Enterprise

Customs Clearance Company KlearNow Raises $16 Million

By Dan Anderson ● May 5, 2020

KlearNow — which is the world’s first AI-driven 100% digital customs clearance platform — announced it has closed $16 million in Series A funding led by GreatPoint Ventures.

Michael Ni Joins FinancialForce As Chief Marketing Officer

By Annie Baker ● May 5, 2020

Customer-centric business applications company FinancialForce announced it has appointed Michael Ni as Chief Marketing Officer.

Sensor Tower: $45 Million Funding And Riverwood Capital Partnership

By Amit Chowdhry ● May 5, 2020

Mobile app market intelligence company Sensor Tower announced it has raised $45 million in funding from Riverwood Capital.

Alumni Ventures Group Announces A Post-COVID Fund

By Dan Anderson ● May 5, 2020

Alumni Ventures Group announced it launched a new fund focused on investing in entrepreneurial companies working to shape and accelerate the recovery from the COVID-19 crisis.

Techstars Unveils Workforce Development Accelerator

By Amit Chowdhry ● May 4, 2020

Techstars, a global platform for innovation and investment, announced the launch of the Techstars Workforce Development Accelerator.

Salesforce Launches Work.com To Help Businesses Reopen And Upskill

By Amit Chowdhry ● May 4, 2020

Salesforce (NYSE: CRM) announced Work.com today, which is a service that offers new technology solutions and resources to help business and community leaders around the world reopen safely.

Intel Corporation (INTC) Buys Moovit For About $900 Million

By Amit Chowdhry ● May 4, 2020

Intel Corporation (NASDAQ: INTC) announced it has acquired Moovit, which is a mobility-as-a-service (MaaS) solutions company for approximately $900 million.

Why Namogoo Is Buying Personali

By Amit Chowdhry ● May 4, 2020

Customer Journey Hijacking Prevention company Namogoo announced it is acquiring Personali. These are the details about the acquisition.

Ladder Capital (LADR) Announces Strategic Financing Arrangement With Koch Real Estate

By Dan Anderson ● May 4, 2020

Ladder Capital Corp (NYSE: LADR) has announced that it has entered into a strategic financing arrangement with Koch Real Estate Investments.

Silver Lake Investing $747 Million In Jio

By Amit Chowdhry ● May 4, 2020

Reliance Industries Limited (NSE:RELIANCE) will be receiving another major cash injection. Silver Lake is investing $747 million into Jio.

Rivian Automotive: Alexandra Ford English Joins Board

By Amit Chowdhry ● May 3, 2020

Ford announced that Alexandra Ford English, daughter of Executive Chairman Bill Ford Jr., will immediately join the board of Rivian Automotive.

Walmart (WMT) Expands 2-Hour Delivery With $10 Additional Charge

By Noah Long ● May 3, 2020

Walmart Inc (NYSE: WMT) announced it has rolled out a new Express Delivery service featuring two-hour delivery of online orders.

Partners For Growth Closes $325 Million Fund VI

By Amit Chowdhry ● May 3, 2020

Leading specialty lending firm Partners for Growth announced the final closing of Partners for Growth VI, L.P. (Fund VI) with $325 million in capital.

Andreessen Horowitz Announces New $515 Million Blockchain Fund

By Amit Chowdhry ● May 3, 2020

Andreessen Horowitz general partners Chris Dixon and Katie Haun announced that the venture capital firm has launched a new $515 million blockchain fund called Crypto Fund II.

Tencent Buys 5% Stake In Afterpay

By Annie Baker ● May 3, 2020

Tencent Holdings has acquired a 5% stake in Afterpay Ltd, which is an Australian shop-now-pay-later company.

AI-Based Research-Driven Company ASAPP Raises $185 Million

By Amit Chowdhry ● May 3, 2020

ASAPP, an artificial intelligence research-driven company advancing the future of productivity and efficiency in customer experience, announced it has raised $185 million.

Passwordless Authentication Company Secret Double Octopus Raises $15 Million

By Annie Baker ● May 2, 2020

Passwordless Enterprise Authentication company Secret Double Octopus announced it raised $15 million in Series B funding.

14 Highlights From The Microsoft (MSFT) Q3 2020 Earnings Report

By Amit Chowdhry ● May 1, 2020

Microsoft Corporation (NASDAQ: MSFT) announced its Q3 2020 earnings report earlier this week. Here are 14 highlights from the earnings report.

Apollo Global Management (APO) Investing $300 Million In Vistaprint Parent Cimpress (CMPR)

By Amit Chowdhry ● May 1, 2020

Private equity firm Apollo Global Management (NYSE: APO) is investing $300 million (about €276 million) in Cimpress PLC, which is the parent company of Vistaprint.

Apple (AAPL) To Spend $50 Billion In Buybacks And Dividend Increases

By Amit Chowdhry ● May 1, 2020

Apple Inc. (NASDAQ: AAPL) recently announced its earnings report and revealed that it will be spending an additional $50 billion in buybacks and a dividend increase.

Amazon.com (AMZN) To Spend $4 Billion On Coronavirus Response

By Amit Chowdhry ● May 1, 2020

Amazon.com, Inc. (NASDAQ: AMZN) revealed that it is planning to spend all of its profit from the second quarter (about $4 billion) to respond to the coronavirus pandemic.

Smart Business Card Company Blue Raises $1.368 Million Led By Tim Draper

By Amit Chowdhry ● May 1, 2020

Smart business card and mobile app company Blue announced it has raised a $1.368 million Series Seed Round led by billionaire venture capitalist Tim Draper.

Manna Tree Partners Raises $141.5 Million For First Fund Dedicated To Health And Wellbeing

By Amit Chowdhry ● May 1, 2020

Manna Tree Partners announced it has raised $141.5 million for its first fund called Manna Tree Partners Fund I, L.P.

Sales Enablement Company Qorus Secures $5 Million

By Annie Baker ● May 1, 2020

Sales enablement and proposal management platform announced it raised $5 million in funding led by WestRiver Group.

Stash: $112 Million In Funding And Over $1 Billion In Assets

By Amit Chowdhry ● May 1, 2020

Banking and investment services company Stash announced it raised $112 million in Series F funding and over $1 billion in AUM.

Alphabet (GOOG, GOOGL) Bought $8.5 Billion Of Its Own Shares In Q1

By Amit Chowdhry ● Apr 30, 2020

Alphabet Inc (NASDAQ: GOOGL) (NASDAQ:GOOG) recently reported record stock buybacks despite the economic uncertainty. Alphabet bought $8.5 billion of its own shares in Q1 alone.

Silverton Partners Closes $144 Million To Invest In Texas-Based Startups

By Amit Chowdhry ● Apr 30, 2020

Leading early-stage investment firm Silverton Partners has closed $144 million in capital. These are the details about the new funds.

Shopify (SHOP) Is Expected To Top Earnings Estimates

By Amit Chowdhry ● Apr 30, 2020

Wall Street analysts are expecting Shopify Inc (NYSE: SHOP) to report a year-over-year decline in earnings on higher revenues.

Unisys (UIS) Reveals Q1 2020 Contracts Valued At $200 Million

By Amit Chowdhry ● Apr 29, 2020

Unisys Corporation (NYSE: UIS) has announced a set of first-quarter 2020 contracts with new and existing clients valued at $200 million.

Tecton.ai Raises $25 Million In A Round Co-Led By Andreessen Horowitz And Sequoia

By Dan Anderson ● Apr 29, 2020

Tecton, a company that enables data scientists to turn raw data into production-ready features, announced it has raised $25 million in a round co-led by Andreessen Horowitz and Sequoia.