Enterprise

Axel Springer To Merge Business Insider Intelligence With eMarketer

By Amit Chowdhry ● Jun 13, 2019

German media company Axel Springer is merging its Business Insider Intelligence and eMarketer units while still keep their brand names separate.

How Luminous Computing Plans To Use Light To Make AI Faster And More Efficient

By Amit Chowdhry ● Jun 13, 2019

Luminous Computing is a company planning to use photonics to solve bottlenecks that traditional processors are dealing with. These are the details.

How Privitar Protects Sensitive Data For Companies And Public Sector Organizations

By Noah Long ● Jun 13, 2019

With a new $40 million funding round, Privitar is going to build on its platform for protecting sensitive data for companies and public sector organizations

Microsoft Flight Simulator Is Making A Comeback In 4K Next Year And The Trailer Is Stunning

By Amit Chowdhry ● Jun 13, 2019

Microsoft unveiled the return of Flight Simulator and the trailer is stunning. The new Flight Simulator will be available on Windows 10 and Xbox in 2020.

Genome Medical To Scale Its Telegenomics Platform With New Funding Round

By Annie Baker ● Jun 13, 2019

Leading telegenomics platform Genome Medical announced it raised $23 million in Series B funding led by Echo Health Ventures.

Why Cvent Acquired Event App Company DoubleDutch

By Annie Baker ● Jun 13, 2019

McLean, Virginia-based Cvent recently acquired mobile event app company DoubleDutch. These are the details about the deal.

How Microsegmentation Platform Company Edgewise Networks Reduces Cybersecurity Attacks

By Dan Anderson ● Jun 13, 2019

Edgewise Networks -- the industry’s first microsegmentation platform -- announced it raised $11 million in funding led by .406 Ventures and Accomplice.

Merck’s $773 Million Tilos Therapeutics Acquisition: The Details You Should Know About

By Amit Chowdhry ● Jun 13, 2019

Merck is acquiring Tilos Therapeutics for up to $773 million, which is known for developing therapeutics targeting the latent TGFβ complex.

How ZeroDown Helps People Buy Houses In The Bay Area

By Amit Chowdhry ● Jun 13, 2019

ZeroDown announced it raised $30 million in funding to date from investors to help users buy homes in the Bay Area without a down payment.

RealPage Acquiring Hipercept: Details About The Deal You Should Know

By Amit Chowdhry ● Jun 13, 2019

Real estate software and data analytics company RealPage announced it is acquiring the assets of CRE Global Enterprises including Hipercept.

Digital Health Company Neurotrack Secures $21 Million

By Noah Long ● Jun 12, 2019

Digital health company Neurotrack announced it raised $21 million in Series C funding led by existing investor Khosla Ventures

Cyber Observer Raises $8 Million To Provide Enterprises With Unified Visibility Of Digital Tools

By Dan Anderson ● Jun 12, 2019

Cyber hygiene platform company Cyber Observer announced it raised $8 million in Series B funding led by Merlin International.

Dockless Electric Scooter Sharing Bird Confirms It Has Acquired Scoot

By Noah Long ● Jun 12, 2019

Dockless electric scooter sharing company Bird announced it has acquired Scoot. The terms of the deal were undisclosed, but it is estimated to be valued at $25 million.

Brex Raises $100 Million At A Reported $2.6 Billion Valuation

By Amit Chowdhry ● Jun 12, 2019

Brex, a credit card company that was built for scaling businesses, announced recently it raised $100 million at a reported $2.6 billion valuation

TD Ameritrade Is Taking Its First Steps Towards Major Open Source Contributions

By Amit Chowdhry ● Jun 12, 2019

TD Ameritrade has made its first major contribution to the open source community with STUMPY, which identifies the patterns in time series data.

Dubai-Based Heavy Equipment Rental Marketplace Company Tenderd Secures $5.8 Million

By Annie Baker ● Jun 12, 2019

Tenderd, a service that allows users to rent dependable equipment in the MENA region, announced it raise $5.8 million in a seed round of funding

RapidAPI Launches Self-Serve API Platform Service And Raises $25 Million

By Dan Anderson ● Jun 12, 2019

RapidAPI, the world's largest API marketplace, announced it raised $25 million in Series B led by Microsoft's venture capital arm M12.

JMI Invests In Dulles-Based ERP Company Unanet

By Dan Anderson ● Jun 12, 2019

Leading Enterprise Resource Planning (ERP) provider company Unanet announced it received a significant growth equity investment from JMI Equity.

Payments Company SpotOn Transact Secures $40 Million

By Noah Long ● Jun 12, 2019

SpotOn Transact announced it raised more than $40 million in a new round of funding led by Franklin Venture Partners. Dragoneer also participated.

London-Based VC Firm Crane Venture Partners Raises $90 Million For ‘Crane I’ Fund

By Dan Anderson ● Jun 12, 2019

London-based Crane Venture Partners announced it raised $90 million for its “Crane I” fund. “Crane I” will be for investing in data enterprise companies.

H&R Block Is Acquiring Toronto-Based Wave For $405 Million

By Dan Anderson ● Jun 12, 2019

H&R Block has announced it is acquiring Toronto, Ontario-based Wave Financial for $405 million (C$537 million) in cash.

Cloud-Based Digital Banking Company Alkami Technology Raises $55 Million

By Noah Long ● Jun 12, 2019

Plano, Texas-based digital banking solutions company Alkami Technology has closed $55 million in Series E of funding led by General Atlantic.

AI-Powered Direct Mail And Swag Company Alyce Raises $11.5 Million

By Noah Long ● Jun 11, 2019

Alyce, an AI-powered platform that has been transforming the direct mail and swag industry, announced it raised $11.5 million in Series A funding.

Microsoft Buying Double Fine: Details You Should Know About

By Dan Anderson ● Jun 11, 2019

Double Fine, the game development studio behind games like Pyschonauts, Brütal Legend, and Broken Age, has been acquired by Microsoft.

Apollo Acquiring Shutterfly And Snapfish: Details You Should Know About

By Amit Chowdhry ● Jun 11, 2019

The funds managed by affiliates of Apollo Global Management announced it is acquiring Shutterfly ($2.7 billion) and Snapfish (undisclosed).

Apple: Mac Pro And Pro Display XDR Coming This September In The US

By Dan Anderson ● Jun 10, 2019

Apple has unveiled that the Mac Pro and the Pro Display XDR will be coming this September in the U.S.

Google Is Spending $17 Million On Michigan Expansion

By Amit Chowdhry ● Jun 10, 2019

Google is spending $17 million for the expansion of its Michigan-based offices in Detroit and Ann Arbor and is not seeking any development subsidies.

Raytheon And United Technologies Are Planning To Merge In A $120 Billion Deal

By Amit Chowdhry ● Jun 10, 2019

Raytheon and United Technologies have entered an agreement to combine -- which will be a combined company will be called Raytheon Technologies Corporation.

Salesforce Is Acquiring Tableau In $15.7 Billion Deal

By Amit Chowdhry ● Jun 10, 2019

Salesforce is acquiring Tableau in a $15.7 billion deal. Tableau will operate independently under the Tableau brand.

Autonomous Endpoint Protection Company SentinelOne Raises $120 Million

By Noah Long ● Jun 9, 2019

Autonomous endpoint protection company SentinelOne has announced it raised $120 million in Series D funding led by Insight Partners.