Enterprise

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.

Why Square Is Buying $50 Million Worth Of Bitcoin

By Amit Chowdhry ● Oct 12, 2020

Square, Inc. (NYSE: SQ) recently announced it is buying about 4,709 bitcoins at an aggregate price of $50 million. These are the details.

Microsoft (MSFT) To Allow More Employees To Work From Home Permanently

By Amit Chowdhry ● Oct 11, 2020

Microsoft Corporation (NASDAQ: MSFT) recently announced plans to deploy a new flexible workplace setup. These are the details.

Why Honeywell (HON) Is Buying Rocky Research

By Amit Chowdhry ● Oct 11, 2020

Honeywell (NYSE: HON) recently announced it is buying Boulder City, Nevada-based technology leader Rocky Research. These are the details.

Social Fintech Company Clair Raises $4.5 Million

By Annie Baker ● Oct 10, 2020

Clair announced it has raised a $4.5 million seed round led by Upfront Ventures. These are the details.

Why Infosys (INFY) Is Buying Blue Acorn iCi

By Dan Anderson ● Oct 10, 2020

Digital services and consulting company Infosys (NYSE: INFY) has announced a definitive agreement to buy Blue Acorn iCi. These are the details.

Rumor: AMD May Buy Xilinx For Over $30 Billion (AMD, XLNX)

By Amit Chowdhry ● Oct 9, 2020

Advanced Micro Devices, Inc. (NASDAQ: AMD) is reportedly planning to buy Xilinx, Inc. (NASDAQ: XLNX) for as much as $30 billion. These are the details.

Twilio (TWLO) Reportedly Planning To Buy Segment For $3.2 Billion

By Amit Chowdhry ● Oct 9, 2020

Cloud communications giant Twilio Inc (NYSE: TWLO) is reportedly planning to buy customer data infrastructure company Segment for $3.2 billion. These are the details.

Greycroft Raises Over $678 Million Across Two New Funds

By Amit Chowdhry ● Oct 9, 2020

Leading venture capital firm Greycroft has announced it has raised over $678 million across two new funds.

Doppler: $2.3 Million Funding And Launching Of Universal Secrets Manager

By Annie Baker ● Oct 9, 2020

Universal Secrets Manager Doppler has raised $2.3 million in seed funding led by Sequoia Capital.

Unqork: $207 Million Funding And $2 Billion Valuation

By Amit Chowdhry ● Oct 9, 2020

No-code startup Unqork recently announced a $207 million Series C round of funding at about a $2 valuation.

AccessFintech Secures $20 Million in Series B Financing

By Dan Anderson ● Oct 9, 2020

Fintech-based data and workflow collaboration company AccessFintech announced it has raised $20 million.

Walmart (WMT) To Start Selling Health Insurance Plans Next Week

By Amit Chowdhry ● Oct 8, 2020

Walmart Inc (NYSE: WMT) announced it is going to start offering Medicare plans starting next week.

Draper Goren Holm Launches $25 Million Blockchain VC Fund

By Amit Chowdhry ● Oct 8, 2020

Los Angeles-based studio Draper Goren Holm has raised its first venture fund with $25 million (Fund 1) for investing in seed and Series A rounds.

Nextdoor Appoints John Hope Bryant and Andrea Wishom To Its Board of Directors

By Amit Chowdhry ● Oct 8, 2020

Nextdoor announced the appointment of John Hope Bryant and Andrea Wishom to its Board of Directors.

Why Justworks Is Buying Boomr

By Dan Anderson ● Oct 8, 2020

Justworks has announced the acquisition of Boomr. These are the details about the deal.

Unified Lineage Platform MANTA Raises $13 Million

By Dan Anderson ● Oct 8, 2020

MANTA — a unified data lineage platform provider — announced it has closed a $13 million Series A1 funding round led by Bessemer Venture Partners.