Enterprise

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

Why Chegg (CHGG) Is Buying Mathway For About $100 Million In All-Cash

By Amit Chowdhry ● Jun 7, 2020

Chegg Inc (NYSE: CHGG) recently announced it has acquired math solver Mathway. These are the details about the deal.

Lahore-Based B2B E-Commerce Company Tajir Raises $1.8 Million

By Noah Long ● Jun 7, 2020

Pakistan-based B2B e-commerce company Tajir announced it has raised $1.8 million in funding.

Coastal Cloud Secures Funding From Sverica And Salesforce Ventures

By Dan Anderson ● Jun 7, 2020

Coastal Cloud LLC recently announced that it raised a strategic round of funding from Sverica Capital Management LP and Salesforce Ventures.

WeWork Co-Founder Miguel McKelvey To Step Down At The End Of June

By Noah Long ● Jun 6, 2020

WeWork co-founder and chief culture officer Miguel McKelvey announced he will be stepping down from the office-sharing startup at the end of the month

Autonomous Mobile Robot Company OTTO Motors Closes $29 Million In Funding

By Annie Baker ● Jun 5, 2020

OTTO Motors, a division of Clearpath Robotics, announced it has raised $29 million in Series C funding.

Why VMware (VMW) Is Buying Lastline

By Amit Chowdhry ● Jun 5, 2020

Tom Gillis, SVP & General Manager at VMware, Inc. (NYSE: VMW), announced that the company is intending to buy Lastline. These are the details.

Amazon Signs New Partnership With Slack

By Annie Baker ● Jun 5, 2020

Productivity software company Slack Technologies Inc (NYSE: WORK) recently announced it signed a new deal with online retail giant Amazon.com, Inc. (NASDAQ: AMZN)

Doug McMillon: Walmart (WMT) Pledges $100 Million For Addressing Systematic Racism

By Dan Anderson ● Jun 5, 2020

Walmart Inc (NYSE: WMT) CEO Doug McMillon sent an email to employees to condemn the death of George Floyd and announce a commitment to addressing systematic racism.

Jio Platforms: $1.2 Billion From Mubadala Investment And $602 Million From Consortium Led By Silver Lake

By Noah Long ● Jun 5, 2020

Jio Platforms has received a ₹9,000 crore investment ($1.2 billion) from Abu Dhabi-based Mubadala Investment and 45.5 billion rupees ($602 million) from a consortium led by Silver Lake. These are the details.

Mercato Partners Closes $90 Million Savory Fund I

By Dan Anderson ● Jun 5, 2020

Mercato Partners has announced a new inaugural food and beverage fund called Savory Fund I with $90 million in capital.

Conversational Search Technology Company Searchable.ai Raises $4 Million

By Dan Anderson ● Jun 5, 2020

Searchable.ai — the creators of a new class of "Conversational Search" technology — announced that it raised $4 million in additional seed funding led by Susquehanna International Group and Omicron Media.

Cloud Communications Company Cloud9 Raises $17.5 Million Led By UBS

By Dan Anderson ● Jun 4, 2020

Cloud-based communications leader Cloud9 Technologies announced it has raised a $17.5 million Series B round of funding.

Francisco Partners Closes Nearly $10 Billion In Capital Commitments

By Amit Chowdhry ● Jun 4, 2020

Francisco Partners has announced that it closed about $10 billion in capital commitments across three funds.

Amazon Reportedly In Talks To Buy $2 Billion Stake In Bharti Airtel

By Amit Chowdhry ● Jun 4, 2020

Amazon.com, Inc. (NASDAQ: AMZN) is reportedly in early-stage talks to buy a $2 billion stake in Bharti Airtel Limited (NSE: BHARTIARTL).

LiveXLive Media (LIVX) Launches New Audio-Video Smart TV App

By Amit Chowdhry ● Jun 4, 2020

LiveXLive Media Inc (NASDAQ: LIVX), a global digital media company that is dedicated to music and live entertainment, announced it has released a new unified audio-video Smart TV app experience.

Email Phishing Protection Company INKY Raises $20 Million

By Amit Chowdhry ● Jun 4, 2020

INKY Technology Corporation, a pioneer in next-gen email phishing protection, announced that it has raised $20 million in Series B funding.

NGL Energy Partners LP: $250 Million Term Loan Facility Entered With Apollo Global (NGL, APO)

By Amit Chowdhry ● Jun 4, 2020

NGL Energy Partners LP (NYSE: NGL) has announced that it entered into a new $250 million term loan facility with certain funds and accounts managed by affiliates of Apollo Global.

Meritech Capital Raises $800 Million For Seventh Fund

By Amit Chowdhry ● Jun 4, 2020

Venture capital firm Meritech Capital Partners LP has raised $800 million for its seventh fund.

Delta To Extend Social Distancing Through September 30

By Dan Anderson ● Jun 4, 2020

Delta Air Lines, Inc. (NYSE: DAL) announced that it is going to extend social distancing precautions on its flights through September 30.

Palo Alto Networks (PANW) Unveils $1.75 Billion Offering Of Convertible Senior Notes Due 2025

By Amit Chowdhry ● Jun 4, 2020

Palo Alto Networks Inc (NYSE: PANW) has announced its intention to offer (subject to market conditions and other factors) $1.75 billion aggregate principal amount of convertible senior notes due 2025 in a private placement to qualified institutional buyers.