Enterprise

Splunk (SPLK) Announces Proposed Private Placement Of $900 Million Of Convertible Senior Notes

By Dan Anderson ● Jun 1, 2020

Splunk Inc (NASDAQ: SPLK) announced it intends to offer (subject to market conditions and other factors) $900 million principal amount of convertible senior notes due 2027 in a private placement to qualified institutional buyers.

Equinix (EQIX) Buying 25 Data Center Facilities From BCE

By Noah Long ● Jun 1, 2020

Equinix Inc (NASDAQ: EQIX) announced it is buying 25 data centers at 13 sites from BCE Inc. (TSX: BCE) (NYSE: BCE) in an all-cash transaction valued at Cdn $1.04 billion.

Digital Freight Forwarder Beacon Raises Over $15 Million From Jeff Bezos And 8VC

By Dan Anderson ● Jun 1, 2020

Beacon, a London-based next-generation freight forwarding and supply chain finance company, announced it has raised over $15 million.

Lowe’s Companies (LOW) Announces Augmented Video Chat Service For Virtual Home Visits

By Amit Chowdhry ● Jun 1, 2020

To help keep Pros working, Lowe's Companies, Inc. (NYSE: LOW) announced the launch of Lowe's for Pros JobSIGHT powered by Streem, an augmented video chat service that enables Pros to conduct virtual home visits with customers.

Diodes Incorporated (DIOD) Enters Into New $670 Million Credit Agreement

By Noah Long ● Jun 1, 2020

Diodes Incorporated (Nasdaq: DIOD) has announced it entered into a new credit agreement that will provide a three-year secured $670 million credit facility.

Employee Rewards Platform Bonusly Raises $9 Million

By Annie Baker ● Jun 1, 2020

Recognition and rewards platform Bonusly announced it has raised $9 million in Series A funding.

Masmovil Ibercom SA (MAS) To Be Taken Private In $3.3 Billion Deal

By Annie Baker ● Jun 1, 2020

Spanish phone company Masmovil Ibercom SA (BME: MAS) will be taken private by three buyout funds as part of a 3 billion euros ($3.3 billion) deal.

Zynga (ZNGA) Is Buying Turkish Mobile Gaming Company Peak For $1.8 Billion

By Amit Chowdhry ● Jun 1, 2020

Zynga Inc (NASDAQ: ZNGA) announced it is buying Turkish mobile-game company Peak for $1.8 billion as part of a cash and stock deal.

Autonomous Mobile Robot Company OTTO Motors Raises $29 Million

By Dan Anderson ● Jun 1, 2020

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

Cosmetics Company Coty Names Chairman Peter Harf As CEO

By Dan Anderson ● Jun 1, 2020

Cosmetics company Coty Inc (NYSE: COTY) announced it has named Chairman Peter Harf as the chief executive officer of the company.

Marqeta: $150 Million In Funding And $4.3 Billion Valuation

By Amit Chowdhry ● May 30, 2020

Card issuing platform Marqeta announced it raised $150 million at a valuation of $4.3 billion.

Network Intelligence Platform Kentik Closes $23.5 Million In Funding

By Dan Anderson ● May 29, 2020

Kentik, a provider of the leading network intelligence platform, announced it has raised $23.5 million in growth funding led by Vistara Capital Partners.

Cloud-Based Voice Platform Company Aircall Secures $65 Million

By Annie Baker ● May 29, 2020

Aircall, a cloud-based voice platform that helps companies across the globe manage millions of customer support and sales calls every day, announced it raised $65 million.

Data Quality Monitoring Company Toro Raises $4 Million

By Dan Anderson ● May 29, 2020

Toro, a modern data quality monitoring solution built by former members of Uber's data platform team, announced it raised $4 million in seed funding co-led by Costanoa Ventures and Point72 Ventures.

Fusion Energy Company Commonwealth Fusion Systems Raises $84 Million

By Noah Long ● May 29, 2020

Commonwealth Fusion Systems (CFS), a company that is commercializing fusion energy, announced it has raised $84 million in A2 funding.

Thierry Delaporte Named As CEO Of Wipro Limited (WIT)

By Amit Chowdhry ● May 29, 2020

Wipro Limited (NYSE: WIT) announced it has named Thierry Delaporte as chief executive officer.

Cisco Systems (CSCO) Announces Plan To Buy ThousandEyes

By Amit Chowdhry ● May 29, 2020

Cisco Systems, Inc. (NASDAQ: CSCO) has announced its plan to buy Internet and Cloud intelligence platform company ThousandEyes. These are the details.

Harry Shum Becomes Chairman Of The Board At News Break

By Dan Anderson ● May 29, 2020

Intelligent local news platform News Break announced it has appointed Harry Shum to the chairman of the board.

Qualys (QLYS) Names Joo Mi Kim As New Chief Financial Officer

By Amit Chowdhry ● May 29, 2020

Cloud-based IT, security, and compliance solutions company Qualys Inc (NASDAQ: QLYS) announced it has appointed Joo Mi Kim as Chief Financial Officer.

Multicloud-To-Edge NoSQL Database Couchbase Raises $105 Million

By Amit Chowdhry ● May 28, 2020

Couchbase, the creator of an enterprise-class multicloud-to-edge NoSQL database, announced it raised $105 million.

Online Real Estate Transaction Service Spruce Raises $29 Million

By Dan Anderson ● May 28, 2020

Spruce, a national platform for enabling online real estate transactions with innovative title and escrow solutions, announced it raised $29 million in Series B funding

Venture Firm Spectrum Equity Closes $1.5 Billion Fund IX

By Noah Long ● May 28, 2020

Venture firm Spectrum Equity recently announced the closing of Spectrum Equity IX L.P. at a hard cap of $1.5 billion

Chief, A Private Network That Drives Women Into Leadership Positions, Raises $15 Million In Funding

By Annie Baker ● May 28, 2020

Chief, a private network driving women into leadership positions, announced it has raised $15 million in a new round of funding from all existing investors.

Apple (AAPL) Reportedly Acquired Machine Learning Company Inductiv

By Amit Chowdhry ● May 28, 2020

Apple (NASDAQ:AAPL) has reportedly acquired machine-learning company Inductiv, which utilizes artificial intelligence to correct errors in data.

Yext Partners With Adobe (ADBE) On The Exchange Program At The Premier Level

By Amit Chowdhry ● May 28, 2020

Search Experience Cloud company Yext Inc (NYSE: YEXT) announced it is partnering with Adobe Inc (NASDAQ: ADBE) on the Exchange program at the premier level.

Twitter (TWTR) CEO Jack Dorsey Discusses Fact-Checking Labels

By Amit Chowdhry ● May 28, 2020

Twitter Inc (NYSE: TWTR) CEO Jack Dorsey has been responding to concerns about the fact-checking labels that were added to the social media service.

Tesla (TSLA) Drops Prices Across Vehicle Lineup

By Amit Chowdhry ● May 28, 2020

Tesla Inc (NASDAQ: TSLA) has reduced the prices of its vehicles. There were drops in prices by thousands of dollars on a number of its models.

SAP Executive Todd McElhatton Hired As CFO Of Zuora (ZUO), Effective June 22

By Amit Chowdhry ● May 28, 2020

Todd McElhatton, the head of SAP SE’s cloud division, will become the head of finances at San Mateo, California-based cloud applications Zuora on June 22.

VBI Vaccines (VBIV) Raises $50 Million In Debt Financing

By Amit Chowdhry ● May 28, 2020

Commercial-stage biopharmaceutical company VBI Vaccines Inc (NASDAQ:VBIV) announced that it has entered into a debt financing facility for up to $50 million with K2 HealthVentures (K2HV).

On-Demand Storage Company MakeSpace Raises $55 Million

By Dan Anderson ● May 28, 2020

On-demand storage company MakeSpace announced it raised $55 million in equity financing and some debt.