Enterprise

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.

Targeted Cancer Therapy Biotech Company Tango Therapeutics Raises $50 Million

By Noah Long ● Aug 21, 2020

Tango Therapeutics -- a biotechnology company focused on discovering and delivering the next generation of targeted cancer therapies -- announced it has raised $50 million.

Cyber Fusion Solutions Company Cyware Raises $10 Million

By Dan Anderson ● Aug 21, 2020

Cyware -- the leading provider of cyber fusion solutions -- has raised a $10 million Series A round of funding to enhance its threat intelligence automation.

Anti-Fraud Platform SpyCloud Raises $30 Million

By Dan Anderson ● Aug 21, 2020

SpyCloud, a company known for its anti-fraud platform powering account takeover prevention and fraud investigations solutions, announced that it has raised a $30 million Series C round.

Employee Engagement Company HelloTeam Raises $3.5 Million

By Amit Chowdhry ● Aug 21, 2020

All-in-one performance management and employee engagement platform HelloTeam announced it has raised $3.5 million in a seed round of funding led by Underscore VC.

Why KBR Is Buying Centauri For $827 Million

By Amit Chowdhry ● Aug 21, 2020

KBR, Inc. (NYSE: KBR) recently announced it has entered into a definitive agreement with Arlington Capital Partners under which KBR will acquire Centauri, LLC.

Personalized Visual Experience Company Movable Ink Raises $30 Million

By Amit Chowdhry ● Aug 21, 2020

Movable Ink -- a leading software company powering creative personalization for the world’s largest brands -- announced that it has raised $30 million in Series C funding.

Inbound Revenue Acceleration Chili Piper Secures $18 Million

By Dan Anderson ● Aug 21, 2020

Chili Piper -- a leader in Inbound Revenue Acceleration -- announced that it has raised $18 million in Series A funding led by Base10 Partners.

Open Source Data Science Platform Pachyderm Raises $16 Million

By Noah Long ● Aug 21, 2020

Pachyderm -- an enterprise-grade, open-source platform that enables explainable, repeatable, and scalable data science -- announced that it has raised $16 million in Series B funding led by Microsoft’s venture arm M12.

Extreme Networks (EXTR) Forms A Corporate Social Responsibility Council

By Annie Baker ● Aug 21, 2020

Extreme Networks, Inc. (Nasdaq: EXTR) announced recently that it has formed a Corporate Social Responsibility Council to promote sustainable development, corporate philanthropy, and the empowerment of people – both inside and outside the company.

Blackbaud (BLKB) Names Michael Boulware Moore As First Diversity And Inclusion Officer

By Amit Chowdhry ● Aug 21, 2020

Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, announced it named Michael Boulware Moore as its first Diversity and Inclusion Officer.