Enterprise

Index Ventures Raises $2 Billion For New Funds

By Amit Chowdhry ● Apr 11, 2020

Index Ventures has announced it closed $2 billion in funds: $1.2 billion for late-stage growth rounds and $800 million for emerging startups.

India-Based Online Grocery Company BigBasket Raises $60 Million

By Amit Chowdhry ● Apr 11, 2020

Indian grocery company BigBasket announced it raised $60 million in funding to scale the company.

Zoom Hires Former Facebook Security Head Alex Stamos As Adviser

By Amit Chowdhry ● Apr 10, 2020

Zoom Video Communications recently announced it hired former Facebook security chief Alex Stamos as an adviser.

Sila Raises $7.7 Million Co-Led By Madrona And Oregon Venture Fund

By Dan Anderson ● Apr 10, 2020

Banking and payments API platform company Sila announced it raised $7.7 million in a seed round of funding co-led by Madrona Venture Group and Oregon Venture Fund.

Activant Capital Announces New $257 Million Fund

By Amit Chowdhry ● Apr 10, 2020

Activant Capital announced a new $257 million fund to invest in commerce infrastructure technology.

Tonkean Raises $24 Million Led By Lightspeed

By Amit Chowdhry ● Apr 10, 2020

Tonkean, an operating system for operations teams, announced it raised $24 million in Series A funding led by Lightspeed Venture Partners.

SafetyCulture: $35.5 Million Funding And $800 Million Valuation

By Amit Chowdhry ● Apr 9, 2020

Australia-based enterprise software company SafetyCulture announced it raised $35.5 million at an $800 million valuation.

Why SoFi Is Buying Galileo Financial Technologies For $1.2 Billion

By Amit Chowdhry ● Apr 9, 2020

Online personal finance company SoFi announced it is acquiring financial services API and payments platform company Galileo.

AI-Powered Analytics Provider Arturo Closes $8 Million

By Noah Long ● Apr 9, 2020

Arturo -- an AI-powered analytics provider of residential and commercial property characteristic data and predictive analysis -- announced it raised $8 million.

Okera Raises $15 Million And Nick Halsey Named CEO

By Dan Anderson ● Apr 9, 2020

Okera has announced that it has raised $15 million in a round of funding and it named Nick Halsey as CEO and board member.

Shipping Platform Company Shippo Raises $30 Million Led By D1 Capital

By Noah Long ● Apr 9, 2020

Shippo, a leading shipping platform for growing e-commerce businesses, announced it raised $30 million in Series C funding led by D1 Capital Partners.

Enterprise Content Firewall Company Accellion Closes $120 Million

By Amit Chowdhry ● Apr 9, 2020

Accellion, an enterprise content firewall company that consolidates, controls, and secures sensitive third-party communications, announced it raised $120 million.

Secure Access Service Edge Company Cato Networks Raises $77 Million

By Amit Chowdhry ● Apr 8, 2020

Cato Networks, the provider of the world’s first Secure Access Service Edge (SASE) platform, announced it raised $77 million.

Jack Dorsey Donating $1 Billion For COVID-19 Relief

By Amit Chowdhry ● Apr 8, 2020

Jack Dorsey, CEO of Square and Twitter, announced that he will be donating $1 billion worth of his equity in Square to Start Small Foundation in order to combat the effects of COVID-19.

Continuous Integration And Delivery Platform CircleCI Raises $100 Million Led By IVP

By Amit Chowdhry ● Apr 8, 2020

Leading continuous integration and continuous delivery (CI/CD) platform CircleCI announced it raised $100 million in Series E led by IVP.

Delivery Orchestration Company Bringg Closes $30 Million Led By Viola Growth

By Amit Chowdhry ● Apr 8, 2020

Bringg — a leading delivery orchestration platform — announced it raised $30 million in Series D funding led by Viola Growth.

Analytics Platform Glassbox Secures $40 Million In Funding

By Amit Chowdhry ● Apr 8, 2020

Glassbox, a leading analytics platform used for optimizing user experiences on web and mobile applications, announced it raised $40 million.

Y Combinator Graduate WorkClout Raises $2.3 Million

By Amit Chowdhry ● Apr 8, 2020

Y Combinator graduate (winter 2019) WorkClout made a couple of major announcements.

WeWork Is Suing SoftBank For Cancelling $3 Billion Rescue Plan

By Amit Chowdhry ● Apr 8, 2020

Commercial real estate company WeWork is suing SoftBank for canceling on the $3 billion rescue plan.

AT&T Secures $5.5 Billion Loan From 12 Banks

By Noah Long ● Apr 8, 2020

AT&T announced it secured a $5.5 billion deal with 12 banks. These are the details.

Data Privacy Platform Company Privitar Closes $80 Million Led By Warburg Pincus

By Amit Chowdhry ● Apr 7, 2020

Leading data privacy platform provider Privitar announced it raised $80 million in Series C funding led by Warburg Pincus.

Foursquare Is Merging With Factual

By Dan Anderson ● Apr 7, 2020

Location platform company Foursquare announced it is merging with Factual. These are the details.

GlaxoSmithKline Invests $250 Million In Vir Biotechnology As Part Of A Strategic Deal

By Amit Chowdhry ● Apr 7, 2020

GlaxoSmithKline and Vir Biotechnology announced they have an agreement to enter a partnership to research and develop solutions for coronaviruses. And GSK will be investing $250 million in Vir.

Voxel51 Launches Physical Distancing Index Tool

By Amit Chowdhry ● Apr 7, 2020

Voxel51 has developed a Physical Distancing Index tool that assigns a score which helps people understand and compare how the coronavirus is changing social behaviors.

WhatsApp Limits Forwards To Deter Misinformation

By Amit Chowdhry ● Apr 7, 2020

Facebook’s WhatsApp has seen a surge in usage and now the company is capping forwards to deter misinformation.

Digital Workplace Frontline Employee Solutions Company WorkJam Raises $50 Million

By Annie Baker ● Apr 7, 2020

WorkJam, a leading digital workplace solutions provider for organizations with frontline employees, announced it raised $50 million.

Visa Foundation Is Committing $210 Million For COVID-19 Effects

By Noah Long ● Apr 7, 2020

The Visa Foundation announced a commitment of two programs totaling $210 million to support small and micro-businesses. These are the details.

Airbnb Raising $1 Billion From Silver Lake And Sixth Street Partners

By Amit Chowdhry ● Apr 7, 2020

Airbnb has announced that Silver Lake and Sixth Street Partners will invest $1 billion into the company in a combination of debt and equity securities.

Corporate VPN Company Tailscale Launches With $3 Million In Funding

By Amit Chowdhry ● Apr 7, 2020

Tailscale, a new kind of corporate VPN, has launched to help remote teams securely access the services they need without the long setup times of traditional VPNs. And it raised $3 million in funding.

Chinese AI Company 4Paradigm Raises $230 Million

By Dan Anderson ● Apr 7, 2020

Chinese artificial intelligence company 4Paradigm announced it raised $230 million in series C+ funding with a post-money valuation of nearly $2 billion.