Enterprise

SINA To Go Private In $2.59 Billion Deal

By Dan Anderson ● Sep 30, 2020

Leading Chinese social media company SINA Corp (NASDAQ: SINA) recently announced a deal to go private.

Shopify (SHOP): Management Shuffles Around As CPO Departs

By Amit Chowdhry ● Sep 29, 2020

Today Shopify Inc (NYSE: SHOP) announced several management changes. These are the details.

Facebook (FB) Promotes Alex Schultz To Chief Marketing Officer

By Amit Chowdhry ● Sep 29, 2020

Facebook, Inc. (NASDAQ: FB) announced it is promoting Alex Schultz to the role of chief marketing officer.

Cleveland-Cliffs Buying ArcelorMittal USA In Estimated $3.3 Billion Deal

By Annie Baker ● Sep 29, 2020

Cleveland-Cliffs Inc (NYSE: CLF) announced this week that it is buying the U.S. operations of ArcelorMittal (NYSE:AM) in a deal valued at about $3.3 billion.

Bed Bath & Beyond (BBBY) Hiring Anu Gupta As Chief Strategy And Transformation Officer

By Amit Chowdhry ● Sep 28, 2020

Bed Bath & Beyond Inc. (Nasdaq: BBBY) announced it has named Anu Gupta as Chief Strategy and Transformation Officer, effective October 5, 2020.

Amazon Prime Day To Happen October 13-14 (AMZN)

By Amit Chowdhry ● Sep 28, 2020

Amazon.com, Inc. (NASDAQ: AMZN) announced that it is going to launch Prime Day at Tuesday, October 13 (12 AM PT) and continue through Wednesday, October 14.

Interactive Digital Signage Company UPshow Raises $14 Million

By Amit Chowdhry ● Sep 28, 2020

UPshow — a market leader in next-generation interactive digital signage — has announced the official close of a $14 million Series A funding round led by 4490 Ventures.

Chicago-Based ShipBob Raises $68 Million In Round Led By SoftBank Vision Fund 2

By Amit Chowdhry ● Sep 28, 2020

Ecommerce enablement technology ShipBob announced that it has raised $68 million in primary funding led by SoftBank Vision Fund 2.

Devon Energy (DVN) And WPX Energy (WPX) Merging In $12 Billion Deal

By Amit Chowdhry ● Sep 28, 2020

Devon Energy (NYSE: DVN) and WPX Energy (NYSE: WPX) have announced they have entered into an agreement to combine in an all-stock merger of equals transaction in a deal valued at approximately $12 billion.

Why Crowdstrike (CRWD) Is Buying Preempt Security For About $96 Million

By Amit Chowdhry ● Sep 28, 2020

Crowdstrike Holdings Inc (NASDAQ: CRWD) — a leader in cloud-delivered endpoint and cloud workload protection — announced it has agreed to acquire Preempt Security. These are the details.

Ivanti: Strategic Acquisitions Of MobileIron (MOBL) And Pulse Secure

By Amit Chowdhry ● Sep 28, 2020

Ivanti — a company that automates IT and Security Operations to discover, manage, secure and service from cloud to edge — announced it has signed definitive agreements to acquire MobileIron (NASDAQ: MOBL) and Pulse Secure.

Fintech Credit Startup Petal Raises $55 Million

By Amit Chowdhry ● Sep 28, 2020

Petal — a credit card company created to help people build credit and spend responsibly — announced recently that it has raised a $55 million Series C round of funding.

Greenlight: $215 Million Series C Funding And $1.2 Billion Valuation

By Dan Anderson ● Sep 28, 2020

Greenlight — a fintech company that is on a mission to help parents raise financially-smart kids — recently announced a valuation above $1.2 billion after raising $215 million in Series C funding.

Attentive: $230 Million Series D Funding And $2.2 Billion Valuation

By Amit Chowdhry ● Sep 28, 2020

Personalized text messaging SaaS platform Attentive announced recently that it raised $230 million in Series D funding at a $2.2 billion valuation led by Coatue.

Seed Stage Venture Fund Peterson Ventures Raises $65 Million

By Noah Long ● Sep 28, 2020

Peterson Ventures — a founder-first seed-stage venture fund — announced that it has raised $65 million in funding.

Industrial Blockchain Network Data Gumbo Raises $4 Million

By Annie Baker ● Sep 28, 2020

Data Gumbo — a trusted industrial blockchain network — announced the first close in its Series B funding round of $4 million led by new investor L37.

Digital Insurtech Company Next Insurance Raises $250 Million

By Amit Chowdhry ● Sep 28, 2020

Leading digital insurtech company Next Insurance announced that it has raised $250 million in Series D financing led by CapitalG.

Experiential Rewards Company Blueboard Raises $9.3 Million

By Dan Anderson ● Sep 28, 2020

Blueboard — a rewards and recognition platform used to engage employees and top-performers with curated experiences — announced that it has raised a $9.3 million Series A round led by Origin Ventures.

Fisker To Launch New Technology Center In San Francisco

By Amit Chowdhry ● Sep 28, 2020

Fisker — the designer and manufacturer of eco-friendly electric vehicles and advanced mobility solutions – recently announced details about its first dedicated engineering and technology center.

Why Accenture (ACN) Is Buying N3

By Amit Chowdhry ● Sep 27, 2020

Accenture (NYSE: ACN) announced recently that it agreed to buy N3 — which is a tech-driven sales and demand-generation firm.

Stealth Cybersecurity Company Cerby Raises $3.5 Million

By Amit Chowdhry ● Sep 27, 2020

Stealth cybersecurity company Cerby announced it raised a $3.5 million seed round led by Bowery Capital.

WeWork’s Chinese Unit Raises $200 Million

By Amit Chowdhry ● Sep 27, 2020

WeWork announced it raised a $200 million $200 million follow-on investment in WeWork China led by Trustbridge Partners.

Commerce Experience Platform Salsify Raises $155 Million

By Amit Chowdhry ● Sep 27, 2020

Salsify — a leading commerce experience platform that helps brands win on the digital shelf — announced that it has raised a $155 million Series E round of financing led by Warburg Pincus.

Match Group (MTCH) Names Ayni Raimondi As VP Of Brand

By Annie Baker ● Sep 27, 2020

Match Group Inc (NASDAQ: MTCH), the company that is known for running several popular dating platforms, hired Ayni Raimondi as its VP of Brand.

Walt Disney Co (DIS) Hires Diane Jurgens As CIO

By Amit Chowdhry ● Sep 25, 2020

Walt Disney Co (NYSE: DIS) has hired Diane Jurgens as its new chief information officer. These are the details.

With Berkshire Hathaway Investment, E.W. Scripps Buying ION Media For $2.65 Billion (SSP) (BRK.A) (BRK.B)

By Amit Chowdhry ● Sep 25, 2020

With an investment from Berkshire Hathaway Inc. (NYSE: BRK.A) (NYSE: BRK.B), E. W. Scripps Co (NASDAQ: SSP) announced it is buying national broadcast network ION Media for $2.65 billion.

Intuit (INTU) Launches Business Management Platform QuickBooks Commerce

By Dan Anderson ● Sep 25, 2020

Intuit Inc. (NASDAQ: INTU) has launched QuickBooks Commerce — which is a business management platform to help small businesses attract and sell to new customers across multiple channels and grow their business.

Silicon Design Company NUVIA Raises $240 Million In Series B Funding

By Dan Anderson ● Sep 25, 2020

Leading-edge silicon design company NUVIA announced that it has raised $240 million in Series B funding.

Salesforce.com (CRM): Digital 360 And Partnership With Stripe

By Amit Chowdhry ● Sep 25, 2020

Salesforce.com, Inc. (NYSE: CRM) announced Digital 360 — which is a service that brings together key components and innovations in the Salesforce Customer 360 platform.

Why Apple (AAPL) Acquired Scout FM Earlier This Year

By Amit Chowdhry ● Sep 25, 2020

Earlier this year Apple Inc. (NASDAQ: AAPL) acquired a company that makes listening to podcasts feel like you are tuning into radio stations. These are the details.