Enterprise

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.

India-Based Payments Gateway Company JusPay Raises $21.6 Million

By Noah Long ● Apr 7, 2020

JusPay, a Bengaluru, India-based payments gateway company, announced it has raised $21.6 million in a Series B round of funding.

Susan And Michael Dell Donating $100 Million For Combating COVID-19

By Amit Chowdhry ● Apr 7, 2020

Billionaire entrepreneur Michael Dell and wife Susan Dell are donating $100 million through their charitable foundation to combat the effects of COVID-19.

Apple Sources 20 Million Masks For Medical Workers

By Amit Chowdhry ● Apr 6, 2020

Apple CEO Tim Cook has announced that the company has sourced 20 million masks for medical workers in response to the COVID-19 outbreak.

Open Banking Company Yapily Raises $13 Million

By Annie Baker ● Apr 6, 2020

Financial technology company Yapily announced it raised $13 million in Series A funding. These are the details.

Social Research Platform Pulse Raises $6.5 Million Led By AV8 Ventures

By Dan Anderson ● Apr 6, 2020

Social research company Pulse announced that it raised $6.5 million in a Series A round of funding led by AV8 Ventures.

Notion: $50 Million Funding And $2 Billion Valuation

By Amit Chowdhry ● Apr 6, 2020

Online workspace company Notion recently announced it raised $50 million in funding at a $2 billion valuation. These are the details.

Skype Launches ‘Meet Now’ To Make Video Calls Easier

By Amit Chowdhry ● Apr 6, 2020

Skype (owned by Microsoft) has built a feature called “Meet Now,” which makes it easier to set up group video calls.

Google Doodle Says Thank You To Public Health Workers And Researchers

By Amit Chowdhry ● Apr 6, 2020

Today the Google Doodle was designed to show appreciation for public health workers and researchers in the scientific community.

Goldman Sachs Committing $300 Million To Combat COVID-19 Effects

By Amit Chowdhry ● Apr 6, 2020

The Goldman Sachs Group recently announced it is delivering $300 million across two separate initiatives.

Insight Partners Closes $9.5 Billion For Fund XI

By Amit Chowdhry ● Apr 6, 2020

Insight Partners has announced the final closing of Insight Partners XI, L.P. (Fund XI) at $9.5 billion.

Report: Apple Has Acquired AI Startup Voysis

By Annie Baker ● Apr 6, 2020

Apple has reportedly acquired Dublin, Ireland-based Voysis, an artificial intelligence startup that has built a platform for digital voice assistants to be able to interact better with natural language.

Susan Desmond-Hellmann Gets Elected To Pfizer Board

By Annie Baker ● Apr 5, 2020

Pfizer recently announced that it has elected Dr. Susan Desmond-Hellmann to its Board of Directors, effective immediately.

TrueBridge Capital Closes $190 Million In Commitments For Second Direct Investment Fund

By Amit Chowdhry ● Apr 5, 2020

Venture capital firm TrueBridge Capital Partners recently announced the close of its second direct investment fund called TrueBridge Direct Fund II.

Why Accenture Is Buying Yesler

By Amit Chowdhry ● Apr 5, 2020

Accenture recently announced it has acquired Yesler, a business-to-business (B2B) marketing services agency. These are the details about the deal.

Zoom: Daily Users Increased From 10 Million To 200 Million In 3 Months

By Amit Chowdhry ● Apr 5, 2020

Zoom founder & CEO Eric S. Yuan revealed that the company has seen its daily users increase from 10 million to 200 million in 3 months. And the company had to reassess its security features right away.

ARCH Venture Partners Closes $1.46 Billion For Two Funds

By Dan Anderson ● Apr 4, 2020

ARCH Venture Partners has announced it closed two new funds called ARCH Venture Fund X and ARCH Venture Fund X Overage at $1.46 billion.

Collibra: $112.5 Million And $2.3 Billion Valuation

By Amit Chowdhry ● Apr 4, 2020

Data Intelligence company Collibra announced it raised $112.5 million at a post-money valuation of $2.3 billion. These are the details.

Amazon Donating Sales Of N95 Masks To Hospitals

By Amit Chowdhry ● Apr 4, 2020

Amazon announced it is diverting the sales of N95 masks and medical supplies to hospitals and government agencies. And the company revealed how it is keeping its facilities safer for workers.

Hulu Founder Jason Kilar Named As Head Of WarnerMedia

By Noah Long ● Apr 3, 2020

WarnerMedia, the media and entertainment giant owned by AT&T, announced it has hired Hulu founder and former CEO Jason Kilar as the head of the company.