Enterprise

Butler Hospitality: $15 Million Funding And $85 Million Valuation

By Annie Baker ● Jul 13, 2020

Butler Hospitality — the first ghost kitchen for the hospitality industry — announced that it has raised $15 million in Series A funding at a valuation of $85 million.

MariaDB Raises $25 Million For Scaling SkySQL Operations

By Annie Baker ● Jul 12, 2020

MariaDB Corporation announced that it raised a $25 million funding round to support the company goals to expand the reach and development of its cloud database called MariaDB SkySQL.

Why Accenture Is Investing In Synadia (ACN)

By Noah Long ● Jul 12, 2020

Accenture Plc (NYSE: ACN) announced that it has made a strategic investment in Synadia Communications through Accenture Ventures.

Multi-Cloud Log Management Company LogDNA Closes $25 Million Series C Funding

By Dan Anderson ● Jul 12, 2020

LogDNA — the leading log management solution for DevOps teams — announced that it has closed a $25 million Series C round of funding.

Rivian Raises Massive $2.5 Billion Funding Round

By Amit Chowdhry ● Jul 11, 2020

Electric vehicle company Rivian announced it has closed $2.5 billion in funding led by funds and accounts advised by T. Rowe Price Associates.

Rocket Companies (Quicken Loans) IPO: All The Details You Need To Know

By Amit Chowdhry ● Jul 11, 2020

Rocket Companies (Quicken Loans), the largest mortgage lender in the U.S., announced it is preparing to go public soon. These are the details about the upcoming IPO.

Why Slack Technologies Inc (WORK) Is Buying Rimeto

By Amit Chowdhry ● Jul 10, 2020

Slack Technologies Inc (NYSE: WORK) recently announced that it is buying a business directory software company called Rimeto. These are the terms of the deal.

Paylocity Holding (PCTY) Rolls Out New Product Features

By Dan Anderson ● Jul 10, 2020

Paylocity Holding Corp (NASDAQ: PCTY) — a leading provider of cloud-based HR and payroll software solutions — announced it launched new COVID-19 Return to Work products.

Blockchain Analysis Company Chainalysis Raises $13 Million

By Annie Baker ● Jul 9, 2020

Blockchain analysis company Chainalysis announced that it has raised $13 million in funding to expand its Series B round to $49 million.

Magic Leap Names Peggy Johnson As Chief Executive Officer, Effective August 1

By Amit Chowdhry ● Jul 9, 2020

Magic Leap announced that it has appointed Peggy Johnson as the company’s new Chief Executive Officer, effective August 1, 2020.

Cloud-To-Cloud Business Continuity Platform OwnBackup Raises $50 Million

By Noah Long ● Jul 9, 2020

OwnBackup — a leading cloud-to-cloud business continuity platform — announced $50 million in new funding.

Rev.com Names Wade Burgess As Chief Revenue Officer

By Amit Chowdhry ● Jul 9, 2020

Rev.com has announced that it has named Wade Burgess as Chief Revenue Officer of the company.

AISIN Group Invests In StradVision Through Corporate VC Fund Managed By Pegasus Tech Ventures

By Dan Anderson ● Jul 8, 2020

StradVision — an innovator in vision processing technology for Autonomous Vehicles and advance driver assistance — announced a strategic investment from Pegasus Tech Ventures.

Itochu Corp (ITOCY) Bidding $5.4 Billion In Deal For Japan-Based FamilyMart (FYRTY)

By Noah Long ● Jul 8, 2020

Itochu Corp (OTCMKTS: ITOCY) announced that it is planning to take full control of convenience store chain FamilyMart Co. (OTCMKTS: FYRTY) through a tender offer valued at about 580.9 billion yen ($5.4 billion).

Qualcomm Reveals Details About Snapdragon 865 Plus 5G Mobile Platform (QCOM)

By Dan Anderson ● Jul 8, 2020

Qualcomm, Inc. (NASDAQ: QCOM) has revealed the details about the Qualcomm Snapdragon 865 Plus 5G Mobile Platform.

Zoom Video Communications (ZM) And ServiceNow (NOW) Sign Major Partnership

By Amit Chowdhry ● Jul 8, 2020

Zoom Video Communications, Inc. (NASDAQ: ZM) and ServiceNow Inc (NYSE: NOW) have announced a major partnership in the form of a commitment to each other’s technology solutions.

SecurityScorecard And Craft Sign Partnership To Protect Customer Supply Chains

By Annie Baker ● Jul 8, 2020

SecurityScorecard — the global leader in security ratings founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh — announced that it has signed a partnership with Craft.

Alphabet Partners With NVIDIA (NVDA) On Google Cloud Deal (GOOG, GOOGL)

By Amit Chowdhry ● Jul 8, 2020

Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) has partnered with NVIDIA Corporation (NASDAQ: NVDA) in a cloud computing deal. These are the details.

Microsoft Buying Orions Systems: Details About The Deal (MSFT)

By Amit Chowdhry ● Jul 8, 2020

Microsoft Corporation (NASDAQ: MSFT) announced it is buying Orions Systems for expanding Dynamics 365 capabilities. These are the details about the deal.

Why IBM Is Buying WDG Automation

By Amit Chowdhry ● Jul 8, 2020

IBM (NYSE: IBM) recently announced it reached a definitive agreement to buy Brazilian software provider of robotic process automation (RPA) WDG Soluções Em Sistemas E Automação De Processos LTDA (known as WDG Automation).

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.