Enterprise

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.

Managed Detection and Response (MDR) GoSecure Raises $20 Million

By Annie Baker ● Jul 17, 2020

GoSecure — an established leader in the rapidly-growing Managed Detection and Response (MDR) market — announced that it has raised $20 million USD in Series E funding.

Microsoft And CH Robinson Worldwide Partner To Digitally Advance Supply Chains (MSFT, CHRW)

By Amit Chowdhry ● Jul 17, 2020

Microsoft Corporation (NASDAQ: MSFT) and CH Robinson Worldwide Inc (NASDAQ: CHRW) announced this week that they are partnering to digitally transform supply chains of the future.

Privacy.com Closes $10.2 Million To Help Developers Create Virtual Payment Cards

By Annie Baker ● Jul 16, 2020

Privacy.com — a virtual card platform that provides secure payments for businesses and consumers — announced that it raised $10.2 million in Series A funding.

Lemonade Introduces Health Insurance Product For Dogs And Cats (LMND)

By Amit Chowdhry ● Jul 16, 2020

Lemonade Inc (NYSE: LMND) — the insurance company powered by artificial intelligence and behavioral economics — announced this week that it launched pet health insurance.

Google Invests $4.5 Billion In Jio Platforms For 7.73% Stake

By Amit Chowdhry ● Jul 16, 2020

Google announced it has invested $4.5 billion in Jio Platforms for a 7.73% stake in the India-based telecommunications company. These are the details.

High-Performance AI Chip Company Untether AI Secures $7 Million

By Dan Anderson ● Jul 16, 2020

Untether AI announced it has raised $7 million USD in funding led by Radical Ventures with participation by Intel Capital.

Auth0: $120 Million Series F Funding And $1.92 Billion Valuation

By Amit Chowdhry ● Jul 16, 2020

Auth0 — the identity platform for development teams — announced that it has closed $120 million in Series F funding. This funding round brings the company's valuation to $1.92 billion.

TrueBridge Capital Partners: $600 Million Raised For Sixth Venture Capital Fund-Of-Funds

By Amit Chowdhry ● Jul 16, 2020

TrueBridge Capital Partners has announced the closing of its sixth venture capital fund-of-funds TrueBridge Capital Partners Fund VI, L.P. with $600 million in limited partner commitments.

Medly Pharmacy Closes $100 Million In Series B Funding

By Amit Chowdhry ● Jul 16, 2020

Digital pharmacy company Medly Pharmacy announced that it has raised $100 million in Series B funding co-led by Volition Capital and Greycroft.

Cloud AI Services Company Abacus.AI Raises $13 Million

By Amit Chowdhry ● Jul 16, 2020

Abacus.AI (formerly known as RealityEngines.AI) announced that it has raised $13 million in Series A funding.

SAP Launches Fieldglass External Talent Marketplace

By Annie Baker ● Jul 16, 2020

SAP SE (NYSE: SAP) has announced it launched the SAP Fieldglass External Talent Marketplace — which is a simple solution that helps organizations quickly find and hire the temporary workers.

TECSYS Surpasses $100 Million In Revenue

By Dan Anderson ● Jul 16, 2020

TECSYS Inc. (OTCMKTS: TCYSF) (TSX: TCS) — an industry-leading supply chain management software company — announced that it has jumped 37% year-over-year and posted its first $100 million-plus fiscal year revenue performance for 2020.

Active Story Management Tenovos Secures $4 Million

By Noah Long ● Jul 16, 2020

Tenovos — a company that is helping brands tell stories that matter — announced it has raised $4 million in Series A funding led by Progress Ventures.

Why Analog Devices Is Buying Maxim In A Deal Valued At Over $68 Billion

By Amit Chowdhry ● Jul 16, 2020

Analog Devices recently announced a definitive agreement under which ADI is going to acquire Maxim in an all-stock transaction at a deal valued at over $68 billion.

Lattice: $45 Million Series D Funding And $400 Million Valuation

By Amit Chowdhry ● Jul 16, 2020

Leading people management platform Lattice announced that it has raised a $45 million Series D growth round of funding.

Walmart Leads $1.2 Billion Investment In Flipkart (WMT)

By Amit Chowdhry ● Jul 15, 2020

Walmart Inc (NYSE: WMT) is upping its stake in Flipkart by leading a $1.2 billion round for the India-based grocery e-commerce chain.

Why Hewlett Packard Enterprise (HPE) Is Buying Silver Peak

By Amit Chowdhry ● Jul 15, 2020

Hewlett Packard Enterprise (NYSE:HPE) recently announced that it has entered into a definitive agreement to buy Silver Peak. These are the details about the deal.

Robinhood: $320 Million Funding And $8.6 Billion Valuation

By Amit Chowdhry ● Jul 15, 2020

Commission-free trading company Robinhood revealed that it raised $320 million in funding from new and existing investors. These are the details.

Why SiriusXM Is Buying Stitcher From E.W. Scripps Company For $325 Million (SSP, SIRI)

By Amit Chowdhry ● Jul 15, 2020

The E.W. Scripps Company (NASDAQ: SSP) recently announced that it has entered into an agreement with SiriusXM Holdings (NASDAQ: SIRI) to sell podcast industry leader Stitcher for $325 million.

Why Jobvite Hired The Data Science And AI Teams At Predictive Partner

By Noah Long ● Jul 15, 2020

Jobvite — a leading end-to-end talent acquisition suite — announced that it has acquired the artificial intelligence (AI) and data science team at Predictive Partner.