By Amit Chowdhry ● Oct 23, 2019

Pensando Systems, a company pioneering the new edge services model of cloud computing, announced it raised $145 million led by HPE and Lightspeed.

Why Accenture Is Acquiring Happen

By Amit Chowdhry ● Oct 23, 2019

Accenture announced recently that it is acquiring Happen, a privately owned innovation firm that uses digital tools to help clients generate new ideas.

Why Rubicon Project Is Buying RTK.io For $11 Million

By Amit Chowdhry ● Oct 23, 2019

Rubicon Project announced recently that it is buying RTK.io, a leading provider of tools and services known for making header bidding simpler.

Platinum Equity Buying Cision For $2.74 Billion: Details About The Deal

By Amit Chowdhry ● Oct 23, 2019

Cision -- a global provider of software and services to public relations and marketing communications -- is getting acquired by Platinum for $2.74 billion.

Bill McDermott Has Been Named CEO Of ServiceNow

By Amit Chowdhry ● Oct 23, 2019

Outgoing SAP CEO Bill McDermott has been named the chief executive officer of ServiceNow and is succeeding John Donahoe.

NIKE: John Donahoe Succeeding Mark Parker As CEO

By Amit Chowdhry ● Oct 23, 2019

The NIKE board of directors announced that John Donahoe is succeeding Mark Parker as the new president and CEO.

Databricks: $400 Million Funding And $6.2 Billion Valuation

By Amit Chowdhry ● Oct 23, 2019

Unified data analytics leader Databricks announced it has raised $400 million in funding at a $6.2 billion valuation.

Alice To Grow Its Personal Business Adviser Tools With New Funding Round

By Noah Long ● Oct 23, 2019

Alice, a platform powered by AI that works as a personal business adviser to small business owners, announced it closed a Series A funding round.

Galileo Financial Technologies Receives $77 Million In Funding

By Noah Long ● Oct 23, 2019

Galileo Financial Technologies, a company whose APIs are used for powering the next generation of banking products, announced recently it raised $77 million.

Facebook COO Sheryl Sandberg Says That Political Ads Are ‘Not For The Money’

By Annie Baker ● Oct 23, 2019

Facebook COO Sheryl Sandberg said that the company is allowing political advertising for more reasons than just the revenue.

Craft Ventures Closes A $500 Million Second Fund

By Amit Chowdhry ● Oct 23, 2019

Craft Ventures, a venture firm founded by serial entrepreneur David O. Sacks, announced it closed $500 million in capital commitments for its second fund.

Spearhead Is Backing Founders With $1 Million To Start Angel Investing

By Amit Chowdhry ● Oct 22, 2019

Spearhead recently announced it is going to back founders with $1 million for them to start angel investing.

Chief: This Private Network For Supporting Women Leaders Is Opening A Massive New Location

By Annie Baker ● Oct 22, 2019

Chief -- a private women's network -- is opening a new 20,000 sq. ft. location in the Flatiron district of New York.

BlackRock Chairman And CEO Larry Fink Believes Companies Should Go Public Sooner

By Amit Chowdhry ● Oct 22, 2019

BlackRock Chairman and CEO Larry Fink recently went on CNBC and discussed why private companies should go public sooner. This is why.

Algolia Closes $110 Million In Funding To Help Businesses Improve Product Discovery

By Amit Chowdhry ● Oct 22, 2019

Leading Search and Discovery solution company Algolia announced it raised $110 million in funding led by existing investor Accel.

Google: $150 Million Committed To Renewable Energy

By Amit Chowdhry ● Oct 22, 2019

Google recently announced that it has committed $150 million to renewable energy. These are the details.

M13 To Invest In Emerging Consumer Tech Companies With New $175 Million Fund

By Annie Baker ● Oct 22, 2019

Venture capital firm M13 recently announced it would be investing in emerging consumer technology companies with a new $175 million fund.

Walmart Has Launched An App For In-Home Grocery Delivery

By Amit Chowdhry ● Oct 22, 2019

Walmart recently announced that it is going to start offering in-home grocery delivery. Now it is avaialble in Pittsburgh, Kansas City, and Vero Beach.

Headless CMS Company Strapi Raises $4 Million In Seed Funding

By Dan Anderson ● Oct 21, 2019

Headless CMS company Strapi announced it raised $4 million in seed funding led by Accel and Stride.vc.

Short-Term Liability Coverage Company Thimble Raises $22 Million In Funding

By Noah Long ● Oct 21, 2019

Thimble (formerly known as Verifly), the first and only platform to offer short-term liability coverage for small businesses, has raised $22 million.

CleverTap: This Company Just Raised $35 Million In Funding At A $385 Million Valuation

By Dan Anderson ● Oct 21, 2019

CleverTap, a leading AI-based customer lifecycle and user retention platform, announced it raised $35 million in funding at a $385 million valuation.