Enterprise

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.

Traceable: This Startup Co-Founded By Serial Entrepreneur Jyoti Bansal Just Launched With $20 Million In Funding

By Amit Chowdhry ● Jul 15, 2020

Traceable — the world's first end-to-end application security monitoring platform — recently launched from stealth with $20 million in funding.

Modern Application And Access Networking Company NS1 Closes $40 Million

By Dan Anderson ● Jul 15, 2020

NS1 — a leader in modern application and access networking — announced that it has raised $40 million in Series D.

UiPath: $225 Million Funding, Over $400 Million ARR, $10.2 Billion Valuation

By Amit Chowdhry ● Jul 14, 2020

Leading Robotic Process Automation (RPA) company UiPath announced that it raised $225 million at a post-money valuation of $10.2 billion. And the company revealed it is now seeing over $400 million in ARR.

Autonomous Drone Company Skydio Raises $100 Million

By Amit Chowdhry ● Jul 14, 2020

Skydio — the leading U.S. drone manufacturer and world leader in autonomous flight technology — announced it has raised $100 million in Series C funding.

Microsoft To Spin Off Xiaoice Chatbot Into A Standalone Company

By Annie Baker ● Jul 14, 2020

Microsoft recently announced that it is spinning off its Xiaoice (also known as Xiaobing) chatbot for Chinese users into a standalone company.

Qualcomm Invests About $97 Million In Jio Platforms

By Amit Chowdhry ● Jul 14, 2020

Qualcomm recently announced that it invested about $97 million in Jio Platforms in exchange for a 0.15% stake in the company.

DCM Closes $880 Million For New Funds

By Amit Chowdhry ● Jul 14, 2020

DCM — an early-stage global venture capital firm — announced that it has closed its largest family of funds to date at a total of $880 million.

Meeting Productivity Platform Docket Raises $1.25 Million

By Dan Anderson ● Jul 14, 2020

Docket — a software-as-a-service (SaaS) productivity platform for managing effective meetings — announced that it has raised $1.25 million in funding.

Rethink Impact Closes $182 Million Fund II To Invest In Female-Led Tech Companies

By Amit Chowdhry ● Jul 13, 2020

Rethink Impact — the largest impact venture firm in the U.S. dedicated to investing in female tech entrepreneurs — announced recently that it closed the new $182 million Fund II.

Sony Makes $250 Million Strategic Investment In ‘Fortnite’ Developer Epic Games

By Amit Chowdhry ● Jul 13, 2020

Sony recently announced that it is investing $250 million in Fortnite developer Epic Games as part of a strategic deal.