Enterprise

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.

JBT Corporation Names Brian Deck As Interim President And CEO

By Dan Anderson ● Sep 25, 2020

JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food & beverage industry, announced Brian Deck has been named interim President and CEO.

Bright Health: $500 Million In Series E Funding And $1.2 Billion In Net Revenue

By Amit Chowdhry ● Sep 24, 2020

Bright Health — a company that is defining the future of healthcare by integrating financing, care delivery, and technology — announced it has raised $500 million in Series E funding and the company is now hitting $1.2 billion in net revenue.

The Chainsmokers Launch A VC Firm Called Mantis With $35 Million In Commitments

By Amit Chowdhry ● Sep 24, 2020

The Chainsmokers have launched a new venture capital firm called Mantis, which has $35 million in commitments from investors like Mark Cuban, Keith Rabois, Jim Coulter, and Ron Conway.

KKR Acquires 1-800 Contacts From AEA In A Deal Reported At Over $3.1 Billion

By Amit Chowdhry ● Sep 24, 2020

Private equity company KKR & Co Inc (NYSE: KKR) announced it is buying contact lens company 1-800 Contacts from AEA Investors.

No-Code AI-Powered Platform EasySend Raises $16 Million

By Annie Baker ● Sep 23, 2020

No-code AI-powered platform EasySend announced it has raised $16 million in Series A funding led by Hanaco.

Intel (INTC) Names Saf Yeboah-Amankwah As SVP And Chief Strategy Officer

By Amit Chowdhry ● Sep 23, 2020

Intel Corporation (NASDAQ: INTC) recently announced it has appointed Safroadu (Saf) Yeboah-Amankwah as SVP and chief strategy officer.

Mirakl: $300 Million And $1.5 Billion Valuation

By Amit Chowdhry ● Sep 23, 2020

Mirakl — a marketplace SaaS platform that empowers both B2B and B2C organizations to launch and grow an enterprise marketplace at scale — announced that it has raised $300 million in funding.

Enterprise-Grade AI Technology Company Beyond Limits Raises $133 Million

By Annie Baker ● Sep 23, 2020

Beyond Limits — an industrial and enterprise-grade AI technology company built for the most demanding sectors — announced it raised a $113 million Series C funding round and another $20 million committed.

Citigroup (C): Over $1 Billion In Strategic Initiatives To Close Racial Wealth Gaps

By Dan Anderson ● Sep 23, 2020

Citigroup Inc (NYSE: C) and the Citi Foundation today announced over $1 billion in strategic initiatives to help close the racial wealth gap.

Comcast (CMCSA): Trian Fund Management Buys $870 Million Stake

By Dan Anderson ● Sep 22, 2020

Activist investor company Trian Fund Management LP has bought a stake in Comcast (NASDAQ: CMCSA) valued at about $870 million.

Walmart (WMT) And Goldman Sachs (GS) Partner To Offer Capital To Marketplace Sellers

By Amit Chowdhry ● Sep 22, 2020

Walmart Inc (NYSE: WMT) revealed it is partnering with Goldman Sachs Group Inc (NYSE: GS) to offer lines of credit to marketplace sellers.

How Nasdaq (NDAQ) Plans To Advance Inclusive And Diversity Growth

By Amit Chowdhry ● Sep 22, 2020

Nasdaq Inc (NASDAQ: NDAQ) recently announced a new “Purpose Initiative” — which is designed to support women and underrepresented minority communities with the resources needed to grow and sustain their businesses

Equinix (EQIX): Significant Partnership With VMware (VMW) Expanded

By Dan Anderson ● Sep 22, 2020

Global interconnection and data center company Equinix, Inc. (Nasdaq: EQIX) announced that it is expanding on a collaboration with VMware, Inc. (NYSE: VMW).

Why Ericsson Is Buying Cradlepoint For $1.1 Billion

By Annie Baker ● Sep 22, 2020

Ericsson (NASDAQ: ERIC) recently announced it agreed to buy Cradlepoint, which is the US-based market leader in Wireless Edge WAN 4G and 5G Enterprise solutions. These are the details.

Silicon Labs (SLAB) And Amazon (AMZN) Partnering On Shared Network For IoT Devices

By Noah Long ● Sep 22, 2020

Silicon and software solutions company Silicon Labs (NASDAQ: SLAB) announced it is partnering with Amazon.com, Inc. (NASDAQ: AMZN) to support Amazon Sidewalk.