Enterprise

Cybersecurity Validation Company Pcysys Raises $25 Million

By Annie Baker ● Sep 11, 2020

Cybersecurity validation company Pcysys has announced that it has completed a $25 million Series B round of funding led by Insight Partners.

Netflix (NFLX): Reed Hastings Releases New Book And Key Content Team Changes

By Amit Chowdhry ● Sep 11, 2020

This past week, Netflix Inc (NASDAQ: NFLX) co-CEO Reed Hastings released a new book and the company announced key changes for its content team.

Walt Disney Co (DIS): Goal To Reopen Over Half Of Hotels By End Of Year And Pleased With ‘Mulan’ Results

By Dan Anderson ● Sep 11, 2020

Walt Disney Co (NYSE: DIS) announced it has a plan to reopen over half of its hotels by the end of the year. And the company has been pleased with the Mulan results.

Sumo Logic Plans To Raise Over $310 Million In IPO

By Amit Chowdhry ● Sep 11, 2020

Machine data analytics company Sumo Logic is planning to raise over $310 million in a U.S. initial public offering (IPO). These are the details.

How Bank of America (BAC) Is Directing $300 Million To Advance Racial Equality

By Dan Anderson ● Sep 11, 2020

This is how Bank of America Corp (NYSE: BAC) is directing $300 million out of the $1 billion commitment to advance racial equality and economic opportunity.

Infoblox Receives Significant Investment From Warburg Pincus

By Noah Long ● Sep 11, 2020

Infoblox — a leader in Secure Cloud-Managed Network Services — announced that it has secured a significant investment from Warburg Pincus.

Fortive (FTV) Subsidiary Fluke Leads Investment In Everactive

By Amit Chowdhry ● Sep 11, 2020

Fluke Corporation, a subsidiary of Fortive Corporation (NYSE: FTV) recently announced that it led an investment in Everactive.

IBM Signs Noteworthy Deals With Schlumberger (SLB) And ESPN

By Amit Chowdhry ● Sep 10, 2020

IBM (NYSE: IBM) has signed noteworthy deals with Schlumberger NV (NYSE: SLB) and ESPN. These are the details.

Why Progress (PRGS) Is Buying Chef For $220 Million In Cash

By Amit Chowdhry ● Sep 10, 2020

Progress recently announced it entered an agreement to buy Chef for $220 million in cash. This is why.

Collaborative SQL Editor PopSQL Raises $3.4 Million

By Dan Anderson ● Sep 10, 2020

PopSQL -- a collaborative SQL editor for teams -- announced that it has raised $3.4 million in seed funding led by Gradient Ventures.

Why BMC Is Buying Alderstone

By Noah Long ● Sep 10, 2020

BMC -- a global leader in IT solutions for the Autonomous Digital Enterprise -- recently announced the signing of a definitive agreement to buy Alderstone

B2B Payments Company Melio Closes $144 Million

By Amit Chowdhry ● Sep 10, 2020

B2B payments company Nekui announced it has raised $144 million. These are the details.

Legal Entity Management Software Company Athennian Raises $10 Million CAD

By Amit Chowdhry ● Sep 9, 2020

Athennian, developers of the leading cloud-based legal entity management software, announced that it has raised $8 million in Series A funding.

SaaS Ventures Launches Second Fund And Raises $20 Million In First Close

By Amit Chowdhry ● Sep 9, 2020

SaaS Ventures has launched a second fund (Fund II), which held an initial closing with $20 million of commitments.

Brightspark: Third Closing Of Fund At $60 Million

By Amit Chowdhry ● Sep 9, 2020

Brightspark Capital announced the third close of its new Brightspark Canadian Opportunities Fund (BCOF) with commitments of $60 million towards an ultimate fund size of $75 million.

TikTok Parent Company ByteDance Acquires UIPay

By Amit Chowdhry ● Sep 9, 2020

ByteDance -- the parent company of TikTok -- has acquired third-party payment company UIPay. These are the details.

Brazilian Fintech Neon Raises $300 Million

By Amit Chowdhry ● Sep 9, 2020

Leading Brazilian fintech Neon Pagamentos recently announced that it raised $300 million in a Series C led by General Atlantic. These are the details.

Why Dialpad Is Buying Video Conferencing Company Highfive

By Noah Long ● Sep 9, 2020

Dialpad — a cloud-native business communications platform company powered by Voice Intelligence — announced that it has acquired video conferencing company Highfive. These are the details.

BlackBerry (BB) Signs Notable Deal With StradVision

By Dan Anderson ● Sep 9, 2020

BlackBerry Ltd (NYSE: BB) (TSX:BB) recently announced StradVision will be utilizing the QNX Software Development Platform within a number of next-generation Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV) from South Korean automakers.

Samsung Signs $6.65 Billion Deal With Verizon For 5G Networks

By Annie Baker ● Sep 9, 2020

Samsung has signed a $6.65 billion network deal with Verizon. These are the details.

Why Salesforce.com (CRM) Is Buying Mobify

By Amit Chowdhry ● Sep 8, 2020

Salesforce.com, inc. (NYSE: CRM) has signed a definitive agreement to buy Mobify. These are the details.

Owl Ventures Closes $585 Million In New Funds

By Amit Chowdhry ● Sep 8, 2020

Owl Ventures -- the largest venture capital fund in education technology -- recently announced that it closed $585 million across two new funds.

How T-Mobile (TMUS) Is Helping Millions Of Underserved Student Households

By Dan Anderson ● Sep 8, 2020

T-Mobile Us Inc (NASDAQ: TMUS) recently announced it has launched Project 10Million, which is a $10.7 billion initiative aimed at delivering internet connectivity to millions of underserved student households at no cost to them.

Patreon: $90 Million Funding, $1.2 Billion Valuation, $2 Billion For Creators To Date

By Amit Chowdhry ● Sep 7, 2020

Patreon announced this week that it has raised $90 million in a round of funding at a valuation of $1.2 billion. And the company has paid out $2 billion for creators to date.

Why Infosys (INFY) Is Buying Kaleidoscope Innovation For Up To $42 Million

By Dan Anderson ● Sep 7, 2020

Next-generational digital services and consulting company Infosys (NYSE: INFY) recently announced a definitive agreement to acquire Kaleidoscope Innovation. These are the details.

Why Episerver Is Buying Optimizely

By Dan Anderson ● Sep 7, 2020

Digital experience platform company Episerver announced that it has entered into a definitive agreement to acquire Optimizely. These are the detail.

SAP Supervisory Board Appointing Sabine Bendiek As Executive Board Member

By Annie Baker ● Sep 6, 2020

SAP SE (NYSE: SAP) recently announced that Microsoft Germany Management Board Chairwoman Sabine Bendiek has been appointed to join the SAP Executive Board as chief people officer and labor director in early 2021.

Coca-Cola Co (KO) Reveals Key Leadership Changes

By Amit Chowdhry ● Sep 6, 2020

Coca-Cola Co (NYSE: KO) recently announced several major leadership changes. These are some of the changes that were revealed.

Tanium: Former Ford CEO Mark Fields Joins Board

By Amit Chowdhry ● Sep 5, 2020

Tanium -- the provider of unified endpoint management and security built for the world's most demanding IT environments -- announced that former Ford Motor Company chief executive officer Mark Fields has joined the board of Tanium as its lead independent director.

Humana (HUM) Signs Deal With Salesforce (CRM) For Personalized Healthcare Initiative

By Amit Chowdhry ● Sep 5, 2020

Global CRM leader Salesforce (NYSE: CRM) has announced a multi-year agreement with Humana Inc. (NYSE: HUM) — which is a leading health and well-being company to deliver personalized healthcare experiences for its members.