Enterprise

Redis Labs: $100 Million Series F Funding And Valuation Of Over $1 Billion

By Amit Chowdhry ● Aug 27, 2020

Redis Labs, the company behind the Redis open-source database and the Redis Enterprise provider, announced that it raised $100 million in Series F funding at a valuation of more than $1 billion.

Digital Workspace Company MURAL Raises $118 Million

By Noah Long ● Aug 27, 2020

MURAL — a leading digital workspace for visual collaboration in the enterprise — announced that it has closed $118 million in Series B funding led by Insight Partners.

Taiwan Semiconductor (TSM) Signs Significant Partnerships With Marvell (MRVL) And Synopsys (SNPS)

By Amit Chowdhry ● Aug 27, 2020

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM) has announced major partnerships with Marvell (NASDAQ: MRVL) and Synopsys, Inc. (NASDAQ: SNPS). These are the details about the deals.

Why Cognizant Technology Solutions (CTSH) Is Buying Tin Roof Software

By Dan Anderson ● Aug 27, 2020

Cognizant Technology Solutions Corp (NASDAQ: CTSH) recently announced it has entered into an agreement to buy Tin Roof Software. These are the details.

Ally Financial (ALLY) And Mastercard (MA) Partner On Point-Of-Sale Retail Financing

By Dan Anderson ● Aug 26, 2020

Ally Financial Inc (NYSE: ALLY) and Mastercard Inc (NYSE: MA) have announced a partnership where Ally Lending (the personal lending arm of Ally Bank) is working with Mastercard’s leading alternative financing platform for retailers called Vyze on point-of-sale retail financing.

Day Zero Identity Verification Company Socure Raises $35 Million

By Noah Long ● Aug 26, 2020

Day Zero identity verification leader Socure announced that it has raised $35 million in a new round led by Sorenson Ventures.

Cybersecurity And Intelligence Platform Company ReliaQuest Raises Over $300 Million

By Amit Chowdhry ● Aug 26, 2020

ReliaQuest — an advanced cybersecurity managed service and intelligence platform for global enterprises — announced recently that it raised over $300 million in growth financing.

Why Cisco Systems (CSCO) Is Buying BabbleLabs

By Amit Chowdhry ● Aug 26, 2020

Cisco Systems, Inc. (NASDAQ: CSCO) recently announced its intent to buy BabbleLabs' noise removal and speech enhancement technology. This is why.

Why Palo Alto Networks (PANW) Is Buying The Crypsis Group For $265 Million

By Amit Chowdhry ● Aug 25, 2020

Global cybersecurity leader Palo Alto Networks (NYSE: PANW) recently announced that it entered into a definitive agreement to buy The Crypsis Group for a total purchase price of $265 million in cash. These are the details.

Facebook (FB) Launching New E-Commerce Features In Main App And Instagram

By Amit Chowdhry ● Aug 25, 2020

Today Facebook, Inc (NASDAQ: FB) announced it is launching several e-commerce features in its main app and Instagram.

Best Buy (BBY): Online Sales Increased 242% In Q2

By Dan Anderson ● Aug 25, 2020

Today Best Buy Co Inc (NYSE: BBY) reported its second-quarter sales growth. And one of the highlights from the earnings was the biggest quarterly increase in online sales for the company.

Why SugarCRM Is Buying Node

By Dan Anderson ● Aug 25, 2020

SugarCRM, an innovator of time-aware customer experience (CX), recently announced the acquisition of Node Inc. This is why.

Bose Names Lila Snyder As CEO

By Amit Chowdhry ● Aug 25, 2020

Audio equipment maker Bose announced it has named Lila Snyder as its CEO, effective on September 1.

KPMG And Appian (APPN) Are Launching Workplace Reentry Digital Toolkits

By Annie Baker ● Aug 25, 2020

As part of a strategic alliance, KPMG LLP (KPMG) and Appian (NASDAQ: APPN) announced the launch of the Workplace Reentry Digital Toolkit to assist companies in getting their employees back to their work locations in a measured way.

Enterprise AI And Machine Learning Platform Dataiku Closes $100 Million

By Annie Baker ● Aug 25, 2020

Dataiku -- a leading global Enterprise AI and machine learning platform -- announced a $100 million Series D investment round led by Stripes.

Gores Metropoulos (GMHI): Luminar Going Public In $3.4 Billion Merger

By Amit Chowdhry ● Aug 24, 2020

Luminar -- a global leader in automotive lidar technology powering the introduction of highway autonomy -- announced that it entered into a definitive agreement to merge with Gores Metropoulos, a special purpose acquisition company (SPAC).

Why Smartsheet (SMAR) Is Buying Brandfolder For $155 Million

By Amit Chowdhry ● Aug 24, 2020

Smartsheet Inc (NYSE: SMAR) -- a company that provides a cloud-based platform that enables teams and organizations to plan, manage, and capture work -- announced that it is buying Brandfolder for $155 million. This is why.

Enterprise Intelligence Company Craft Raises $10 Million

By Amit Chowdhry ● Aug 23, 2020

Enterprise intelligence company Craft announced that it has raised $10 million in Series A funding to build a supply chain intelligence platform.

Octane AI: $4.25 Million Funding And Shoppable Quiz Launches

By Dan Anderson ● Aug 23, 2020

Octane AI -- the all-in-one buyer profile, Facebook Messenger, and SMS marketing platform for Shopify -- announced it has launched the Shoppable Quiz private beta and has raised $4.25 million in venture capital funding.

Cybersecurity Platform Cobalt.io Secures $29 Million

By Noah Long ● Aug 23, 2020

Cybersecurity platform Cobalt -- a company that connects human penetration testers (sometimes known as ‘ethical hackers’) with companies looking to test the robustness of their software -- announced that it has raised $29 million.

OpenGov Announces Appointment Of Amy Pressman To Board Of Directors

By Amit Chowdhry ● Aug 23, 2020

OpenGov -- the modern cloud ERP for our nation's cities, counties, and state agencies -- has announced the appointment of Amy Pressman to its Board of Directors.

Nuance (NUAN) Advances Virtual Assistant Technology For Epic Electronic Health Records

By Annie Baker ● Aug 23, 2020

Nuance Communications Inc. (NASDAQ: NUAN) has announced the advancement of Nuance's virtual assistant technology for customers using the Epic electronic health record (EHR).

Synopsys (SNPS) Names Sassine Ghazi As Chief Operating Officer

By Dan Anderson ● Aug 23, 2020

Synopsys, Inc. (Nasdaq: SNPS) recently announced that Sassine Ghazi has been appointed as Chief Operating Officer. These are the details.

Facebook (FB) CMO Antonio Lucio To Step Down

By Amit Chowdhry ● Aug 23, 2020

Facebook, Inc. (NASDAQ: FB) Chief Marketing Officer (CMO) Antonio Lucio announced he is stepping down from the company. These are the details.

Uber Technologies Partners With NimbleRx For Prescription Deliveries

By Amit Chowdhry ● Aug 23, 2020

Uber Technologies Inc (NYSE: UBER) announced it has partnered with NimbleRx for delivering prescriptions to patients in the Dallas and Seattle area markets.

Microsoft (MSFT) Reportedly Pushing For Cloud Contracts With Foreign Governments

By Amit Chowdhry ● Aug 23, 2020

Later this year, Microsoft Corporation (NASDAQ: MSFT) is expected to push more for cloud contract efforts designed for foreign governments according to a CNBC report.

MGM Resorts: Barry Diller And Joey Levin Join Board Following $1 Billion Investment

By Amit Chowdhry ● Aug 22, 2020

Following a $1 billion investment in MGM Resorts International (NYSE: MGM), IAC/Interactivecorp (NASDAQ: IAC) is adding Barry Diller and Joey Levin to the board of the hospitality and entertainment company.

Amazon’s Head Of Consumer Business Jeff Wilke To Retire Next Year (AMZN)

By Amit Chowdhry ● Aug 21, 2020

Jeff Wilke -- the head of Amazon’s consumer business -- announced today that he was planning to retire early next year following over two decades of work at the online retail giant.

Coherent, Inc. (COHR) Chief Financial Officer Kevin Palatnik To Retire By March 2021

By Dan Anderson ● Aug 21, 2020

Coherent, Inc. (NASDAQ: COHR) announced that the company and Executive Vice President and Chief Financial Officer Kevin Palatnik have entered into an Executive Transition Agreement.

Baidu (BIDU) Achieves Major Apollo Go Robotaxi Milestone

By Amit Chowdhry ● Aug 21, 2020

Today Baidu Inc (NASDAQ: BIDU) opened the Apollo Go Robotaxi service in Cangzhou, Hebei province -- which extended robotaxi coverage to the downtown area of a city for the first time in China.