Enterprise

iRobot Corporation (IRBT) Experiences Stronger-Than-Expected Orders

By Amit Chowdhry ● Jun 16, 2020

Consumer robot company iRobot Corporation (NASDAQ: IRBT) provided an update on its operations with stronger-than-expected orders.

How Honeywell (HON) Is Going To Advance Unmanned Aerial Systems And Urban Air Mobility Technologies

By Amit Chowdhry ● Jun 16, 2020

Honeywell International Inc. (NYSE: HON) announced recently that it formed a new business unit that is dedicated to the growing Unmanned Aerial Systems and Urban Air Mobility (UAM) industries.

Blackstone Group (BX) To Invest $337 Million In Medtronic For Future Diabetes Technologies

By Dan Anderson ● Jun 16, 2020

Blackstone Group Inc (NYSE: BX) announced it is investing $337 million in Medtronic plc (NYSE:MDT).

Why Coupa Software (COUP) Is Buying Treasury Management Company BELLIN Group

By Amit Chowdhry ● Jun 16, 2020

Business spend management giant Coupa Software Inc (NASDAQ: COUP) recently announced it is buying BELLIN Group. These are the details..

Goldman Sachs (GS): COVID-19 Federal Aid Commitment Increased By $250 Million

By Noah Long ● Jun 16, 2020

Goldman Sachs Group Inc (NYSE: GS) recently announced an additional $250 million has been committed to funding the federal aid program for helping companies that were negatively impacted by the COVID-19 pandemic.

Lockheed Martin (LMT) Names James Taiclet As President And CEO

By Annie Baker ● Jun 16, 2020

Lockheed Martin Corporation (NYSE: LMT) recently announced that James Taiclet is now the president and CEO of the company.

American Express (AXP) Receives Clearance For Processing Local Payments In China

By Amit Chowdhry ● Jun 15, 2020

American Express Company (NYSE: AXP) announced it is now the first foreign payment network to receive a clearing license in mainland China.

AgroFresh Solutions (AGFS): $150 Million Equity Investment Commitment From Paine Schwartz

By Dan Anderson ● Jun 15, 2020

AgroFresh Solutions Inc (NASDAQ: AGFS) announced it entered an agreement to sell $150 million of newly issued convertible preferred stock to an affiliate of Paine Schwartz Partners.

Walmart Inc (WMT) Signs Major Partnership With Shopify Inc (SHOP)

By Amit Chowdhry ● Jun 15, 2020

Retail conglomerate Walmart Inc (NYSE: WMT) and online e-commerce leader Shopify Inc (NYSE: SHOP) announced a major partnership.

Facebook (FB): WhatsApp Payment Service Rolling Out, Starting With Brazil

By Amit Chowdhry ● Jun 15, 2020

Facebook, Inc. (NASDAQ: FB) is now offering a payments service through WhatsApp.

General Electric Company (GE): John Slattery Succeeding David Joyce As Head Of Aviation

By Amit Chowdhry ● Jun 15, 2020

General Electric Company (NYSE: GE) announced that GE Aviation CEO David Joyce is retiring and will be succeeded by John Slattery.

Net Element Inc (NETE) Enters Into LOI To Merge With Mullen Technologies

By Amit Chowdhry ● Jun 15, 2020

Net Element Inc (NASDAQ: NETE) announced today that it has entered into a binding Letter of Intent (LOI) to merge with privately-held Mullen Technologies.

How Qualcomm (QCOM) Is Helping Small Businesses Convert To Mobile-First Work Environments

By Amit Chowdhry ● Jun 15, 2020

QUALCOMM, Inc. (NASDAQ: QCOM) recently announced the Qualcomm Small Business Accelerator Program. These are the details.

Intelligent Business Process Improvement Company Zeitworks Raises $4.5 Million

By Dan Anderson ● Jun 15, 2020

Zeitworks announced it has exited from stealth mode and raised $4.5 million in a seed round of funding led by Madrona Venture Group.

No-Code App Development Platform JIFFY.ai Raises $18 Million

By Noah Long ● Jun 15, 2020

Unified enterprise automation innovation company JIFFY.ai announced it has raised $18 million in funding.

Jio Platforms Raising $847 Million From TPG and L Catterton

By Annie Baker ● Jun 15, 2020

Reliance Industries has raised the equivalent of about $847 million from the sale of two stakes in its digital unit Jio Platforms. These are the details.

JD.com Worldwide: Transaction Volume Surpassed 150% YoY On JD PLUS Day

By Annie Baker ● Jun 14, 2020

JD.com Inc (NASDAQ: JD) reported that on June 8th, the transaction volume on its platform for imported brands JD Worldwide increased over 150% year-on-year on JD PLUS Day.

Zendesk (ZEN): Pricing Of Offering Of $1 Billion Of Convertible Senior Notes

By Amit Chowdhry ● Jun 14, 2020

Zendesk Inc (NYSE: ZEN) recently announced the pricing of $1 billion aggregate principal amount of Convertible Senior Notes due 2025 in a private offering

Conversational Email And Productivity Company Spike Raises $8 Million

By Amit Chowdhry ● Jun 14, 2020

Spike — an email, chat, calendar, calls, team collaboration, and tasks app — announced that it has raised $8 million in Series A funding.

Honeywell (HON) And SAP Partner On Cloud-Based Solutions

By Amit Chowdhry ● Jun 14, 2020

Honeywell International Inc. (NYSE: HON) and SAP SE (NYSE: SAP) announced they have partnered to create a joint cloud-based solution.

Real Estate Co-Investor Haus Closes $15.75 Million

By Dan Anderson ● Jun 14, 2020

Haus Services, a real estate co-investor company that is offering liquidity and affordability to homeowners, announced it has raised $15.75 million in Series A funding round.

CareAcademy Raises $9.5 Million Led By Impact America Fund

By Dan Anderson ● Jun 13, 2020

CareAcademy, a leading home care and home health workforce empowerment platform, announced it has closed $9.5 million in funding.

Online Abuse Detection Company Sentropy Secures $13 Million

By Annie Baker ● Jun 13, 2020

Sentropy, a company that is developing tools for detecting online abuse, announced recently that it raised $13 million in funding.

Data Analytics Solutions Company Ocient Closes $15 Million In Funding

By Annie Baker ● Jun 13, 2020

Ocient, a Data Analytics Solutions (DAS) company that is developing ultra-large-scale relational database software, announced it raised $15 million in funding.

Postman: $150 Million Series C Funding And $2 Billion Valuation

By Dan Anderson ● Jun 13, 2020

API development platform company Postman announced it has raised $150 million in a Series C funding round led by Insight Partners.

Chuck E. Cheese Reportedly Nearing Bankruptcy

By Noah Long ● Jun 13, 2020

Children’s pizza restaurant Chuck E. Cheese is reportedly about $1 billion in debt and the restaurant may not be able to reopen.

Detroit-Based Quicken Loans Preparing For An IPO

By Amit Chowdhry ● Jun 12, 2020

Detroit-based mortgage lender Quicken Loans is reportedly planning to forge ahead for an IPO.

Palantir Reportedly Preparing To File For An IPO

By Dan Anderson ● Jun 12, 2020

Big data company Palantir Technologies is reportedly planning to file to go public in the coming weeks and it could potentially start trading this fall.

Tackle.io Closes $7.25 Million Led by Bessemer Venture Partners

By Annie Baker ● Jun 12, 2020

Tackle.io, a company that is dedicated to helping software providers accelerate revenue through Cloud Marketplaces, announced it raised $7.25 million in Series A funding.

Financial Inclusion Platform Grow Credit Raises $2 Million

By Dan Anderson ● Jun 12, 2020

Grow Credit — a minority-led startup financial inclusion platform — announced that Mucker Capital has joined its seed round of funding.