Enterprise

Pie Insurance Secures $127 Million In Funding And Capital Commitments

By Noah Long ● May 28, 2020

Insurance tech company Pie Insurance announced it has closed $27 million in a new round of funding and capital commitments.

Tencent To Invest About $70 Billion In New Infrastructure

By Annie Baker ● May 28, 2020

China-based Tencent Holding (OTCMKTS:TCEHY) announced it is investing 500 billion yuan (about $70 billion) in its technology infrastructure over the next 5 years.

Why Merck Is Buying Themis

By Dan Anderson ● May 27, 2020

Merck & Co., Inc. (NYSE: MRK) and Themis -- which is a company focused on vaccines and immune-modulation therapies for infectious diseases and cancer -- announced that the companies have entered into a definitive agreement under which Merck will buy Themis.

API Marketplace RapidAPI Raises $25 Million

By Amit Chowdhry ● May 27, 2020

RapidAPI, the world’s largest API Marketplace used by developers to find and connect thousands of APIs, announced it raised $25 million in Series B funding.

Internet Infrastructure Company evervault Secures $16 Million

By Annie Baker ● May 26, 2020

evervault, a Dublin-based Internet infrastructure company, announced it raised $16 million in Series A funding.

SaaS E-Commerce Platform Company Ecwid Raises $42 Million

By Dan Anderson ● May 26, 2020

Ecwid, a leading global software-as-a-service (SaaS) e-commerce company, announced it raised $42 million in funding led by Morgan Stanley Expansion Capital and PeakSpan Capital.

Commercial Insurance AI Company CLARA analytics Secures $25 Million

By Noah Long ● May 26, 2020

CLARA analytics, a leading provider of artificial intelligence technology in the commercial insurance industry, announced it raised $25 million.

Ride Sharing Company Bolt Raises $109 Million At $1.9 Billion Valuation

By Amit Chowdhry ● May 26, 2020

Ride-sharing company Bolt Technology OU (formerly known as Taxify) has closed $109 million in funding from Naya Capital Management.

CX Automation Company Directly Secures $11 Million

By Annie Baker ● May 26, 2020

Directly, a leader in customer experience automation, announced it raised $11 million in new funding. These are the details.

Telehealth Leader Amwell Raises $194 Million

By Dan Anderson ● May 26, 2020

National telehealth leader Amwell announced it has raised $194 million in funding across two tranches.

KKR To Invest $1.5 Billion In Jio Platforms

By Amit Chowdhry ● May 26, 2020

KKR & Co Inc (NYSE: KKR) announced it is going to invest $1.5 billion in Reliance Industries’ Jio Platforms, which is the investment management firm’s largest investment in Asia.

Amplitude: $50 Million Funding, Over $1 Billion Valuation, Nearly $100 Million ARR

By Amit Chowdhry ● May 26, 2020

Product intelligence company Amplitude recently announced it raised $50 million in Series E funding led by GIC at a valuation of more than $1 billion.

UBS Group Forms A New Global Financing Team

By Dan Anderson ● May 25, 2020

Today UBS Group AG (NYSE: UBS) announced it created a new global financing team. These are the details.

Privacy API Company Skyflow Raises $7.5 Million

By Amit Chowdhry ● May 25, 2020

Skyflow has announced it raised $7.5 million and it launched an API for privacy, powered by a customer data vault.

Ray Dalio Answers Questions About Education, Capitalism, And Principles

By Amit Chowdhry ● May 25, 2020

Billionaire investor Ray Dalio recently answered questions from his followers about education, capitalism, and principles. These are the questions and his responses.

WorldQuant Names Gary Chropuvka As President

By Amit Chowdhry ● May 23, 2020

Global quantitative asset management firm WorldQuant announced it has appointed Gary Chropuvka as president.

MasterClass Closes $100 Million In Series E

By Amit Chowdhry ● May 23, 2020

MasterClass, a streaming platform that makes it easier to learn from experts in their field, announced it raised $100 million in Series E funding.

Licensing Platform Company Brainbase Secures $8 Million In Funding

By Noah Long ● May 23, 2020

Brainbase, a technology platform that helps companies manage any licensing, partnership or sponsorship agreement, announced it raised $8 million.

Open-Source ‘Headless’ CMS Company Strapi Raises $10 Million

By Dan Anderson ● May 23, 2020

Strapi, the open-source “headless” content management system (CMS), announced it raised $10 million in Series A funding led by Index Ventures.

BetterCloud Secures $75 Million Led By Warburg Pincus

By Noah Long ● May 22, 2020

BetterCloud, a leading SaaSOps platform for managing and securing the digital workplace, announced it raised $75 million in funding led by Warburg Pincus.

Consent-Based Identity Platform Truework Raises $30 Million

By Annie Baker ● May 22, 2020

Consent-based identity platform Truework announced it raised $30 million in funding.

What Is Facebook Shops And How Does It Work?

By Dan Anderson ● May 21, 2020

Facebook recently announced a new feature called Shops. This is how it works.

David M. Solomon On How Goldman Sachs Adapted To The New Operating Environment

By Amit Chowdhry ● May 21, 2020

David M. Solomon, Chairman & CEO at Goldman Sachs Group Inc (NYSE: GS), recently participated in an interview with Lance Uggla, chairman and CEO, IHS Markit (NYSE: INFO). Here's what they said.

Customer-To-Customer Platform Bevy Raises $15 Million

By Noah Long ● May 21, 2020

Bevy, an enterprise-grade Customer-to-Customer (C2C) platform, announced it raised $15 million in Series B funding.

Microsoft Unveils Supercomputer For OpenAI And Buys Softomotive

By Noah Long ● May 21, 2020

Microsoft recently announced it acquired robotic process automation (RPA) startup Softomotive. And the company also unveiled that it launched a supercomputer for OpenAI.

EHS Software Platform Encamp Raises $3.1 Million

By Annie Baker ● May 21, 2020

Encamp — an environmental, health, and safety (EHS) software platform — announced it raised $3.1 million in Series A funding.

Client-Side Web Security Company Source Defense Raises $10.5 Million

By Dan Anderson ● May 21, 2020

Source Defense, a market leader in client-side web security, announced it raised $10.5 million in Series A+ funding.

Experience Analytics Company Contentsquare Raises $190 Million

By Annie Baker ● May 20, 2020

Experience analytics leader Contentsquare announced it raised $190 million in Series D funding.

Financial Tech Company Brex Raises $150 Million

By Amit Chowdhry ● May 19, 2020

Brex announced it raised $150 million in funding from Lone Pine Capital and a group of existing investors led by DST.

Walmart (WMT) Beats Wall Street Expectations, Jet.com Shutting Down

By Amit Chowdhry ● May 19, 2020

Today Walmart revealed its quarterly earnings and it beat Wall Street expectations. Plus the company said it was shutting down Jet.com.