Enterprise

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.

Ohio-Based Healthcare Company Olive Raises $51 Million Led By General Catalyst

By Amit Chowdhry ● Apr 3, 2020

Columbus, Ohio-based Olive announced it closed $51 million in funding led by General Catalyst. These are the details about the funding.

Salesforce Hires Brian Solis As Global Innovation Evangelist

By Amit Chowdhry ● Apr 3, 2020

Renowned keynote speaker and digital evangelist Brian Solis announced he has been hired as Global Innovation Evangelist at Salesforce.

Okta Signs Partnership With VMware, CrowdStrike, And Tanium

By Amit Chowdhry ● Apr 3, 2020

Okta, a leading independent provider of identity for the enterprise, announced that it signed partnerships with VMware, CrowdStrike, and Tanium.

StartEngine: ‘Shark Tank’ Investor Kevin O’Leary Joins As Strategic Advisor

By Annie Baker ● Apr 2, 2020

Leading equity crowdfunding platform StartEngine Crowdfunding announced it is partnering with “Shark Tank” investor and entrepreneur Kevin O’Leary.

General Catalyst Locks Down $2.3 Billion In Commitments For 3 Funds

By Amit Chowdhry ● Apr 2, 2020

Venture capital firm General Catalyst announced that it raised $2.3 billion in capital commitments across 3 funds.

Communication And Automation Platform Orion Labs Raises $29 Million Led By Dell

By Noah Long ● Apr 1, 2020

Orion Labs, the leading SaaS communication and automation platform for the deskless and frontline workforce, announced it raised $29 million.

Cybersecurity Asset Company Axonius Raises $58 Million Led By Lightspeed

By Amit Chowdhry ● Apr 1, 2020

Cybersecurity asset management company Axonius announced it has raised $58 million in Series C funding led by Lightspeed.

On-Device AI Solutions Company Anagog Closes $10 Million In Funding

By Noah Long ● Apr 1, 2020

Anagog, the pioneer of on-device artificial intelligence solutions, announced it raised an initial $10 million Series-C round of funding.

Supply Chain Software Company Slync.io Secures $11 Million In Funding

By Amit Chowdhry ● Apr 1, 2020

Slync.io, the first purpose-built operating system for global logistics, announced it raised $11 million. These are the details about the deal.

ModelOp Raises $6 Million Led By Valley Capital Partners

By Noah Long ● Apr 1, 2020

ModelOps software pioneer ModelOp announced it raised $6 million in Series A funding led by Valley Capital Partners.

Xerox Drops $34 Billion Acquisition Pursuit Of HP

By Amit Chowdhry ● Apr 1, 2020

Xerox has announced it is withdrawing its tender offer to acquire HP and will no longer seek to nominate a slate of candidates to HP’s board of directors.

Why Palo Alto Networks Is Buying CloudGenix For $420 Million

By Amit Chowdhry ● Apr 1, 2020

Global cybersecurity company Palo Alto Networks announced it entered into a definitive agreement to acquire CloudGenix for $420 million.

Microsoft Launches New Microsoft 365 Personal and Family Subscriptions

By Amit Chowdhry ● Mar 31, 2020

Microsoft announced it has launched new Microsoft 365 Personal and Family subscriptions. Plus Microsoft announced dozens of new features.

JPMorgan Raising Up To $10 Billion For Alternative Investments

By Annie Baker ● Mar 30, 2020

The alternative investments unit of JPMorgan Chase & Co is reportedly planning to raise up to $10 billion over the next couple of months.

Via: $200 Million Funding, $2.25 Billion Valuation, Noam Ohana Joins Board

By Amit Chowdhry ● Mar 30, 2020

Shared ride-hailing services company Via Transportation announced it raised $200 million in Series E funding at a $2.25 billion valuation.

UBS CEO Sergio Ermotti Reportedly Donates $1 Million For Combating COVID-19

By Noah Long ● Mar 30, 2020

UBS chief executive officer Sergio Ermotti has reportedly donated 1 million Swiss francs (about $1.05 million) for combating coronavirus.

Facebook Commits $100 Million To News Outlets

By Annie Baker ● Mar 30, 2020

Facebook is committing $100 million in grant money and promised ad spending for helping news outlets dealing with financial struggles due to the COVID-19 outbreak.

Microsoft Teams Has Seen A 775% Increase In Regions With Social Distancing Enforced (Updated)

By Amit Chowdhry ● Mar 30, 2020

Microsoft is seeing a major increase in its cloud services across regions that have enforced social distancing or shelter in place orders.

Morgan Stanley: No Layoffs In 2020

By Dan Anderson ● Mar 28, 2020

Morgan Stanley’s employees do not have to worry about layoffs in 2020 due to the COVD-19 pandemic. These are the details.

Lockheed Martin Advances Over $50 Million To Suppliers

By Dan Anderson ● Mar 28, 2020

Defense company Lockheed Martin announced it was going to advance over $50 million to suppliers that were affected by the economic slowdown.

Bill Gates Responds To Questions About COVID-19

By Amit Chowdhry ● Mar 28, 2020

Microsoft co-founder and Bill & Melinda Gates Foundation Co-Chair Bill Gates recently answered questions on Reddit and CNN.

Salesforce CEO Marc Benioff Advocates Companies To Take A ‘No Layoff Pledge’

By Amit Chowdhry ● Mar 28, 2020

Salesforce CEO Marc Benioff is asking CEOs to take a 90-day “no-layoff pledge” to help employees get through the COVID-19 pandemic.

Steve Ballmer Donating $25 Million For COVID-19 Relief

By Amit Chowdhry ● Mar 27, 2020

Former Microsoft CEO and Los Angeles Clippers owner Steve Ballmer and his wife Connie have committed $25 million for COVID-19 relief.