Enterprise

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.

Why Morgan Stanley (MS) Is Buying Eaton Vance (EV) For $7 Billion

By Amit Chowdhry ● Oct 8, 2020

Morgan Stanley (NYSE: MS) and Eaton Vance Corp. (NYSE: EV) have announced a $7 billion acquisition deal. These are the details.

Why Accenture (ACN) Is Buying Myrtle Consulting Group And Avenai

By Amit Chowdhry ● Oct 7, 2020

Accenture (NYSE: ACN) announced a couple of acquisitions: Myrtle Consulting Group and Avenai. These are the details.

Infosys (INFY) Launches Automated Data Science Platform For Supporting Public Health Agencies

By Dan Anderson ● Oct 7, 2020

Infosys Public Services -- a US-based subsidiary of Infosys (NYSE: INFY) -- announced the Infosys Health Insights Platform (IHIP). These are the details.

E-Commerce Experience Platform Company Shogun Closes $35 Million

By Amit Chowdhry ● Oct 7, 2020

Shogun -- a leading e-commerce experience platform (eXP) -- announced that it has raised a $35 million Series B round of funding led by Accel.

Education Technology Company Empowerly Secures $1.6 Million

By Noah Long ● Oct 7, 2020

Empowerly — a data-driven education technology startup for college admissions — announced it has raised $1.6 million.

Why 10X Genomics (TXG) Acquired ReadCoor And CartaNA AB

By Amit Chowdhry ● Oct 7, 2020

10X Genomics Inc (NASDAQ: TXG) recently announced it entered into a definitive agreement to buy ReadCoor. And this deal comes on the heels of 10X buying CartaNA AB.

Dialpad: $100 Million Funding, $1.2 Billion Valuation, Over $100 Million In Committed ARR

By Amit Chowdhry ● Oct 7, 2020

AI-powered cloud business phone and contact center provider Dialpad announced it has raised $100 million in Series E funding at a valuation of over $1.2 billion.

Customer Education Platform Skilljar Raises $33 Million

By Amit Chowdhry ● Oct 7, 2020

Leading Customer Education Platform Skilljar announced it has raised $33 million in funding. These are the details.