Enterprise

India-Based Education Tech Company Byju’s Raises $150 Million

By Annie Baker ● Jul 14, 2019

Byju's announced it has raised $150 million in funding. This round reportedly values the company at $5.75 billion.

Techstars Announces 2019 Detroit Class

By Amit Chowdhry ● Jul 14, 2019

Techstars Detroit -- which recently rebranded from Techstars Mobility -- has announced its 2019 Detroit class.

Revolve Group To Mint A $1.5 Billion Fortune For Founders Mike Karanikolas And Michael Mente

By Amit Chowdhry ● Jul 14, 2019

Online retailer Revolve Group recently went public and is set to create a $1.5 billion fortune for co-CEOs Mike Karanikolas and Michael Mente.

YL Ventures Raises $120 Million For Fourth Fund

By Amit Chowdhry ● Jul 13, 2019

YL Ventures -- a Silicon Valley VC firm specializing in seed stage investing for Israeli cybersecurity startups -- has raised $120 million for YLV IV.

The Carlyle Group Sets Up $2.2 Billion Global Infrastructure Opportunity Fund

By Noah Long ● Jul 13, 2019

The Carlyle Group has announced the final close of the $2.2 billion Carlyle Global Infrastructure Opportunity Fund (‘CGI’).

Amazon Plans To Invest Over $700 Million To Upskill 100,000 U.S. Employees By 2025

By Dan Anderson ● Jul 13, 2019

Amazon announced it is going to invest over $700 million to upskill 100,000 U.S. employees by 2025, which builds on its $15 minimum wage.

Vista Equity Partners Closes $850 Million Round For Endeavor Fund II

By Amit Chowdhry ● Jul 13, 2019

Vista Equity Partners announced it closed an $850 million fund known as the Vista Equity Endeavor Fund II, which was significantly oversubscribed.

Investment Firm 3L Capital Raises $217 Million

By Annie Baker ● Jul 12, 2019

3L Capital -- an investment firm that is based in LA and NYC -- has raised $217 million for an equity fund to invest in local companies

Customer Experience Company Medallia Prepares To Raise Over $200 Million In IPO

By Amit Chowdhry ● Jul 12, 2019

Customer experience company Medallia is planning to raise somewhere between $212.8 and $239.4 million when it goes public.

Investment Technology Platform Jacobi Secures $11 Million AUD

By Noah Long ● Jul 12, 2019

Jacobi -- an investment technology platform company -- announced it raised $11 million AUD in funding from several US investors

Toronto-Based Digital Banking Solutions Company Sensibill Raises $31.5 Million

By Dan Anderson ● Jul 12, 2019

Sensibill -- a company that provides receipt management for mobile banking apps -- announced it raised $31.5 million led by Radical Ventures.

Haystack Ventures Closes $50 Million Oversubscribed Fifth Flagship Fund

By Amit Chowdhry ● Jul 12, 2019

In a document filing, it has been revealed that Haystack Ventures has raised an oversubscribed $50 million fund.

DriveNets: Several Strategic Investors Joined The $117 Million Round

By Amit Chowdhry ● Jul 11, 2019

Networking software company DriveNets has announced that several high profile strategic investors have joined the $117 million Series A round.

Indianapolis-Based Marketing Tech Company PERQ Raises $6 Million

By Dan Anderson ● Jul 11, 2019

PERQ announced it raised $6 million in funding to grow its AI-driven marketing cloud for big-ticket retailers.

Microsoft And Providence St. Joseph Health Announce Multi-Year Strategic Alliance

By Dan Anderson ● Jul 11, 2019

Microsoft and Providence St. Joseph Health have announced a multi-year strategic alliance to accelerate the digital transformation of health care

Continuous Performance Management Company 15Five Raises $30.7 Million

By Annie Baker ● Jul 11, 2019

Continuous performance management 15Five announced it raised $30.7 million in Series B led by Next47.

How Brandable Is Helping Brands React Quickly To Customer Trends

By Dan Anderson ● Jul 11, 2019

Brandable -- a company that is disrupting how brands are developed and launched -- announced it closed a Series B round of funding led by Cota Capital.

Perforce Software Receives Significant Equity Investment From Francisco Partners

By Dan Anderson ● Jul 11, 2019

Market-leading provider of enterprise-scale software solutions Perforce Software announced it received a significant equity investment from Francisco Partners.

Lance Armstrong And Lionel Conacher’s Next Ventures Raises $24.5 Million Out Of Planned $75 Million

By Amit Chowdhry ● Jul 11, 2019

According to an SEC filing, Next Ventures LP has raised $24.5 million out of a planned $75 million fund.

Walmart Is Utilizing Virtual Reality For Training And Hiring Future Managers

By Annie Baker ● Jul 11, 2019

Walmart is utilizing virtual reality technology for determining whether employees are managerial using $250 Oculus Go VR headsets.

App Creation Tool Company Glitch (Formerly Known As Fog Creek Software) Unveils $30 Million Series A Round

By Amit Chowdhry ● Jul 11, 2019

Glitch -- the company formerly known as Fog Creek Software -- announced several milestones including a $30 million Series A funding round

Microsoft And ServiceNow Sign A Strategic Partnership

By Dan Anderson ● Jul 11, 2019

Microsoft and ServiceNow have announced a broader strategic partnership to enhance the integration and optimization of their products and platforms.

Credit Rating Company Experian Joins Grab’s Series H Round

By Noah Long ● Jul 11, 2019

Grab -- a ride-hailing, food delivery, and digital payment company -- has added Experian as a strategic investor in its Series H round.

eCommerce Checkout Company Bolt Raises $90 Million

By Dan Anderson ● Jul 11, 2019

Bolt, a company that is simplifying the checkout experience for retailers online, has announced several milestones, including $68 million in funding.

Bengaluru-Based Digital Banking Company NiYO Has Raised $35 Million

By Amit Chowdhry ● Jul 11, 2019

Bengaluru-based digital banking startup NiYO Solutions announced it raised $35 million in Series B funding to further accelerate growth.

Precision Medicine Company GNS Healthcare Secures $23 Million

By Dan Anderson ● Jul 11, 2019

Leading precision medicine company GNS Healthcare announced it raised $23 million in strategic funding led by Cigna Ventures.

Twilio Co-Founder Jeff Lawson Net Worth Jumps To $1.2 Billion, Says Forbes Report

By Annie Baker ● Jul 11, 2019

The net worth of Twilio co-founder and CEO Jeff Lawson has hit $1.2 billion due to his 5% stake in the company, according to Forbes.

Digital Customer Interaction Company Lightico Secures $14.5 Million

By Dan Anderson ● Jul 11, 2019

Digital customer interaction pioneer company Lightico announced it raised $14.5 million in funding from Mangrove, Crescendo, lool ventures and Spinach Angels.

Custom Resident App Company Mobile Doorman Raises $6.5 Million

By Noah Long ● Jul 11, 2019

Mobile Doorman -- a software provider of custom mobile apps that connects residents and their communities -- has raised $6.5 million of expansion capital

Google Acquires Cloud-Native Enterprise File Storage Company Elastifile

By Amit Chowdhry ● Jul 10, 2019

Google Cloud announced it is acquiring cloud-native enterprise file storage company Elastifile for an undisclosed amount (rumored at $200 million).