Enterprise

Why Cyberark Software Is Buying Idaptive For $70 Million

By Amit Chowdhry ● May 16, 2020

Privileged access management company Cyberark Software Ltd (NASDAQ: CYBR) announced it has acquired IDaptive Holdings.

Dynamic Adaptive Risk Company Deep Labs Raises $16 Million

By Dan Anderson ● May 16, 2020

Deep Labs, a leader in AI and the creator of patented persona-based context-aware decisioning and risk systems, announced it raised $16 million.

Criteo (CRTO) Appoints Dave Anderson As Interim Chief Financial Officer

By Amit Chowdhry ● May 15, 2020

Retargeting ad company Criteo SA (NASDAQ: CRTO) announced it has appointed Dave Anderson as interim Chief Financial Officer for a six-month engagement in replacement of Benoit Fouilland.

Why Goldman Sachs (GS) Is Buying Folio

By Amit Chowdhry ● May 15, 2020

Goldman Sachs Group Inc (NYSE: GS) announced it is buying wealth management company Folio Financial. These are the details about the deal.

DigitalOcean: $50 Million Funding, $1.15 Billion Valuation, $300 Million ARR

By Amit Chowdhry ● May 15, 2020

DigitalOcean, a cloud for developing modern apps, announced it raised $50 million in Series C funding at a valuation of $1.15 billion.

Why VMware (VMW) Is Buying Octarine

By Amit Chowdhry ● May 15, 2020

VMware, Inc. (NYSE: VMW) recently announced its intent to buy Octarine in order to extend VMware’s intrinsic security capabilities for containers and Kubernetes.

MTS Systems (MTSC) Names Randy Martinez As Interim CEO

By Amit Chowdhry ● May 15, 2020

MTS Systems Corporation (NASDAQ: MTSC) announced that its Board of Directors has unanimously elected Randy Martinez as Interim President and Chief Executive Officer.

Nuance Communications (NUAN) Appoints Diana Nole As EVP And GM Of Healthcare Business

By Amit Chowdhry ● May 15, 2020

Nuance Communications Inc. (NASDAQ:NUAN) has announced its appointment of Diana Nole to Executive Vice President and General Manager of the company's Healthcare business.

Kustomer Buying Reply.ai: Details About The Deal

By Dan Anderson ● May 15, 2020

Omnichannel SaaS platform company Kustomer announced it signed an agreement to buy Reply.ai. These are the details about the deal.

Why Microsoft (MSFT) Is Buying Metaswitch Networks

By Amit Chowdhry ● May 15, 2020

Microsoft Corporation (NASDAQ:MSFT) has announced a definitive agreement to buy Metaswitch Networks. These are the details about the deal.

Process Discovery Company FortressIQ Secures $30 Million

By Annie Baker ● May 14, 2020

FortressIQ, a company delivering human-level observability into the processes behind every strategic business initiative, announced it raised $30 million.

Maintenance Management Company UpKeep Raises $36 Million

By Dan Anderson ● May 14, 2020

Maintenance management company Upkeep has announced it has raised $36 million in Series B funding.

Salesforce.com (CRM): Gavin Patterson Promoted To President And Chief Revenue Officer

By Amit Chowdhry ● May 13, 2020

CRM leader Salesforce.com, Inc. (NYSE:CRM) announced it has appointed Gavin Patterson as President and Chief Revenue Officer.

Vonage (VG) Partners With ServiceNow (NOW) On Contact Center Capabilities

By Noah Long ● May 13, 2020

Vonage Holdings Corp. (NASDAQ: VG) announced the expansion of its Vonage Contact Center capabilities for including seamless integration with ServiceNow Inc (NYSE: NOW).

Twitter (TWTR) Buying CrossInstall: Details About The Deal You Should Know

By Dan Anderson ● May 13, 2020

Twitter Inc (NYSE: TWTR) recently announced it is buying mobile ad company CrossInstall. These are the details about the deal.

Atlassian (TEAM) Buying Halp: Details About The Deal You Should Know

By Amit Chowdhry ● May 13, 2020

Atlassian Corporation PLC (NASDAQ:TEAM) recently announced it was buying a company called Halp. These are the details about the deal.

Workstream: $10 Million Funding And Keith Rabois Joins Board

By Amit Chowdhry ● May 12, 2020

Hiring platform company Workstream announced it has raised $10 million in Series A funding led by Keith Rabois of Founders Fund.

Iron Mountain (IRM) Names Kimberly Anstett As CTO

By Amit Chowdhry ● May 12, 2020

Iron Mountain Inc (NYSE: IRM) announced that Kimberly Anstett has been appointed Executive Vice President and Chief Technology Officer.

Twitter (TWTR) Names Dr. Fei-Fei Li To The Board Of Directors

By Amit Chowdhry ● May 11, 2020

Twitter Inc (NYSE: TWTR) has announced the appointment of Dr. Fei-Fei Li to the company's Board of Directors as a new independent director, effective immediately.

Customer Engagement Platform Symend Raises $52 Million

By Dan Anderson ● May 11, 2020

Leading customer engagement platform Symend announced it raised $52 million.

Autotech Ventures Closes Fund II At More Than $150 Million

By Amit Chowdhry ● May 11, 2020

Autotech Ventures, a venture capital firm paving the way for the next frontier of mobility, announced it closed Fund II at over $150 million.

Analytics Platform Qrvey Raises $7.5 Million

By Noah Long ● May 11, 2020

Next-generation analytics platform Qrvey announced it raised $7.5 million in funding.

AI Robotics Company Covariant Raises $40 Million

By Dan Anderson ● May 11, 2020

AI robotics company Covariant recently announced that it raised $40 million in Series B funding.

Google: Majority Of Employees To Work From Home Until 2021

By Dan Anderson ● May 9, 2020

Google CEO Sundar Pichai reportedly conducted an all-hands meeting on Thursday where he revealed that a majority of employees will be working from home until the end of the year.

Why Target (TGT) Is Buying Technology From Deliv

By Amit Chowdhry ● May 9, 2020

Target Corporation (NYSE: TGT) recently announced it is planning to acquire technology from Deliv. These are the details about the deal.

Facebook: These Are The First 20 Members Of The Oversight Board

By Amit Chowdhry ● May 8, 2020

Facebook revealed the first 20 members of the Oversight Board. These are members of the Oversight Board.

Vista Equity Partners Buying 2.3% Stake In Jio Platforms For About $1.5 Billion

By Amit Chowdhry ● May 8, 2020

Vista Equity Partners is buying a 2.3% stake in Reliance Industries’ Jio Platforms for 113.7 billion rupees (about $1.5 billion).

Verint Systems (VRNT): $200 Million Closed In Connection With Plan To Separate Into 2 Public Companies

By Amit Chowdhry ● May 8, 2020

Verint Systems Inc. (NASDAQ: VRNT) announced it has closed the first $200 million tranche under the two tranche investment agreement with funds advised by Apax Partners.

Alphabet Spinoff Sidewalk Infrastructure Partners Raises $400 Million

By Dan Anderson ● May 8, 2020

Alphabet spinoff Sidewalk Infrastructure Partners (SIP) has raised $400 million in Series A funding. These are the details about the funding.

Sales Engagement Platform Groove Secures $12 Million

By Annie Baker ● May 8, 2020

Leading sales engagement platform Groove announced it raised $12 million in Series A funding.