Enterprise

Intel To Invest Over $250 Million In Jio Platforms For $0.39% Stake

By Amit Chowdhry ● Jul 8, 2020

Chip giant Intel is investing over $250 million in India-based telecommunications company Jio Platforms for a 0.39% stake. These are the details.

AI-Based Fraud Detection Company FraudScope Closes $7 Million

By Dan Anderson ● Jul 7, 2020

FraudScope, an AI-based platform that helps health plans address the increasing problem of fraud, waste, and abuse, announced that it raised $7 million.

Banking Data Analytics Software Platform KlariVis Raises $2.5 Million

By Annie Baker ● Jul 7, 2020

KlariVis, a unique and proprietary data analytics software platform developed by bankers for bankers, announced that it has raised an oversubscribed $2.5 million seed round.

Charter Communications (CHTR) To Sell $1.5 Billion In New Debt

By Noah Long ● Jul 7, 2020

Charter Communications Inc (NASDAQ: CHTR) announced that its subsidiaries have priced $1.5 billion in aggregate principal amount of senior unsecured notes due 2031.

Why Sunrun (RUN) Is Buying Vivint Solar Inc (VSLR) In A $3.2 Billion Deal

By Amit Chowdhry ● Jul 7, 2020

This is why Sunrun Inc (NASDAQ: RUN) announced it is going to buy full-service residential solar provider Vivint Solar (NYSE: VSLR).

Multi-Cloud Serverless Company Vendia Raises $5.1 Million

By Annie Baker ● Jul 7, 2020

Vendia, a multi-cloud serverless platform for sharing distributed data in real-time, announced it raised $5.1 million in funding.

DarioHealth (DRIO): Dennis Matheis Appointed To The Board

By Dan Anderson ● Jul 6, 2020

Global digital therapeutics company DarioHealth Corp (NASDAQ: DRIO) announced that the company has appointed veteran health plan executive Dennis Matheis to its board of directors, effective July 2, 2020.

Fauna: $27 Million Funding And New Executive Leadership

By Amit Chowdhry ● Jul 6, 2020

Fauna, a data API for client-serverless applications, announced that it raised $27 million in a new round of funding led by Madrona.

Digital Asset Security Infrastructure Company Curv Closes $23 Million

By Dan Anderson ● Jul 6, 2020

Trusted digital asset security infrastructure company Curv announced that it has raised $23 million in Series A funding.

Confirmed: Uber Technologies (UBER) To Buy Postmates For $2.65 Billion

By Amit Chowdhry ● Jul 5, 2020

The board of directors at Uber Technologies Inc (NYSE: UBER) has reportedly approved a $2.65 billion acquisition of food delivery company Postmates in an all-stock deal.

Berkshire Hathaway To Buy Gas Assets Of Dominion Energy In $9.7 Billion Deal (D, BRK.A, BRK.B)

By Amit Chowdhry ● Jul 5, 2020

Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) announced it will be buying the natural gas transmission and storage operations of Dominion Energy Inc (NYSE: D). These are the details.

Consumer Intelligence Platform Company Spiketrap Raises $3 Million

By Dan Anderson ● Jul 5, 2020

AI-powered consumer intelligence platform Spiketrap announced that it has raised $3 million in a seed round of funding led by Susa Ventures.

Digital Commerce Solution Company Scalefast Raises $22 Million

By Annie Baker ● Jul 3, 2020

Los Angeles-based digital commerce solution company Scalefast announced that it has raised $22 million in a Series B round of funding.

How Microsoft Plans To Help Upskill 25 Million People By The End Of The Year (MSFT)

By Amit Chowdhry ● Jul 3, 2020

Microsoft Corporation (NASDAQ: MSFT) recently announced a global skills initiative aimed to bring digital skills to 25 million people worldwide by the end of the year.

Discord: $100 Million Funding And $3.5 Billion Valuation

By Amit Chowdhry ● Jul 3, 2020

Instant messaging and VoIP application company Discord announced that it has raised $100 million at a reported valuation of $3.5 billion.

Netflix Hires Bozoma Saint John From Endeavor As Head Of Marketing

By Amit Chowdhry ● Jul 3, 2020

Netflix announced that it hired Bozoma Saint John (known as "Boz") as the next Chief Marketing Officer from entertainment agency Endeavor.

Base10: Black-Led VC Firm Raises $250 Million For Second Fund

By Amit Chowdhry ● Jul 3, 2020

Black-led venture capital firm Base10 announced that it raised $250 million for its second fund.

Dexterous AI-Powered Robot Stanford Spinout Company RIOS Raises $5 Million

By Dan Anderson ● Jul 2, 2020

RIOS — a developer of dexterous AI-powered robots for automating assembly lines — announced it raised $5 million in venture funding.

AI-Enabled Conversation Platform Company Hi Marley Secures $8 Million

By Annie Baker ● Jul 2, 2020

Hi Marley, the leading communication platform built for insurance, announced it raised $8 million in Series A1 funding. These are the details about the funding.

Autonomous Threat Hunting Solution Company Hunters Raises $15 Million

By Amit Chowdhry ● Jul 2, 2020

Hunters has announced that it has raised $15 million in Series A funding. These are the details about the funding.

Fivetran: $100 Million Funding And $1.2 Billion Valuation

By Noah Long ● Jul 1, 2020

Fivetran, a leading provider of automated data integration, announced that it raised $100 million in Series C funding. Now the company has a valuation of $1.2 billion.

EY Partners With Hult To Offer Free Virtual Corporate MBA For Company Employees

By Amit Chowdhry ● Jul 1, 2020

EY, in partnership with Hult International Business School, announced the first-ever fully accredited virtual corporate Master of Business Administration (MBA).

Kubernetes DevOps Tools Company Codefresh Raises $27 Million

By Dan Anderson ● Jul 1, 2020

Codefresh, a Kubernetes DevOps tools leader, announced that it has raised $27 million.

MongoDB (MDB): Mark Porter To Bring Experience In Building Data Persistence Platforms As New CTO

By Amit Chowdhry ● Jul 1, 2020

Leading general-purpose database platform company MongoDB Inc (NASDAQ: MDB) recently announced that it has appointed Mark Porter as Chief Technology Officer, effective July 20.

Global Venture Firm B Capital Raises $820 Million

By Amit Chowdhry ● Jul 1, 2020

B Capital, a venture capital firm founded by Eduardo Saverin and Raj Ganguly, announced it raised $820 million for its second fund.

Cloud Data Lake Optimization Company Upsolver Raises $13 Million

By Amit Chowdhry ● Jul 1, 2020

Upsolver, a company that develops software that eliminates the high engineering overhead of operating cloud data lakes, announced it has raised $13 million in Series A funding.

Microsoft And Commvault Sign Strategic Data Management Agreement (MSFT, CVLT)

By Amit Chowdhry ● Jul 1, 2020

Microsoft Corporation (NASDAQ: MSFT) and data management leader CommVault Systems, Inc. (NASDAQ: CVLT) announced that they have entered into a multi-year agreement.

Synopsys (SNPS) And Arm Sign Extended Strategic Partnership

By Dan Anderson ● Jul 1, 2020

Synopsys, Inc. (NASDAQ: SNPS), a leader in electronic design automation (EDA) and semiconductor IP, announced that it signed a multi-year agreement with Arm.

Why Garmin (GRMN) Is Buying Firstbeat Analytics

By Amit Chowdhry ● Jul 1, 2020

Garmin Ltd. (NASDAQ: GRMN) recently announced that it is buying Firstbeat Analytics. These are the details about the deal.

Data Analytics Acceleration Platform SQream Raises $39.4 Million

By Dan Anderson ● Jun 30, 2020

SQream — a provider of a data analytics acceleration platform that enables enterprises to gain insights from their massive data stores — announced that it has raised $39.4 million.