Enterprise

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.

Why Hippo Is Buying Spinnaker Insurance Company

By Amit Chowdhry ● Jun 4, 2020

Hippo, a company that is transforming home insurance and ownership, announced that it entered into a definitive agreement to buy Spinnaker Insurance Company.

Realtor.com Appoints Rachel Morley As Chief Product Officer

By Annie Baker ● Jun 4, 2020

Realtor.com has announced that it has promoted Rachel Morley to Chief Product Officer. These are the details.

Axon Enterprise (AAXN) Names Adriane Brown To The Board Of Directors

By Amit Chowdhry ● Jun 4, 2020

Axon Enterprise Inc (NASDAQ: AAXN) — a global leader in connected public safety technologies — announced the addition of Adriane Brown to its board of directors.

Mobile Banking Company Varo Closes $241 Million In Funding

By Annie Baker ● Jun 4, 2020

Mobile banking company Varo Money announced it has raised $241 million in a Series D round of funding.

Startup Accelerator Team8 Launches A VC Arm

By Amit Chowdhry ● Jun 3, 2020

Israel-based startup accelerator Team8 announced it is launching a VC arm. These are the details.

All-In-One Banking App Lili Closes $10 Million In Funding

By Noah Long ● Jun 3, 2020

Lili, an all-in-one banking app that is designed for freelance workers, announced it raised a $10 million seed funding round.

Paperwork Automation Platform Anvil Raises $5 Million

By Amit Chowdhry ● Jun 3, 2020

Paperwork automation platform Anvil announced it has raised $5 million in Series A funding led by Google's AI-focused investment fund Gradient Ventures.

Intelligence Solution Watchful Raises $3 Million

By Noah Long ● Jun 3, 2020

Watchful, an intelligence solution that is focused on revealing your competitors' product strategy, announced it has raised $3 million.

MassMutual Ventures Announces Third $100 Million Fund

By Amit Chowdhry ● Jun 3, 2020

MassMutual Ventures (MMV) has announced today that it has launched a third $100 million venture capital fund.

SoftBank Is Launching A $100 Million Fund To Invest In People Of Color

By Amit Chowdhry ● Jun 3, 2020

SoftBank Group Corp announced today that it is launching a $100 million to invest in companies that are “led by founders and entrepreneurs of color” called "Opportunity Growth Fund."

Gojek: Facebook And PayPal Joins As Investors

By Amit Chowdhry ● Jun 3, 2020

Facebook and PayPal are now investors in Indonesia-based Gojek. These are the details about the funding news.

Hylan And Sitetracker Sign Partnership

By Amit Chowdhry ● Jun 3, 2020

Sitetracker — a company that manages high-volume projects for infrastructure owners and operators, announced it is partnering with Hylan.

Business Process Automation Appway Company Raises $37 Million

By Amit Chowdhry ● Jun 3, 2020

Business process automation company Appway announced that it has raised a $37 million minority investment from Summit Partners.

Autonomous Mobile Robot Company Locus Robotics Raises $40 Million

By Dan Anderson ● Jun 3, 2020

Locus Robotics, a market leader in autonomous mobile robots (AMR) for fulfillment warehouses, announced that it raised over $40 million in Series D funding.

Twitter Promotes Patrick Pichette To Chairman Of The Board

By Noah Long ● Jun 3, 2020

Twitter has appointed Patrick Pichette as the company chairman.

BlackBerry Ltd (BB) Hires Tom Eacobacci From Citrix To Serve As President

By Amit Chowdhry ● Jun 2, 2020

BlackBerry Ltd (NYSE:BB) (TSX:BB) announced it has appointed Tom Eacobacci as President. These are the details about the hiring.

HubSpot (HUBS): Offering Of $400 Million In Convertible Senior Notes

By Amit Chowdhry ● Jun 2, 2020

HubSpot Inc (NYSE: HUBS) has announced the pricing of $400 million aggregate principal amount of Convertible Senior Notes due 2025 in a private offering to persons reasonably believed to be qualified institutional buyers.

OurCrowd Unveils $100 Million Pandemic Innovation Fund

By Amit Chowdhry ● Jun 2, 2020

OurCrowd — which is the world’s largest crowdfunded-venture investment platform — announced the launch of its Pandemic Innovation Fund with plans to raise $100 million for investment.

Shamrock Capital Buys Adweek

By Noah Long ● Jun 2, 2020

Los Angeles-based investment firm Shamrock Capital announced that it has acquired Adweek. These are the details.

Ares Management: $150 Million Capital Raised For IGS Resi Solar III

By Noah Long ● Jun 2, 2020

Ares Management Corporation (NYSE: ARES) — through funds managed by its Infrastructure and Power strategy and IGS Ventures — announced the completion of a $150 million capital raise for IGS Resi Solar III, LLC.

Presto-Based Analytics Company Ahana Secures $2.25 Million Led By GV

By Amit Chowdhry ● Jun 2, 2020

Presto-based analytics company Ahana announced it raised $2.25 million in a round of funding led by GV.