Enterprise

Payment Infrastructure Company Finix Raises $75 Million

By Dan Anderson ● Aug 29, 2020

Payments infrastructure company Finix announced it has raised $75 million in additional funding to help vertical Software-as-a-Service (SaaS) providers and fintech companies build better payments experiences for their merchants.

Team Organization Platform Company LaunchNotes Raises $1.8 Million

By Amit Chowdhry ● Aug 28, 2020

LaunchNotes — a company that was founded by the team behind Statuspage (acquired by Atlassian) along with the former head of marketing for Jira — announced that it has raised a $1.8 million seed round.

How Johnson Controls (JCI) Is Helping People Safely Return To Work

By Amit Chowdhry ● Aug 28, 2020

Johnson Controls (NYSE: JCI) — the global leader for smart and sustainable buildings — recently announced it is launching a comprehensive suite of digital solutions called OpenBlue Healthy Buildings.

Castlight Health (CSLT): Brian Marcotte Joins As New Advisor

By Annie Baker ● Aug 28, 2020

Castlight Health, Inc. (NYSE: CSLT) announced this week that Brian Marcotte, former President and CEO, Business Group on Health, has joined as a new strategic advisor.

Civilization Ventures Reveals $35 Million Fund II

By Amit Chowdhry ● Aug 28, 2020

Shahram Seyedin-Noor — a serial entrepreneur who is now a VC — has announced Fund II following the success of Fund I (which has seen 2 exits already).

Leading Multiplatform Live Streaming Solution Restream Closes $50 Million

By Annie Baker ● Aug 28, 2020

Leading multiplatform live streaming solution Restream announced it has raised $50 million in Series A financing led by Sapphire Ventures and Insight Partners.

Digital Onboarding Raises Funding To Help Banks Develop More Engaging Relationships

By Amit Chowdhry ● Aug 28, 2020

Digital Onboarding — a SaaS technology company that provides a fully automated customer and member engagement platform — announced that it has closed a Series A funding round.

Why Fastly (FSLY) Is Buying Signal Sciences For $775 Million

By Amit Chowdhry ● Aug 28, 2020

Edge cloud platform giant Fastly, Inc. (NYSE: FSLY) announced it entered into a definitive agreement to acquire Signal Sciences for about $775 million in cash and stock. These are the details about the deal.

Feature Delivery Platform Company Split Closes $33 Million

By Annie Baker ● Aug 27, 2020

Leading feature delivery platform Split announced that it has raised $33 million in Series C funding.

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.