Enterprise

Juniper Networks (JNPR) To Buy 128 Technology For $450 Million

By Dan Anderson ● Oct 19, 2020

Networking products company Juniper Networks, Inc. (NYSE: JNPR) announced it is going to acquire 128 Technology for $450 million in cash. These are the details.

ConocoPhillips (COP) To Buy Concho Resources (CXO) In $9.7 Billion Deal

By Amit Chowdhry ● Oct 19, 2020

ConocoPhillips (NYSE: COP) announced that it is buying Concho Resources Inc (NYSE: CXO) in an all-stock deal valued at $9.7 billion. These are the details.

Modern Product Protection Company Extend Raises $40 Million

By Annie Baker ● Oct 19, 2020

Extend — a leading provider of modern product protection — announced it raised a $40 million Series B round of funding led by Meritech Capital.

Trimble Announces Several Executive Changes

By Amit Chowdhry ● Oct 19, 2020

Trimble (NASDAQ: TRMB) recently announced several new executives. These are the details.

Why Stripe Is Buying Nigeria-Based Paystack

By Amit Chowdhry ● Oct 19, 2020

Online payments platform company Stripe recently announced it is buying Lagos, Nigeria-based Paystack. These are the details.

Ray Dalio Committing $50 Million For Equal Healthcare And Education

By Amit Chowdhry ● Oct 18, 2020

Billionaire investor and Bridgewater Associates head Ray Dalio is funding a new center to address health justice.

DivcoWest Raises $2.25 Billion For Real Estate Investment Fund DivcoWest Fund VI

By Amit Chowdhry ● Oct 18, 2020

DivcoWest has announced the final closing of its latest value-add real estate investment fund DivcoWest Fund VI, which closed at about $2.25 billion in capital commitments.

Edtech Platform Fiveable Raises $2.3 Million

By Amit Chowdhry ● Oct 18, 2020

Fiveable — a company that is addressing both the challenges and opportunities within the changing education landscape has never been more top-of-mind for educators, investors, and tech leaders — announced it has raised $2.3 million in venture capital funding.

Carsharing Platform Getaround Closes $140 Million

By Noah Long ● Oct 18, 2020

Getaround — a carsharing platform that empowers users to instantly access and drive cars nearby — announced that it has raised $140 million in Series E funding.

Automated Investing App Company M1 Finance Raises $45 Million

By Dan Anderson ● Oct 18, 2020

Finance Super App M1 Finance — a company that offers automated investing, borrowing, and banking products — announced it has raised $45 million in Series C funding.

AI-Powered Platform For Presales Vivun Raises $18 Million

By Dan Anderson ● Oct 17, 2020

Vivun, an AI-powered platform for Presales that is unleashing its strategic potential and creating a seamless interlock between sales and product, announced it has raised $18 million in Series A funding led by Accel.

First Citizens BancShares (FCNCA) And CIT Group Merging, Forming Group Of Over $100 Billion In Assets

By Dan Anderson ● Oct 16, 2020

First Citizens BancShares, Inc. (NASDAQ: FCNCA) and CIT Group Inc. (NYSE: CIT) jointly announced that they have entered into a definitive agreement under which the companies will combine in an all-stock merger of equals.

Why Huron (HURN) Is Buying Salesforce Industries Partner ForceIQ

By Noah Long ● Oct 16, 2020

Global professional services company Huron (NASDAQ: HURN) announced it entered an agreement to buy ForceIQ. These are the details.

Amazon.com (AMZN): Third-Party Sellers Exceed $3.5 Billion In Sales During Prime Day

By Amit Chowdhry ● Oct 15, 2020

Amazon.com, Inc. (NASDAQ: AMZN) announced a few noteworthy figures about Prime Day 2020.

Why HealthStream (HSTM) Is Buying ShiftWizard For About $32 Million

By Dan Anderson ● Oct 15, 2020

HealthStream (Nasdaq: HSTM) recently announced it is buying ShiftWizard for $32 million. These are the details.

Spinnaker Commercialization Company Armory Raises $40 Million

By Annie Baker ● Oct 15, 2020

Armory — an enterprise software company commercializing the open source continuous delivery platform Spinnaker —announced it has raised $40 million in Series C funding led by B Capital.

True Ventures: $840 Million Closed For Two New Funds

By Amit Chowdhry ● Oct 14, 2020

True Ventures announced it has closed $840 million for two new funds. These are the details.

Computer Vision Provider Matroid Raises $20 Million

By Dan Anderson ● Oct 14, 2020

Matroid — a leading U.S. computer vision (CV) provider and leader in machine learning — announced it has raised $20 million in Series B.

Kahoot Raises $215 Million From SoftBank

By Amit Chowdhry ● Oct 14, 2020

Kahoot! AS has announced it has completed a private placement to a subsidiary of SoftBank Group, raising approximately $215 million.

Code Risk Platform apiiro Raises $35 Million

By Amit Chowdhry ● Oct 14, 2020

apiiro — a Code Risk platform that enables organizations to accelerate application and infrastructure delivery — announced it has raised $35 million in funding.

Workhorse (WKHS) Secures $200 Million Financing

By Amit Chowdhry ● Oct 13, 2020

Workhorse Group (Nasdaq: WKHS) announced it has entered into a note purchase agreement under which it will sell $200 million aggregate principal amount of its 4% Senior Secured Convertible Notes due 2024 to two institutional lenders.

Managed Security Services Company deepwatch Raises $53 Million

By Noah Long ● Oct 13, 2020

deepwatch — a leading provider of intelligence-driven managed security services — announced it has closed a $53 million Series B investment.

Cloud Cost Management Company Yotascale Raises $13 Million

By Dan Anderson ● Oct 13, 2020

Yotascale — an industry leader in next-generation cloud cost management software — announced it secured $13 million for its Series B round.

Yum! Brands Appoints DICK’S Sporting Goods (DKS) President Lauren Hobart To Board

By Amit Chowdhry ● Oct 13, 2020

Yum! Brands, Inc. (NYSE: YUM) announced it appointed DICK’S Sporting Goods (NYSE: DKS) president Lauren Hobart to its board of directors.

PwC: Blockchain Technology Could Boost Global Economy By $1.76 Trillion Within 10 Years

By Amit Chowdhry ● Oct 12, 2020

PwC has put together a report that shows that Blockchain technology has the potential to boost the global GDP by $1.76 trillion over the next decade.

Why Bandwidth (BAND) Is Buying Voxbone In A Deal Valued At Over $500 Million

By Dan Anderson ● Oct 12, 2020

Leading enterprise cloud communications company Bandwidth (NASDAQ: BAND) announced it has signed a definitive agreement to acquire Voxbone for an enterprise value of €446 million.

Why Twilio (TWLO) Is Buying Segment For $3.2 Billion

By Amit Chowdhry ● Oct 12, 2020

Twilio has confirmed it has entered into a definitive agreement to buy Segment for approximately $3.2 billion in Twilio Class A common stock. These are the details.

API Platform Company Bloom Credit Closes $13 Million

By Noah Long ● Oct 12, 2020

Bloom Credit — an API platform company that helps businesses integrate with credit bureaus for access to scores, monitoring, and furnishment products — announced it raised $13 million.

MessageBird: $200 Million Funding And $3 Billion Valuation

By Dan Anderson ● Oct 12, 2020

Leading omnichannel cloud communications platform MessageBird announced recently that it raised $200 million in Series C funding at a $3 billion valuation.

JPMorgan Chase Committing $30 Billion For Addressing Racial Wealth Gap

By Annie Baker ● Oct 12, 2020

JPMorgan Chase is pledging $30 billion to help address the racial wealth gap in the U.S. and reduce systemic racism against Black and Latinx people. These are the details.