Enterprise

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.

Global Talent Mobility Company Topia Secures $15 Million In Series D Funding

By Dan Anderson ● Apr 29, 2020

Topia, a leader in Global Talent Mobility, announced it raised $15 million in Series D funding. These are the details about the funding.

Constitution Capital Partners Announces Oversubscribed $1 Billion Private Equity Fund

By Amit Chowdhry ● Apr 29, 2020

Leading alternative investment manager Constitution Capital Partners (CCP) announced the final close of Ironsides V and related segregated mandates with total commitments of $1 billion.

Autonomous Building Technology Company BrainBox AI Raises $12 Million

By Noah Long ● Apr 29, 2020

Autonomous building technology company BrainBox AI announced it has raised $12 million in funding.

Customer Success Company Catalyst Raises $25 Million Led By Spark Capital

By Noah Long ● Apr 29, 2020

Customer Success company Catalyst announced it has raised $25 million in Series B funding led by Spark Capital.

Callaway Golf (ELY) CEO Chip Brewer: Company Is ‘Well-Positioned’ To Get Through Downturn

By Amit Chowdhry ● Apr 28, 2020

Callaway Golf Co (NYSE: ELY) made an announcement before its earnings that has been exciting for investors. These are the details.

How Hilton (HLT) Is Working With RB And Mayo Clinic To Step Up Its Hygiene Practices

By Dan Anderson ● Apr 28, 2020

Hospitality company Hilton Hotels (NYSE:HLT) recently announced a new program where it will be delivering a new standard of cleanliness and disinfection in its properties worldwide.