Enterprise

Rally Ventures Closes Oversubscribed Fund IV At $250 Million

By Noah Long ● Dec 11, 2020

Rally Ventures -- a national leader in business technology investing -- announced it has closed Rally IV, which is a $250 million fund to invest in Seed and Series A companies bringing innovative approaches to enterprise technology.

Smart Building Intelligence Platform Clockworks Analytics Secures $8 Million

By Annie Baker ● Dec 11, 2020

Clockworks Analytics -- the company behind Clockworks (the most widely utilized cloud-based building analytics platform in the world) -- announced that it has raised $8 million in funding.

Cloud-Native Data Protection Company Trilio Raises $15 Million

By Amit Chowdhry ● Dec 11, 2020

Trilio -- a leading provider of data protection for cloud-native environments -- announced that it has raised $15 million in funding led by SKK Ventures. These are the details.

Asynchronous Short Video Platform Voodle Raises $6 Million

By Dan Anderson ● Dec 11, 2020

Voodle -- an asynchronous short video platform that is purpose-built for remote teams and the new workplace -- announced that it has raised $6 million in funding.

Relational Database Company SingleStore Raises $80 Million

By Noah Long ● Dec 11, 2020

SQL database management company SingleStore announced it has raised $80 million in a new round of funding. These are the details.

Embedded Insurance Tech Company Salty Dot Raises Over $16 Million

By Annie Baker ● Dec 10, 2020

Salty Dot -- an Embedded Insurance technology company -- announced that it has accelerated out of stealth mode and raised $16 million in total funding.

Why Juniper Networks (JNPR) Is Buying Apstra

By Amit Chowdhry ● Dec 10, 2020

Juniper Networks (NYSE: JNPR) -- a leader in secure AI-driven networks -- announced that the company has entered into a definitive agreement to acquire Apstra. These are the details about the deal.

API Security Company Salt Security Raises $30 Million

By Noah Long ● Dec 10, 2020

Leading API security company Salt Security recently announced that it raised $30 million in Series B funding led by Sequoia Capital.

Auto Dealer E-Commerce Service Modal Raises $15 Million

By Dan Anderson ● Dec 10, 2020

Modal -- a company that provides e-commerce to the world's leading automotive dealers and brands -- announced that it has raised $15 million in Series A funding. These are the details.

Enterprise Feature Store Company Tecton Raises $35 Million

By Dan Anderson ● Dec 10, 2020

Tecton -- an enterprise feature store company -- announced it has raised $35 million in Series B funding co-led by Andreessen Horowitz and Sequoia. These are the details.

Microsoft (MSFT) And Deutsche Telekom (DTEGY) Sign Cloud Computing Deal

By Amit Chowdhry ● Dec 10, 2020

Microsoft Corporation (NASDAQ: MSFT) and Deutsche Telekom AG (OTCMKTS: DTEGY) have announced an expansion of their partnership. These are the details.

Dragos Raises $110 Million In Series C Funding

By Annie Baker ● Dec 10, 2020

Dragos -- a global leader in cybersecurity for industrial controls systems (ICS)/operational technology (OT) environments -- announced that it has raised $110 million in Series C funding.

FiscalNote Raises $160 MIllion In Growth Capital

By Annie Baker ● Dec 10, 2020

FiscalNote announced that it has raised $160 million in growth capital and debt financing led by Arrowroot Capital and Runway Growth Capital. These are the details.

Stanford University Spinout Deepcell Raises $20 Million In Series A

By Amit Chowdhry ● Dec 10, 2020

Deepcell -- a Stanford University spinout life sciences company that pioneering AI-powered cell classification and isolation for cell biology and translational research -- announced it has raised $20 million in Series A funding led by Bow Capital.

Facebook Sued By FTC And States Over Antitrust, Targeting Instagram And WhatsApp

By Amit Chowdhry ● Dec 10, 2020

Facebook, Inc. (NASDAQ: FB) is being sued by the U.S. Federal Trade Commission and a coalition of attorneys general from 48 states and territories. These are the details.

Crossplane Capital Announces Closing Of Inaugural Fund At $275 Million Hard Cap

By Amit Chowdhry ● Dec 10, 2020

Crossplane Capital recently announced the final closing of its inaugural fund Crossplane Capital Fund, L.P. at its $275 million hard cap. These are the details.

Starbucks (SBUX) Forecasts Growth Of Over 20% By Fiscal 2022

By Amit Chowdhry ● Dec 10, 2020

Starbucks Corporation (NASDAQ: SBUX) CFO recently reiterated the company’s fiscal 2021 forecast of adjusted earnings per share of $2.70 to $2.90. These are the details.

Why Thumbtack Is Buying Setter

By Amit Chowdhry ● Dec 9, 2020

Leading local services marketplace Thumbtack recently announced the acquisition of Toronto-based home management platform Setter. These are the details.

Retail Loyalty App Company Fetch Rewards Raises $80 Million

By Noah Long ● Dec 9, 2020

Fetch Rewards -- the nation’s leading consumer-loyalty and retail-rewards app -- announced it raised $80 million in Series C funding led by ICONIQ Growth.

Deloitte Buys HashedIn Technologies: Details About The Deal

By Annie Baker ● Dec 9, 2020

Deloitte Consulting recently announced it is buying HashedIn Technologies Private Limited. These are the details.

Apple Makes Changes To Self-Driving Vehicle Leadership Team: REPORT

By Amit Chowdhry ● Dec 9, 2020

Apple Inc (NASDAQ: AAPL) has made some managerial changes to its self-driving car operations, according to Bloomberg. These are the details.

Why Affirm Is Buying PayBright For CAN$340 Million

By Amit Chowdhry ● Dec 9, 2020

Affirm announced recently that it has entered into a definitive agreement to acquire PayBright for C$340 million. These are the details.

Insurance Compliance As A Service Company AgentSync Secures $6.7 Million

By Noah Long ● Dec 9, 2020

AgentSync -- a company that is modernizing the tools and infrastructure powering the insurance industry -- announced that it has raised $6.7 million in seed extension. These are the details.

Scale Venture Partners Closes New $600 Million Fund

By Amit Chowdhry ● Dec 8, 2020

Scale Venture Partners recently announced that it closed the Scale Venture Partners Fund VII with $600 million in committed capital.

Universal Code Search Company Sourcegraph Raises $50 Million

By Dan Anderson ● Dec 8, 2020

Sourcegraph — a leader in Universal Code Search — announced that it has raised $50 million in Series C funding led by Sequoia Capital

Bling Capital Closes $113 Million For Two New Funds

By Amit Chowdhry ● Dec 8, 2020

Bling Capital — a venture firm led by Benjamin Ling — has closed $113 million in capital commitments across two new funds.

PhonePe Raising $700 Million At $5.5 Billion Valuation

By Amit Chowdhry ● Dec 8, 2020

PhonePe — an India-based digital payments company within Walmart’s Flipkart — announced it was planning to raise $700 million from existing investors at a valuation of $5.5 billion.

Why Cisco (CSCO) Is Buying IMImobile (IMO) For $730 Million

By Amit Chowdhry ● Dec 8, 2020

Cisco (NASDAQ: CSCO) and IMImobile PLC (AIM: IMO) recently announced that they have reached an agreement where Cisco will buy IMImobile for about $730 million.

Why JPMorgan Asset Management Is Buying 55ip

By Amit Chowdhry ● Dec 8, 2020

J.P. Morgan Asset Management recently announced it entered into a definitive agreement to buy 55ip. These are the details.

E-Commerce Fulfillment Company ShipMonk Raises $290 Million

By Annie Baker ● Dec 7, 2020

ShipMonk — a leading provider of e-commerce fulfillment and technology solutions — announced it has raised a $290 million growth equity round led by Summit Partners.