Enterprise

Freight Tech Companies Sennder And Everoad Merging

By Annie Baker ● Jun 9, 2020

Launched in 2015, German freight technology Sennder will be merging with France-based Everoad in a stock-based deal.

McDonald’s Corp (MCD) Announces Leadership Changes Within Global Marketing

By Amit Chowdhry ● Jun 9, 2020

Today Mcdonald's Corp (NYSE: MCD) President and CEO Chris Kempczinski announced leadership changes within the global marketing organization. These are the details.

Apple Reportedly Announcing ARM-Based Mac Chips At WWDC This Month

By Amit Chowdhry ● Jun 9, 2020

Apple Inc. (NASDAQ: AAPL) is expected to announce its switch from Intel to ARM chips for the Mac product line at the Worldwide Developers Conference (WWDC) this month.

MIT-Born Quaise Raises $6 Million In Round Led By The Engine To Access Geothermal Energy

By Noah Long ● Jun 9, 2020

Quaise, a company that is pioneering millimeter-wave drilling technology for accessing deep geothermal energy, announced it raised $6 million.

CommVault Systems (CVLT) Enters Agreement With Starboard Value And Announces 3 New Directors

By Annie Baker ● Jun 9, 2020

Enterprise software company CommVault Systems, Inc. (NASDAQ: CVLT) announced that it entered into an agreement with Starboard Value with 3 new directors.

Black Knight (BKI): Joseph Otting To Serve On Board Of Directors

By Noah Long ● Jun 9, 2020

Black Knight Inc (NYSE: BKI), a provider of integrated software, data, and analytics to the mortgage and real estate industries, announced it has named Joseph M. Otting for its board of directors.

Greg Tarr Named Chief Strategy Officer At Karma Automotive

By Annie Baker ● Jun 8, 2020

Greg Tarr has been named chief strategy officer at Karma Automotive. These are the details.

Comcast Corporation (CMCSA): $100 Million Committed To Combating Inequality

By Dan Anderson ● Jun 8, 2020

Comcast Corporation (NASDAQ: CMCSA) CEO Brian Roberts announced that the company is committed to spending $100 million over the next 3 years to combat inequality.

Sirius XM Holdings (SIRI): $1.5 Billion Of 4.125% Senior Notes Due 2030 Priced

By Amit Chowdhry ● Jun 8, 2020

Sirius XM Holdings Inc (NASDAQ: SIRI) announced its subsidiary priced an offering of $1.5 billion of 4.125% Senior Notes due 2030.

Jio Platforms Raises $750 Million From Abu Dhabi Investment Authority

By Amit Chowdhry ● Jun 8, 2020

India-based digital services company and Reliance subsidiary Jio Platforms has raised $750 million from Abu Dhabi's sovereign wealth fund.

Basis Vectors Announces $50 Million Private Equity And Technology Fund

By Annie Baker ● Jun 8, 2020

Basis Vectors, a Berkshire Hathaway-style alternative investment and technology firm, announced its launch and plans to acquire B2B software companies.

Nashville-Based Petra Capital Partners Closes $208 Million For Growth Fund IV

By Dan Anderson ● Jun 8, 2020

Nashville, Tennessee-based Petra Capital Partners announced it completed fundraising on Petra Growth Fund IV (“PGF IV”) with $208 million of capital.

Travelport Raising Up To $1 Billion In Financing

By Dan Anderson ● Jun 8, 2020

Leading travel technology company Travelport Worldwide Limited announced that it received commitments for up to $1 billion from affiliates of existing owners.

Business Financial Data Company Powerlytics Raises $4 Million

By Noah Long ● Jun 8, 2020

Powerlytics, a data provider that has granular data for the 200 million adults and 30 million businesses that make up the U.S. economy, announced that it has raised $4 million in funding.

Asana Reportedly Raised $200 Million By Issuing Convertible Debt Before IPO

By Amit Chowdhry ● Jun 8, 2020

Asana, a work management company founded by Dustin Moskovitz and Justin Rosenstein, has reportedly raised about $200 million by issuing convertible debt ahead of the direct listing later this year.

Facebook CEO Mark Zuckerberg To Consider Changes Around Trump’s Controversial Posts

By Noah Long ● Jun 8, 2020

Facebook, Inc. (NASDAQ: FB) said that he would consider making changes to the policy that involved the company leaving up controversial posts published by President Donald Trump regarding the George Floyd protests.

Atlas Venture Raises $400 Million For Fund XII

By Amit Chowdhry ● Jun 7, 2020

Leading early-stage venture capital firm Atlas Venture announced that it closed its twelfth fund at $400 million. These are the details.

AstraZeneca (AZN): Gilead Sciences (GILD) Merger Talks, Oxford University Vaccine Plans, Bill And Melinda Gates Foundation Partnership

By Amit Chowdhry ● Jun 7, 2020

AstraZeneca plc (NYSE: AZN) announced it has started manufacturing experimental coronavirus vaccines developed by Oxford University and the company is reportedly in talks with Gilead about a merger