Enterprise

Why Microsoft Corporation (MSFT) Is Buying CyberX

By Amit Chowdhry ● Jun 23, 2020

Microsoft Corporation (NASDAQ: MSFT) has confirmed that it is buying CyberX in order to accelerate and secure Internet of Things deployment.

CommScope (COMM): $700 Million Senior Notes Offering Priced

By Amit Chowdhry ● Jun 23, 2020

Commscope Holding Company Inc (NASDAQ: COMM) announced that the company priced its offering of $700 million in aggregate principal amount of 7.125% senior unsecured notes due 2028.

Apple WWDC: Transition To Apple Silicon For Macs Revealed

By Amit Chowdhry ● Jun 23, 2020

At the Worldwide Developers Conference (WWDC), Apple revealed its plan to transition from the Mac to its own custom silicon.

Field Risk Management Company Urbint Secures $20 Million

By Noah Long ● Jun 22, 2020

Urbint, a leader in artificial intelligence for Field Risk Management, announced it has raised $20 million in Series B funding.

Leading Native DevOps Platform Copado Closes $26 Million In Funding

By Noah Long ● Jun 21, 2020

Copado, a leading native DevOps platform for Salesforce, announced it raised $26 million in Series B funding.

Carnival Names Josh Weinstein As COO (CCL, CUK)

By Amit Chowdhry ● Jun 20, 2020

Carnival (NYSE: CCL) (NYSE:CUK) (LSE:CCL) has announced that it has named Josh Weinstein has been named chief operations officer, effective immediately.

Why Facebook Is Buying Mapillary (FB)

By Amit Chowdhry ● Jun 20, 2020

Facebook (NASDAQ: FB) has acquired a Sweden-based street-level mapping company called Mapillary this past week. These are the details about the deal.

Cloud-Native Data Security Company Open Raven Raises $15 Million

By Dan Anderson ● Jun 20, 2020

Cloud-native data security platform Open Raven, a company that prevents breaches driven by modern speed and sprawl, announced that it has raised $15 million in Series A funding.

Warehouse Management Company CognitOps Raises $3 Million

By Annie Baker ● Jun 20, 2020

CognitOps — an AI startup whose software models and automates warehouse management — announced it has raised $3 million in a seed round of funding.

Profitable Presto Company Starburst Data Raises $42 Million

By Dan Anderson ● Jun 20, 2020

Enterprise Presto company Starburst Data announced that it has raised $42 million in Series B funding in order to unlock the value of data by helping teams access it anywhere.

Stanford Spinout QuantumScape Raises $200 Million From Volkswagen

By Noah Long ● Jun 19, 2020

Automaker Volkswagen announced earlier this week that it invested $200 million in Stanford University spinout QuantumScape.

Walmart (WMT): Large Stake In Dada Nexus (DADA) And Acquisition Of CareZone’s Assets

By Amit Chowdhry ● Jun 19, 2020

This past week, Walmart Inc (NYSE: WMT) confirmed it acquired certain assets of CareZone and revealed a large stake in Dada Nexus Ltd (NASDAQ: DADA).

Leading API Security Company Salt Security Raises $20 Million

By Annie Baker ● Jun 19, 2020

Leading API security company Salt Security announced that it has raised $20 million in Series A funding.

Streamlit Raises $21 Million Co-Led By GGV Capital And Gradient Ventures

By Annie Baker ● Jun 19, 2020

Streamlit announced it has raised $21 million in Series A funding. These are the details.

Clockwise Closes $18 Million Led by Bain Capital Ventures

By Dan Anderson ● Jun 19, 2020

Smart calendar assistant company Clockwise announced it has raised $18 million in Series B.

Trusona Adds Four New Members To Company Advisory Board

By Noah Long ● Jun 19, 2020

Trusona, a pioneer in passwordless multi-factor authentication technology, announced recently that it made the strategic appointment of four new members to the company's advisory board.

FirstMark Capital Reveals New Funds With $650 Million In Capital

By Amit Chowdhry ● Jun 19, 2020

NYC-based venture capital firm FirstMark Capital recently revealed that it has closed two new funds with $650 million in capital.

Programmable Performance Bot Technology Company Zycada Exits Stealth With $19 Million

By Noah Long ● Jun 18, 2020

Zycada recently announced that it emerged from stealth and raised $19 million in total funding to date.

Factory Video Analytics Company Drishti Closes $25 Million In Funding

By Amit Chowdhry ● Jun 18, 2020

Factory video analytics company Drishti Technologies announced it raised $25 million in Series B funding. These are the details.

Syncari: $6.5 Million Funding And New Board Members

By Annie Baker ● Jun 18, 2020

Syncari announced it has raised $6.5 million in a seed round of funding led by SignalFire.

Why Demandbase Is Buying Engagio

By Dan Anderson ● Jun 18, 2020

Demandbase, a leader in Account-Based Marketing (ABM), announced the company had acquired Engagio. These are the details about the deal.

SAP Is Developing These Solutions For Tackling Supply Chain Challenges

By Amit Chowdhry ● Jun 18, 2020

SAP SE (NYSE: SAP) recently announced several new services to help companies improve supply chain and industry-specific processes.

Coupa Software Inc (COUP) Closes Gross Proceeds Of $1.38 Billion In Senior Notes Offering

By Dan Anderson ● Jun 18, 2020

Coupa Software Inc (NASDAQ: COUP) recently announced that it closed its offering of convertible senior notes due 2026 for gross proceeds of $1.38 billion.

Accenture (ACN): Sentelis Acquisition And $341 Million Commerce Department Contract

By Amit Chowdhry ● Jun 17, 2020

Accenture Plc (NYSE: ACN) has announced it has acquired Sentelis and Accenture Federal Services (AFS) unveiled it won a $341 million Department of Commerce contract.

Facebook Launches New Features For Portal

By Dan Anderson ● Jun 17, 2020

Facebook has announced that it has launched several new features for the Portal line of devices.

Target (TGT) Increasing Minimum Wage To $15 Per Hour For Employees

By Noah Long ● Jun 17, 2020

Target Corporation (NYSE: TGT) announced it is permanently raising its starting wage for its store, distribution, and headquarter employees to $15 an hour starting July 5.

SoftBank (SFTBY) Reportedly Selling Two-Thirds Of T-Mobile (TMUS) Stake For About $20 Billion

By Annie Baker ● Jun 17, 2020

SoftBank Group Corp (OTCMKTS: SFTBY) is reportedly planning to sell two-thirds of its T-Mobile Us Inc (NASDAQ: TMUS) stake in a deal valued at about $20 billion.

CVS Health Partners With DoorDash For Same-Day Grocery Delivery

By Noah Long ● Jun 17, 2020

CVS Health Corp (NYSE: CVS) announced it partnered with DoorDash for same-day delivery of groceries, food, and non-prescription items.

Why Square (SQ) Is Buying Verse

By Amit Chowdhry ● Jun 17, 2020

Financial services company Square Inc (NYSE: SQ) announced that it is buying Verse, which is a Spanish peer-to-peer payments app.

Walmart (WMT) Starts Testing Self-Checkout Only Store

By Amit Chowdhry ● Jun 16, 2020

Walmart Inc (NYSE: WMT) has decided to start testing out a shopping experience due to the global health crisis caused by the coronavirus pandemic.