Enterprise

EY And IBM Deepen Partnership To Accelerate Digital Transformations For Clients

By Dan Anderson ● Jul 21, 2020

EY and IBM (NYSE: IBM) recently announced an enhanced global multi-year alliance built to help organizations accelerate digital transformation and improve client outcomes.

Trade Desk (TTD): Tim Sims Named As Chief Revenue Officer

By Amit Chowdhry ● Jul 21, 2020

Global advertising technology company Trade Desk Inc (NASDAQ: TTD) has announced the appointment of Tim Sims as the chief revenue officer.

Deep Connected Vehicle Platform Company Sibros Raises $12 Million

By Noah Long ● Jul 21, 2020

Deep connected vehicle platform company Sibros announced that it has raised $12 million in Series A funding.

Purdue University Researchers Develop Quantum Computing Techniques That Use Qudits

By Amit Chowdhry ● Jul 21, 2020

Purdue University researchers have developed a quantum computing technique that utilizes entangled photons (or qudits) instead of qubits.

Blackstone Group (BX): Strategic Partners Closes Third Infrastructure Secondaries Fund At $3.75 Billion

By Amit Chowdhry ● Jul 21, 2020

Strategic Partners, the secondary and fund solutions business of Blackstone Group Inc (NYSE: BX), announced the final close on $3.75 billion for Strategic Partners Infrastructure III L.P.

Online Investment Platform Propel(x) Raises $5.5 Million

By Dan Anderson ● Jul 21, 2020

Propel(x) — an online investment platform that helps investors source, evaluate, and fund pioneering science and technology startups — announced it raised over $5.5 million.

Thrasio: $260 Million Funding And $1 Billion Valuation

By Amit Chowdhry ● Jul 20, 2020

Thrasio — the largest acquirer of Amazon businesses and a top 25 seller on the e-commerce platform — announced that it has raised $260 million in Series C funding and a $1 billion pre-money valuation.

Uwill Raises $3.25 Million To Help College Students Connect With Mental Health Professionals

By Annie Baker ● Jul 20, 2020

Uwill — a company that enables college students to connect on-demand with mental health professionals — announced that it raised $3.25 million.

Anti-Money Laundering And Compliance Tech Company Hummingbird Raises $8.2 Million

By Noah Long ● Jul 20, 2020

Hummingbird RegTech — a provider of anti-money laundering (AML) compliance technology — announced that it raised $8.2 million in Series A funding.

Qumulo: $125 Million Funding And $1.2 Billion Valuation

By Amit Chowdhry ● Jul 20, 2020

Qumulo — the leading file data platform that helps organizations easily create and manage their file data at scale — announced it raised $125 million in Series E funding at a valuation of over $1.2 billion.

Unisys (UIS) Announces Availability Of Stealth(identity) SaaS 2.0 And Stealth(identity) 2.7

By Amit Chowdhry ● Jul 20, 2020

Unisys Corporation (NYSE: UIS) has announced the availability of Unisys Stealth(identity) Software-as-a-Service (SaaS) 2.0 and Stealth(identity) 2.7.

All-In-One Recruiting Platform Gem Secures $37 Million

By Dan Anderson ● Jul 20, 2020

Gem — a software platform for modern recruiting — announced that it raised a $37 million Series B investment led by Greylock.

Care Navigation Company GYANT Closes $13.6 Million

By Dan Anderson ● Jul 20, 2020

Care navigation company GYANT announced that it has raised $13.6 million in a Series A round of funding led by Wing Venture Capital.

Digital Medicine Technology Company Noteworth Raises $5 Million

By Amit Chowdhry ● Jul 20, 2020

Noteworth — a first-of-its-kind Digital Healthcare platform for modernizing Digital Medicine delivery operations — announced that it raised $5 million in an oversubscribed seed funding round led by Laconia Capital Group.

Checkout Experience Platform Bolt Raises $50 Million

By Dan Anderson ● Jul 20, 2020

Bolt announced that it has raised $50 million in Series C funding led by Laurence A. Tosi at WestCap. These are the details.

SocialChorus Closes $100 Million In Funding Led By Sumeru

By Noah Long ● Jul 20, 2020

SocialChorus, a leader in workforce communications SaaS, announced that Sumeru Equity Partners (SEP) along with existing investors has led a $100 million investment in the company.

Rich Smith Named As Chief Marketing Officer Of Jornaya

By Annie Baker ● Jul 20, 2020

Leading data-as-a-service (DaaS) company Jornaya announced that it has named Rich Smith as chief marketing officer.

GlaxoSmithKline (GSK) Buying 10% Of CureVac For £130 Million

By Amit Chowdhry ● Jul 20, 2020

GlaxoSmithKline plc (NYSE: GSK) announced it is buying a 10% stake in German biotechnology company CureVac for £130 million.

Chevron Corporation (CVX) To Buy Noble Energy (NBL) For $5 Billion

By Amit Chowdhry ● Jul 20, 2020

Chevron Corporation (NYSE: CVX) announced it has agreed to buy Noble Energy, Inc. (NASDAQ: NBL) for about $5 billion in an all-stock transaction.

Stanley Black & Decker And DeepHow Partner On AI-Powered Technologies

By Dan Anderson ● Jul 20, 2020

STANLEY X — the Innovation hub of Stanley Black & Decker (NYSE: SWK) — announced that it has partnered with DeepHow.

Mobile Access Control Company Openpath Raises $36 Million

By Noah Long ● Jul 20, 2020

Openpath — a security startup specializing in modern mobile access control for the built world — announced that it raised $36 million in Series C funding.

Building System Company Cohesion Raises $6.5 Million

By Noah Long ● Jul 19, 2020

Zeotap: $42 Million Funding And 431% YoY Revenue Growth

By Dan Anderson ● Jul 19, 2020

Customer intelligence company Zeotap announced it raised an oversubscribed $42 million Series C round of funding following 431% growth in revenue run rate.

Venture Capital Firm CRV Closes $600 Million Fund

By Amit Chowdhry ● Jul 19, 2020

Venture capital firm CRV announced that it has closed $600 million for a new fund called CRV XVIII. These are the details.

Netflix: Ted Sarandos Named Co-CEO, 10 Million New Subscribers, Free Cash Flow Hits Nearly $900M (NFLX)

By Amit Chowdhry ● Jul 17, 2020

.Netflix announced that added 10 million net new global subscribers in the last quarter and named Ted Sarandos as co-CEO.

Cloud File Storage Leader Nasuni Raises $40 Million

By Annie Baker ● Jul 17, 2020

Nasuni — a leading provider of cloud file storage — announced that it has raised $25 million in new equity financing along with a $15 million debt facility.

Blockchain Technologies Company Valid Network Raises $8 Million

By Amit Chowdhry ● Jul 17, 2020

Valid Network announced that it has raised $8 million in a seed round of funding. These are the details about the funding round.

MIT Spinoff Data Management Company TileDB Closes $15 Million

By Noah Long ● Jul 17, 2020

TileDB has secured $15 million in Series A funding led by Two Bear Capital with participation by Uncorrelated Ventures and all existing investors.

AI-Driven Cybersecurity Prediction Company CYR3CON Closes $8.2 Million In Funding

By Amit Chowdhry ● Jul 17, 2020

CYR3CON — a highly differentiated AI-driven cybersecurity prediction software platform — announced that it has raised $8.2 million in funding led by Pivotal Group.

Snorkel AI: This Stanford AI Lab Spinout Secures $15 Million To Make AI Practical

By Amit Chowdhry ● Jul 17, 2020

Snorkel AI — a company that is working on making artificial intelligence practical — announced that it has launched out of stealth with $15 million in total funding.