Enterprise

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.

Kevin Mayer Named As TikTok CEO And ByteDance COO

By Amit Chowdhry ● May 19, 2020

Kevin Mayer, Chairman of Direct-to-Consumer and International at The Walt Disney Company, resigned from the media giant to become CEO of TikTok and COO of TikTok's parent company ByteDance.

Square (SQ) Now Offering Option To Permanently Work From Home

By Dan Anderson ● May 19, 2020

Square CEO Jack Dorsey announced that company employees will be offered an option to permanently work from home.

Hertz Global (HTZ) Names Paul Stone As CEO

By Noah Long ● May 18, 2020

Today Hertz Global Holdings Inc (NYSE: HTZ) announced it named Paul Stone as chief executive officer.

Curtiss-Wright (CW) Prices Its $300 Million Debt Offering

By Dan Anderson ● May 18, 2020

Curtiss-Wright Corp. (NYSE: CW) has announced it priced a private placement debt offering of $300 million for senior notes,

Why Accenture (ACN) Is Buying Byte Prophecy

By Amit Chowdhry ● May 18, 2020

Accenture Plc (NYSE: ACN) announced it has acquired Byte Prophecy, which is an automated insights and big data analytics company based in Ahmedabad, India.

SoftBank Group (SFTBY): Alibaba Co-Founder Jack Ma Stepping Down From Board

By Amit Chowdhry ● May 18, 2020

Alibaba co-founder Jack Ma is stepping down from the SoftBank Group Corp (OTCMKTS: SFTBY) board of directors.

EIG Global Energy Partners Announces $1.1 Billion Global Project Fund V

By Amit Chowdhry ● May 18, 2020

EIG Global Energy Partners (EIG) announced the successful final close of EIG Global Project Fund V (GPF V) with total commitments of $1.1 billion.

Jio Platforms Now Valued At About $68 Billion Following General Atlantic Investment

By Dan Anderson ● May 17, 2020

General Atlantic is investing around 66 billion rupees ($873 million) in Reliance Industries Limited (NSE: RELIANCE) subsidiary Jio Platforms.

Italian PM Giuseppe Conte Says Fiat Chrysler (FCAU) Eligible For State-Backed Loan

By Amit Chowdhry ● May 17, 2020

Fiat Chrysler Automobiles NV (NYSE: FCAU) is entitled to apply for Italian state-backed loans, according to Prime Minister Giuseppe Conte.