Enterprise

Report: Bain Capital Is Setting Up A $1 Billion Tech Opportunities Fund

By Amit Chowdhry ● May 31, 2019

Bain Capital is reportedly raising $1 billion for a new technology fund for late-stage minority investments called Bain Capital Tech Opportunities.

Cybersecurity Company CrowdStrike Prices Shares For IPO

By Dan Anderson ● May 31, 2019

Rapidly growing cybersecurity company CrowdStrike filed to go public and will be selling 18 million shares of Class A common stock between $19 and $23 each.

Amazon Textract Is Able To Use Machine Learning To Extract Text And Data From Most Documents

By Amit Chowdhry ● May 31, 2019

Amazon announced that its Textract is able to automatically extract text and data from tables and forms in virtually any document using machine learning.

Fedex Will Offer Saturday and Sunday Delivery Year-Round Starting January 2020

By Shan Sadiq ● May 31, 2019

Fedex announced that it will begin delivering packages seven days a week year-round starting January 2020.

Why Global Payments Is Buying TSYS For $21.5 Billion

By Noah Long ● May 31, 2019

Payment tech company Global Payments announced it is acquiring Total System Services (TSYS) for $21.5 billion. These are the details about the deal.

How FinTech Company Zero Helps Users ‘Bank Like Debit And Earn Like Credit’

By Noah Long ● May 30, 2019

Zero Financial announced it raised $20 million in Series A funding led by New Enterprise Associates (NEA). Including this round, Zero has raised $35 million.

Enterprise Customer Service Company Kustomer Raises $40 Million

By Annie Baker ● May 30, 2019

Enterprise customer service Kustomer announced it raised $40 million in Series D funding led by Tiger Global Management

SoFi Raises $500 Million In Funding Led By Qatar Investment Authority

By Amit Chowdhry ● May 30, 2019

Social Finance (known as SoFi) has raised $500 million in funding led by Qatar Investment Authority (QIA)

Project And Work Management Platform Company Sitetracker Secures $34 Million

By Dan Anderson ● May 30, 2019

Project and work management platform Sitetracker announced it raised funding from Energize Ventures extending its Series B to $34 million.

IVP’s Thomas Loverro Gets Promoted To General Partner

By Amit Chowdhry ● May 30, 2019

IVP’s Thomas Loverro has been promoted to General Partner. He is now the 7th General Partner at the VC firm.

Why Palo Alto Networks Is Acquiring Twistlock ($410 Million In Cash) And PureSec (Undisclosed)

By Amit Chowdhry ● May 30, 2019

Palo Alto Networks has announced that it is acquiring container security company Twistlock and serverless security company PureSec

Continuous Security Validation Company AttackIQ Raises $17.6 Million

By Amit Chowdhry ● May 30, 2019

Continuous security validation company AttackIQ announced it raised $17.6 million led by Khosla Ventures. Index, Salesforce, and Telstra also joined.

U-M Researcher Florian Schaub: Alexa’s New Privacy Voice Commands Are An ‘Important First Step’

By Amit Chowdhry ● May 30, 2019

University of Michigan School of Information assistant professor Florian Schaub recently discussed smart speaker privacy concerns in a faculty Q&A.

Live Online K-12 Education Company Outschool Secures $8.5 Million

By Dan Anderson ● May 30, 2019

San Francisco-based live online K-12 classes marketplace company Outschool announced it raised $8.5 million in Series A funding

eSUB Construction Software Announces $12 Million Funding Round

By Noah Long ● May 30, 2019

eSUB Construction Software announced it raised $12 million in Series B funding led by Catalyst Investors.

E-Learning Platform OpenSesame Raises $28 Million

By Annie Baker ● May 30, 2019

E-learning platform company OpenSesame announced it has raised $28 million in funding led by FTV Capital.

Google Introduces The Women Of Publishing Leadership Series For Women Leaders

By Shan Sadiq ● May 30, 2019

The Google Partnerships team is hosting a four-part webinar series to help women leaders from all digital backgrounds enhance their digital strategy.

Data Beaming Tech Company Equalum Secures $18 Million

By Dan Anderson ● May 30, 2019

Leading data beaming technology provider Equalum announced it raised $18 million in Series B led by Planven.

Recruiting Platform Company SmartRecruiters Raises $50 Million

By Annie Baker ● May 30, 2019

SmartRecruiters announced it has raised $50 million in Series D funding led by repeat investor Insight Partners. Mayfield and Rembrandt also joined.

Over 200 Philanthropists Have Now Joined The Giving Pledge

By Amit Chowdhry ● May 29, 2019

The Giving Pledge announced that 19 more philanthropists have joined the organization since the previous year bringing the total to over 200.

Report: SpaceX Raised More Than $1 Billion This Year

By Dan Anderson ● May 29, 2019

SpaceX has reportedly raised over $1 billion in funding since the beginning of the year, which the helped with the deployment of the Starlink satellites.

Pico Secures $4.5 Million To Build On Its Analytics And Revenue Tools For Publishers

By Amit Chowdhry ● May 29, 2019

Brooklyn-based Pico announced it raised $4.5 million in seed funding led by Precursor Ventures and Stripe.

Telebehavioral Health Company Talkspace Raises $50 Million

By Amit Chowdhry ● May 29, 2019

Telebehavioral health leader Talkspace announced it raised $50 million in a new round of funding led by Revolution Growth.

Report: Alibaba Is Considering A $20 Billion Second Listing In Hong Kong

By Noah Long ● May 29, 2019

Alibaba is reportedly preparing to raise $20 billion through a second listing in Hong Kong according to Bloomberg's sources.

Backed With New Funding Round, KaiOS To Further Push Into Emerging Markets

By Dan Anderson ● May 29, 2019

KaiOS recently raised $50 million in Series B funding led by Cathay Innovation with participation from Google and TCL.

LinkedIn Acquires Digital Identity Company Drawbridge

By Amit Chowdhry ● May 29, 2019

Professional social network LinkedIn announced that it has acquired digital identity company Drawbridge, which will be integrated into Marketing Solutions.

Scooter Company Lime Shuffles Around Its Management Team

By Amit Chowdhry ● May 28, 2019

Lime, a popular scooter company announced that it is shuffling around its management team.

Why Nuvi Acquired Social Software Company Banyan

By Noah Long ● May 28, 2019

Nuvi recently announced it acquired Banyan, a social software company. These are the details about the deal.

LA-Based Fika Ventures Sets Up A Sophomore Fund To Help Grow Local Startups

By Amit Chowdhry ● May 28, 2019

Los Angeles, California-based Fika Ventures has established a $76 million sophomore investment fund to invest in local startups.

How Modern Health Is Helping Company Employees With Their Mental Well-Being

By Amit Chowdhry ● May 28, 2019

Modern Health, a mental well-being benefits platform, announced it raised $9 million in Series A led by Kleiner Perkins.