Enterprise

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.

FedEx (FDX) Is Hiring 70,000 Workers For ‘Unprecedented’ Holiday Shipping Season

By Annie Baker ● Sep 5, 2020

FedEx Corporation (NYSE: FDX) is ramping up for the high demand for holiday shopping. And the company is planning to hire as many as 70,000 seasonal workers.

eBay Partners With UPS For New Shipping Options

By Dan Anderson ● Sep 5, 2020

eBay Inc (NASDAQ: EBAY) is partnering with United Parcel Service, Inc. (NYSE: UPS) to offer more shipping options for eBay sellers.

Harry and Meghan Sign Major Deal With Netflix

By Amit Chowdhry ● Sep 4, 2020

Netflix (NASDAQ:NFLX) has reportedly signed a deal with the Duke and Duchess of Suffolk: Prince Harry and Meghan Markle.

Why EPAM Systems Is Buying Ricston

By Amit Chowdhry ● Sep 4, 2020

EPAM Systems, a leading global provider of digital platform engineering and software development services, announced recently that it acquired Ricston. These are the details.

Synopsys (SNPS) Appoints Jeannine Sargent To Board of Directors

By Amit Chowdhry ● Sep 4, 2020

Synopsys, Inc. (Nasdaq: SNPS) announced recently that it appointed Jeannine Sargent to its board of directors.

GM And Honda Sign Strategic Partnership

By Noah Long ● Sep 4, 2020

General Motors Company (NYSE: GM) and Honda Motor Co. (NYSE: HMC) recently signed a non-binding memorandum of understanding for establishing a North American automotive alliance.

Evogene (EVGN) Raises $10 Million In Equity Led Investment From ARK And Alpha Capital

By Amit Chowdhry ● Sep 3, 2020

Leading computational biology company Evogene Ltd. (NASDAQ: EVGN) (TASE: EVGN.TA) announced it has raised $10 million in equity led investment from ARK Investment Management and Alpha Capital Anstalt.

Remote Developer Platform Turing Raises $14 Million In Seed Funding Round

By Amit Chowdhry ● Sep 3, 2020

Turing.com — an automated platform that lets companies cut the time it takes to hire software engineers from months to days — announced recently that it raised a $14 million seed funding round.

Skillz To Go Public At $3.5 Billion Valuation Through Deal With Flying Eagle Acquisition (FEAC)

By Amit Chowdhry ● Sep 3, 2020

Skillz and Flying Eagle Acquisition Corp. (NYSE: FEAC), a publicly-traded special purpose acquisition company (SPAC) announced to a business combination that will result in Skillz becoming a publicly-listed company.

Auto Shop Software Company Shopmonkey Raises $25 Million

By Dan Anderson ● Sep 3, 2020

Shopmonkey — a software company that serves the automotive industry — announced that it has raised $25 million in Series B funding led by Bessemer Venture Partners.

Walmart Unveils Details About Walmart+ Subscription Service

By Amit Chowdhry ● Sep 2, 2020

Walmart recently announced details about its new membership program, which combines in-store and online benefits in order to save money for its customers.

ReliaQuest Raises More Than $300 Million In Growth Financing

By Dan Anderson ● Sep 2, 2020

ReliaQuest — an advanced cybersecurity managed service and intelligence platform for global enterprises — announced that it has raised more than $300 million.

Reid Hoffman, Mark Pincus, And Michael Thompson Looking To Raise $600 Million For SPAC

By Amit Chowdhry ● Sep 2, 2020

Reid Hoffman, Mark Pincus, and Michael Thompson have launched a new special purpose acquisition company (SPAC) called Reinvent Technology Partners.

CD&R Buying Epicor Software From KKR For $4.7 Billion

By Dan Anderson ● Sep 1, 2020

Clayton, Dubilier & Rice, KKR & Co Inc (NYSE: KKR), and Epicor Software Corporation recently announced a definitive agreement where CD&R funds will buy Epicor from KKR for $4.7 billion.

PayPal (PYPL) Announces ‘Pay In 4’ Installment Solutions

By Amit Chowdhry ● Sep 1, 2020

Paypal Holdings Inc (NASDAQ: PYPL) recently announced "Pay in 4," which is a short-term installment offering for customers in the U.S.

Data Streaming Platform Narrative Closes $8.5 Million

By Noah Long ● Aug 31, 2020

Narrative — a software company that radically simplifies the acquisition and distribution of data announced it has raised an $8.5 million Series A funding round led by G20 Ventures.

Organizational Management Platform ChartHop Secures $14 Million

By Amit Chowdhry ● Aug 31, 2020

Organizational management platform ChartHop recently announced it raised $14 million in a Series A round of funding led by Andreessen Horowitz.

Strategic Financing Tools Company Stratify Raises $4.9 Million

By Annie Baker ● Aug 31, 2020

Stratify — a company that is focused on bringing a collaborative and connected approach to strategic finance — announced that it has raised $4.9 million in a Series Seed investment.

Esusu: How This Company Is Dismantling Barriers To Housing

By Amit Chowdhry ● Aug 30, 2020

Esusu, a leading platform that is dismantling barriers to housing, announced it has closed $2.3 million in seed extension funding.

Social Investing App Public.com Secures Funding From Scott Galloway

By Amit Chowdhry ● Aug 30, 2020

Social investing app Public.com announced it has secured funding from Scott Galloway.

AI/ML Model Management Company Verta Raises $10 Million

By Amit Chowdhry ● Aug 30, 2020

AI/ML model management and operations company Verta announced it has raised $10 million in Series A funding led by Intel Capital.

Why ConsenSys Is Buying The Quorum Platform From JPMorgan

By Amit Chowdhry ● Aug 30, 2020

ConsenSys recently announced the acquisition of Quorum, an enterprise-variant of the Ethereum blockchain developed by JPMorgan Chase & Co. (NYSE: JPM).

KKR & Co: Suzanne Donohoe Promoted To Global Head of Strategic Growth

By Annie Baker ● Aug 30, 2020

KKR & Co Inc (NYSE: KKR) recently announced it has promoted Suzanne Donohoe to a new role as the firm’s first Global Head of Strategic Growth.

Ross Levinsohn Named CEO Of Maven

By Noah Long ● Aug 30, 2020

Maven (OTC: MVEN) recently announced the evolution of its leadership and a new round of investment. Ross Levinsohn — the current CEO of Sports Illustrated media — will expand his role and become Maven CEO.

Infosys (INFY): Major Partnership With Genesys Signed And New Helpdesk Automation Solutions

By Dan Anderson ● Aug 30, 2020

Infosys (NYSE: INFY) — a global leader in next-generation digital services and consulting — has announced a new partnership with Genesys and the launch of AI-driven 'Cognitive Email Workbench' solution.