Enterprise

Non-Addictive Pain Management Company Vivera Pharmaceuticals Raises $440 Million

By Annie Baker ● Dec 2, 2020

Vivera Pharmaceuticals and Burkhan World recently announced $440 million in financial backing by JR Dallas Wealth Management in support of Vivera's global growth strategies.

Why ServiceNow (NOW) Is Buying Element AI

By Amit Chowdhry ● Dec 2, 2020

ServiceNow (NYSE: NOW) recently announced it has signed an agreement to buy Element AI. These are the details.

Why Jacobs Is Buying A Majority Stake In PA Consulting

By Dan Anderson ● Dec 2, 2020

Jacobs (NYSE:J) and PA Consulting — a leading innovation and transformation consulting firm — announced recently that they will form a strategic partnership in which Jacobs will acquire a 65% stake in PA.

Industrial Robotics Company Percepto Raises $45 Million

By Annie Baker ● Dec 2, 2020

Percepto — a company that is pioneering autonomous inspection by industrial robotics — announced recently that it raised $45 million in a Series B round of funding.

Contour Venture Partners Closes $82 Million Fourth Seed Fund

By Noah Long ● Dec 2, 2020

New York City-based seed-stage venture capital firm Contour Venture Partners recently announced it closed Contour Venture Partners IV with $82 million of capital commitments.

Home Insurance Company Hippo Enterprises Raises $350 Million

By Dan Anderson ● Dec 2, 2020

Hippo Enterprises — a high-growth insurtech group that is transforming the home insurance industry — announced recently that it raised $350 million in funding from Mitsui Sumitomo Insurance Company.

Salesforce Confirms $27.7 Billion Acquisition Of Slack: Details

By Amit Chowdhry ● Dec 2, 2020

Salesforce and Slack have entered into a definitive agreement under which Salesforce will acquire Slack for $27.7 billion. These are the details.

Smart Window Company View To Merge With CF Finance Acquisition Corp II (CFII)

By Dan Anderson ● Dec 1, 2020

Smart window company View and CF Finance Acquisition Corp. II — a special purpose acquisition company (SPAC) sponsored by Cantor Fitzgerald — announced they have entered into a definitive merger agreement to take View public.

S&P Global (SPGI) To Buy IHS Markit (INFO) In $44 Billion Deal

By Amit Chowdhry ● Nov 30, 2020

S&P Global Inc (NYSE: SPGI) and IHS Markit Ltd (NYSE: INFO) announced they have entered into a definitive merger agreement to combine in an all-stock transaction that values IHS Markit at an enterprise value of $44 billion.

Current: $131 Million Funding And $750 Million Valuation

By Noah Long ● Nov 30, 2020

Current -- a leading U.S. challenger bank serving Americans overlooked by traditional banks -- announced recently that it raised $131 million in Series C funding.

Bertelsmann Acquiring Simon & Schuster For $2.18 Billion

By Amit Chowdhry ● Nov 29, 2020

German media company Bertelsmann SE announced it is buying Simon & Schuster from ViacomCBS for $2.18 billion in an all-cash deal. These are the details.

Why Splunk Is Buying Flowmill

By Amit Chowdhry ● Nov 29, 2020

Splunk Inc. (NASDAQ: SPLK) — a provider of the Data-to-Everything Platform announced recently it has signed a definitive agreement to buy Flowmill. These are the details about the deal.

Why CoStar Is Buying Homesnap For $250 Million

By Amit Chowdhry ● Nov 28, 2020

CoStar Group, Inc. (NASDAQ: CSGP) — a leading provider of commercial real estate information, analytics, and online marketplaces — announced recently that it has reached an agreement to acquire Homesnap for $250 million. These are the details.

Why Merck (MRK) Is Buying OncoImmune For $425 Million

By Amit Chowdhry ● Nov 27, 2020

Merck recently announced it is buying OncoImmune for $425 million in cash. These are the details about the deal.

Ford (F) Hires Suzy Deering As New Global CMO

By Amit Chowdhry ● Nov 27, 2020

Ford Motor Company (NYSE: F) recently announced it is hiring Suzy Deering as a dedicated head of Global Marketing for helping it execute a plan to unlock customer and company value. These are the details.

AvePoint To Go Public Through SPAC Merger With Apex Technology

By Amit Chowdhry ● Nov 26, 2020

AvePoint — an independent software vendor of SaaS solutions for migrating, managing, and protecting data in Microsoft 365 — announced it is going public through a merger with a special purpose acquisition company (SPAC) called Apex Technology Acquisition in a deal valued at $2 billion.

Lauren Hobart Succeeding Ed Stack As Dick’s Sporting Goods CEO

By Amit Chowdhry ● Nov 25, 2020

Dick's Sporting Goods CEO Ed Stack announced recently that he is stepping down from the company after 36 years and will be succeeded by Lauren Hobart. Stack will continue to work at the company as executive chairman and chief merchant.

Pinterest (PINS) Hires Celestine Maddy As Head Of Consumer And Brand Marketing

By Amit Chowdhry ● Nov 24, 2020

Pinterest Inc (NYSE: PINS) recently announced it has hired Celestine Maddy as the company’s head of consumer marketing. These are the details.

Andreessen Horowitz (a16z) Closes $4.5 Billion Across Two Funds

By Amit Chowdhry ● Nov 24, 2020

Andreessen Horowitz (a16z) has closed a couple of funds at a total of $4.5 billion. These are the details.

Quantum Applications Company Zapata Computing Raises $38 Million

By Annie Baker ● Nov 23, 2020

Zapata Computing — a leading enterprise software company for NISQ-based quantum applications — announced that it has raised $38 million in Series B funding.

Healthcare Data Science Platform ClosedLoop.ai Raises $11 Million

By Noah Long ● Nov 23, 2020

ClosedLoop.ai announced it has raised $11 million in Series A funding. These are the details.

Why EY Acquired Zilker Technology

By Amit Chowdhry ● Nov 22, 2020

Ernst & Young LLP (EY US) recently announced that Zilker Technology (Zilker) has joined the EY organization. These are the details.

Cloud-Native Security Platform Deepfence Closes $9.5 Million

By Dan Anderson ● Nov 22, 2020

Leading cloud-native workload protection platform Deepfence announced it has raised $9.5 million in Series A. These are the details.

Authorization Policy Management Company build.security Raises $6 Million

By Noah Long ● Nov 22, 2020

build.security — a company that is focused on authorization policy management — announced it has raised $6 million in a seed round of funding led by YL Ventures.

Human Aware Technology Company Cogito Raises $25 Million

By Annie Baker ● Nov 22, 2020

Cogito — a leader in real-time emotional intelligence solutions — announced it raised $25 million in funding led by Goldman Sachs Growth Equity (GS Growth).

Virtual Leasing And Engagement Platform Realync Raises $22 Million

By Noah Long ● Nov 21, 2020

Realync — one of the leading multifamily industry’s leading virtual leasing and engagement platforms — announced it raised $22 million in growth equity capital from Susquehanna Growth Equity.

Cloud Email Security Company Abnormal Security Secures $50 Million

By Amit Chowdhry ● Nov 21, 2020

Abnormal Security — a next-generation email security company — announced that it raised $50 million in Series B funding led by Menlo Ventures.

Behavioral Health Benefits Provider Spring Health Raises $76 Million

By Annie Baker ● Nov 21, 2020

Spring Health — a leading provider of behavioral health benefits with a comprehensive solution for employee mental well-being — announced it has raised $76 million in Series B funding led by Tiger Global.

Autonomous Deep Learning Service Company Abacus.AI Raises $22 Million

By Amit Chowdhry ● Nov 21, 2020

Abacus.AI announced it has raised $22 million in Series B funding. These are the details.

Quid Capital Group Raises $320 Million To Offer Liquidity Benefits For Startup Employees

By Noah Long ● Nov 21, 2020

Quid Capital Group, a company that offers liquidity benefits to startup employees, announced it has raised $320 million for its second fund