Enterprise

SilverSun Raising $1 Billion In Investment Agreement Led By Brad Jacobs

By Amit Chowdhry ● Dec 4, 2023

SilverSun Technologies (SSNT) and Jacobs Private Equity II, LLC (JPE) - which is led by Brad Jacobs - announced today that they and minority co-investors have entered into an investment agreement, under which JPE and the minority co-investors will invest $1 billion in cash into SilverSun. This proposed equity investment comprises $900 million by JPE and $100 million by co-investors, including Sequoia Heritage.

American Express Launches Business Checking For All Eligible U.S. Small Businesses

By Amit Chowdhry ● Nov 10, 2023

American Express recently announced that American Express Business Checking is now available to any eligible U.S. small business. This offers a digital banking experience with no monthly fees, 24/7 service, and the ability to earn and redeem Membership Rewards points for select travel and for deposits directly into their Business Checking account.

Illuminate Financial: $235 Million Third Fund Closed

By Amit Chowdhry ● Jul 11, 2023

Illuminate Financial - a financial services-focused venture firm - recently announced it has closed its third fund, a $235 million fund to invest in early-stage businesses solving problems for financial institutions.

TealBook: Quentin Schmick Named As New VP Of Engineering

By Amit Chowdhry ● Jul 11, 2023

TealBook - a leading supplier data platform that autonomously enhances supplier data - announced its new Vice President of Engineering Quentin Schmick.

DigitalOcean Buying Paperspace For $111 Million: Details

By Annie Baker ● Jul 8, 2023

DigitalOcean - the cloud for small and medium-sized businesses (SMBs) and startups - recently announced it has acquired Paperspace, a leading provider of cloud infrastructure as a service for highly scalable applications leveraging graphics processing units (GPUs).

Blank Rome Welcomes 7 New Attorneys And 2 International Trade Pros

By Annie Baker ● May 2, 2023

Blank Rome LLP announced it is welcoming seven new attorneys and two international trade professionals to the firm’s International Trade practice group in Washington, D.C., which further strengthens the firm’s capabilities in this area.

Fusion Risk Management Receives Strategic Growth Investment from Great Hill Partners

By Annie Baker ● May 1, 2023

Fusion Risk Management - a leading provider of cloud-based operational resilience, business continuity, and risk management software and services - announced a strategic growth investment from Great Hill Partners.

Stack Identity: Identity And Access Management Company Secures $4 Million

By Noah Long ● May 1, 2023

Stack Identity - a startup that is automating identity and access management (IAM) governance to identify and eliminate cloud data threat vectors - announced its emergence from stealth mode. And the company also revealed the closing of a $4 million seed funding round co-led by WestWave Capital and Benhamou Global Ventures.

Rogers Signs Deal With SpaceX For Satellite-To-Phone Coverage In Canada

By Noah Long ● Apr 27, 2023

Rogers Communications and SpaceX announced the companies have agreed to bring satellite-to-phone coverage nationwide to ensure Canadians stay connected in areas beyond the limits of traditional wireless networks.

Quantexa: $129 Million Funding And $1.8 Billion Valuation

By Annie Baker ● Apr 4, 2023

Quantexa - a global leader in Decision Intelligence (DI) solutions for the public and private sectors - announced that it has completed a $129 million Series E funding round. This latest funding round secures the British company’s unicorn status with a valuation of $1.8 billion.

Netflix (NFLX) ‘Basic With Ads’ Launching On November 3 For $6.99 Per Month

By Amit Chowdhry ● Oct 13, 2022

Netflix (NFLX) announced that its “Basic With Ads” plan is launching on November 3 for $6.99 per month. These are the details.

Apple Employees Set To Return To The Office In September

By Amit Chowdhry ● Aug 16, 2022

Apple employees will be returning to the office in September as part of a hybrid model starting next month. These are the details.

Virgin Atlantic Chooses Viasat (VSAT) For In-Flight Connectivity In New Airbus A330-900 Fleet

By Amit Chowdhry ● Jul 12, 2022

Viasat Inc. (NASDAQ: VSAT) announced Virgin Atlantic has selected Viasat's industry-leading in-flight connectivity (IFC) solution for its new Airbus A330-900 aircraft. These are the details.

McDonald’s (MCD) Exiting Russia: ‘Can No Longer Keep The Arches Shining There’

By Amit Chowdhry ● May 16, 2022

McDonald's Corporation (NYSE: MCD) announced it is going to be shutting down its operations in Russia. These are the details.

Sony (SONY) Partnering With Honda (HNDAF) On Battery Electric Vehicles

By Amit Chowdhry ● Mar 4, 2022

Sony (NYSE: SONY) and Honda (OTC: HNDAF) are establishing a joint venture through which they plan to engage in the joint development and sales of high value-added battery electric vehicles (EVs). These are the details.

Accenture (ACN) And Microsoft (MSFT) Assisting Mount Sinai Health System On Cloud Transition

By Amit Chowdhry ● Mar 2, 2022

Accenture (NYSE: ACN) and Microsoft (NYSE: MSFT) are assisting the Mount Sinai Health System with its transition to the cloud. These are the details.