Enterprise

Silversmith Capital Partners Raises $880 Million For Third Growth Equity Fund

By Amit Chowdhry ● Oct 5, 2020

Silversmith Capital Partners recently announced the first and final closing of its third fund called Silversmith Capital Partners III, L.P. (Fund III) at its target and hard cap of $880 million.

J.P. Morgan Asset Management Partners With SAP

By Amit Chowdhry ● Oct 5, 2020

J.P. Morgan Asset Management recently announced a new partnership with SAP (NYSE:SAP) through the Software Solution Partner Program.

Fractional Alternative Investing Company Rally Raises $27 Million

By Dan Anderson ● Oct 5, 2020

Rally — a creator of fractional alternative investing that enables anyone to invest in rare and one-of-a-kind collectibles for as little as $1 per share — has announced that it has raised a $17 million funding round that closed earlier this summer.

Why Pfizer (PFE) Is Investing $200 Million In CStone

By Annie Baker ● Oct 3, 2020

Pfizer Inc. (NYSE: PFE) subsidiaries and Cstone have announced a collaboration that involves a $200 million equity investment by Pfizer in CStone.

Zynga (ZNGA) Closes The $180 Million Rollic Deal

By Amit Chowdhry ● Oct 2, 2020

Today Zynga Inc. (Nasdaq: ZNGA) closed its $180 million deal of Istanbul-based mobile games developer Rollic.

Goldman Sachs Group (GS) Buying GM’s Credit Card Operations For $2.5 Billion, Says Report

By Amit Chowdhry ● Oct 2, 2020

Goldman Sachs Group Inc (NYSE: GS) has reportedly won the bid for the credit card business for General Motors Company (NYSE: GM) in a deal valued at $2.5 billion.

Warehouse Robotics Solutions Company Exotec Closes $90 Million

By Amit Chowdhry ● Oct 2, 2020

Exotec — a leading robotics solution for logistics and the creator of the Skypod 3D warehouse robots — announced that it has raised $90 million in funding.

Application Performance Company Pixie Labs Raises $9.15 Million And Emerges From Stealth

By Amit Chowdhry ● Oct 2, 2020

Pixie Labs announced it emerged from stealth with its first product called Pixie and it raised $9.15 million in Series A funding.

SAP To Buy Omnichannel Customer Engagement Company Emarsys

By Dan Anderson ● Oct 1, 2020

SAP SE (NYSE: SAP) has announced it has entered into an agreement to buy Emarsys. These are the details.

Why Arista Networks (ANET) Is Buying Awake Security

By Amit Chowdhry ● Oct 1, 2020

Arista Networks (NYSE:ANET) announced this week that it entered into a definitive agreement to buy Awake Security. These are the details.

Microsoft (MSFT) And Datadog (DDOG) Sign Strategic Partnership

By Amit Chowdhry ● Oct 1, 2020

Datadog, Inc. (NASDAQ: DDOG) announced this week that it signed a strategic partnership with Microsoft Corporation (NASDAQ: MSFT).

Educational Technology Company BEGiN (Known For HOMER) Raises $50 Million

By Dan Anderson ● Oct 1, 2020

BEGiN — the company known for its early learning program HOMER — announced that it has raised $50 million in a Series C funding round.

Data Science Scaling Company Coiled Raises $5 Million

By Noah Long ● Oct 1, 2020

Coiled — a modern solution for seamlessly scaling data science, machine learning, and AI in Python — announced that it has raised $5 million.

Walmart (WMT) Launching New Store Designs

By Dan Anderson ● Oct 1, 2020

Walmart Inc (NYSE: WMT) is deploying new store designs at 200 locations this fiscal year and 1,000 by next fiscal year.

Why Boxlight (BOXL) Is Buying Sahara Presentation Systems For $94.9 Million

By Annie Baker ● Sep 30, 2020

Boxlight Corporation (Nasdaq: BOXL) — a leading provider of interactive technology solutions for the global education market — recently announced it was buying Sahara Presentation Systems PLC.

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.