Enterprise

Financial Technology Company StreetShares Raises $10 Million

By Dan Anderson ● Oct 23, 2020

StreetShares, a mission-driven financial technology company, announced they secured a $10 million round of funding.

Yext Names Hillary Smith To Board Of Directors

By Annie Baker ● Oct 23, 2020

Search Experience Cloud company Yext, Inc. (NYSE: YEXT) announced it named Hillary Smith to its Board of Directors, effective October 21, 2020.

Microsoft (MSFT) And Honeywell (HON) Partner On AI-Driven Autonomous Controls

By Amit Chowdhry ● Oct 23, 2020

This week, Microsoft Corporation (NASDAQ: MSFT) and Honeywell International Inc. (NYSE: HON) have formed a new collaboration. These are the details.

Why Cognizant (CTSH) Is Buying Bright Wolf

By Noah Long ● Oct 22, 2020

Cognizant (Nasdaq: CTSH) recently announced it is buying Bright Wolf. These are the details about the deal.

Arctic Wolf: $200 Million Funding, $1.3 Billion Valuation, Headquarters Moving To Eden Prairie

By Amit Chowdhry ● Oct 22, 2020

Security operations leader Arctic Wolf announced it raised $200 million in Series E funding at a valuation of $1.3 billion.

Satellite Analytics Company AiDash Raises $6 Million

By Dan Anderson ● Oct 22, 2020

Leading satellite analytics company AiDash announced it has raised $6 million in Series A funding led by Benhamou Global Ventures and National Grid Partners.

Amazon (AMZN) To Invest $100 Million In Mexico-Based Logistics

By Amit Chowdhry ● Oct 22, 2020

Amazon.com, Inc. (NASDAQ: AMZN) announced it will be investing $100 million in new warehouses across Mexico. These are the details.

Quibi To Shut Down

By Amit Chowdhry ● Oct 22, 2020

Short-form video company Quibi is shutting down. These are the details.

Intelligent Website Optimization Company Intellimize Closes $12 Million

By Noah Long ● Oct 22, 2020

Intellimize -- the leader in AI-driven intelligent website optimization -- announced it has raised $12 million in additional funding led by Addition.

Tekion: $150 Million Funding And Over $1 Billion Valuation

By Annie Baker ● Oct 22, 2020

Tekion -- a cloud technology company and provider of SaaS retail operating platform (aka DMS), Automotive Retail Cloud -- announced it has raised $150 million in Series C funding.

No-Code Tools Platform Unit21 Closes $13 Million

By Annie Baker ● Oct 21, 2020

Unit21 — a platform of no-code tools for risk and compliance teams — announced it has raised $13 million in funding led by A.Capital Ventures. These are the details.

Perch Raises $123.5 Million Led By Spark Capital

By Noah Long ● Oct 21, 2020

Perch — a technology-driven commerce company that buys and operates top Amazon Marketplace businesses with top products in their respective categories — announced it has raised $123.5 million in a new round of funding.

Security Workflow Platform Sym Secures $9 Million

By Annie Baker ● Oct 21, 2020

Sym, a security workflow platform for engineers, announced it raised $9 million in a Series A funding round led by Amplify Partners.

Why Splunk (SPLK) Is Buying Plumbr And Rigor

By Amit Chowdhry ● Oct 21, 2020

Data-to-Everything Platform company Splunk Inc. (NASDAQ: SPLK) announced recently that it has acquired application performance monitoring company Plumbr and digital experience monitoring company Rigor.

Goldman Sachs Merchant Banking Division Commits $500 Million To Form Data Center Platform Global Compute

By Amit Chowdhry ● Oct 21, 2020

The Goldman Sachs Merchant Banking Division (GS MBC) announced it has partnered with a seasoned management team — which is led by long-time data center industry executive Scott Peterson in order to form Global Compute Infrastructure LP.

Pinterest (PINS): Salaam Coleman Smith Joins Board

By Amit Chowdhry ● Oct 21, 2020

Pinterest Inc (NYSE: PINS) has announced that it has appointed Salaam Coleman Smith to its board of directors, effective October 31, 2020. These are the details.

Pioneer Natural Resources (PXD) Buying Parsley Energy (PE) In $7.6 Billion Deal

By Amit Chowdhry ● Oct 20, 2020

Pioneer Natural Resources Co (NYSE: PXD) announced today that it entered into a definitive agreement under which Pioneer is going to acquire all of the outstanding shares of Parsley Energy, Inc. (NYSE:PE) in an all-stock transaction.

Leaf Group (LEAF): Brian Gephart Named Permanent CFO

By Annie Baker ● Oct 20, 2020

Today Leaf Group Ltd (NYSE: LEAF) announced that it appointed Brian Gephart as permanent chief financial officer, effective on October 16.

Hertz (HTZ): Alexandra Brooks Named Chief Accounting Officer

By Amit Chowdhry ● Oct 20, 2020

Hertz Global Holdings Inc (NYSE: HTZ) announced Alexandra Brooks has been appointed to senior vice president and chief accounting officer.

AP Payments As A Service Finexio Raises $23 Million

By Noah Long ● Oct 20, 2020

Finexio — a growing AP payments as a service platform — announced it has raised $23 million in funding led by Medalist Partners.

T-Mobile Us (TMUS) Raising $4.75 Billion In Notes Offering

By Dan Anderson ● Oct 20, 2020

Wireless service company T-Mobile Us Inc (NASDAQ: TMUS) announced it is going to sell $4.75 billion aggregate amount of senior secured notes in four series

Microservices Orchestration Platform Temporal Closes $18.75 Million

By Annie Baker ● Oct 20, 2020

Temporal — a maker of an open-source, stateful, microservices orchestration platform — announced it has raised $18.75 million in Series A funding

Intel (INTC) To Sell Memory Chip Unit To SK hynix For $9 Billion

By Amit Chowdhry ● Oct 20, 2020

Intel Corporation (NASDAQ: INTC) announced it agreed to sell the NAND memory and storage operations to SK Hynix Inc (KRX: 000660) for $9 billion. These are the details.

Public Cloud Security Company Sonrai Security Raises $20 Million

By Dan Anderson ● Oct 20, 2020

Public cloud security leader Sonrai Security announced it has raised $20 million in Series B funding.

Software-Defined Management Automation Company Hyperscience Raises $80 Million

By Noah Long ● Oct 19, 2020

Hyperscience announced it has $80 million in Series D funding led by Tiger Global. These are the details.

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.