Enterprise

Ray Dalio Acknowledges That He Was Blindsided By Coronavirus As Flagship Fund Value Tumbles

By Amit Chowdhry ● Mar 17, 2020

In a candid interview with the Financial Times, billionaire investor and head of Bridgewater Associates Ray Dalio acknowledged that he was caught blindsided by COVID-19 (coronavirus).

HashiCorp: $175 Million Funding And Over $5 Billion Valuation

By Dan Anderson ● Mar 17, 2020

Multi-cloud infrastructure automation software HashiCorp announced it raised $175 million in Series E funding at a valuation of $5.1 billion.

Lockheed Martin: James Taiclet Succeeding Marillyn Hewson As CEO On June 15

By Amit Chowdhry ● Mar 17, 2020

Lockheed Martin announced recently that Marillyn Hewson will be stepping down as CEO. And she will be succeeded by American Tower Corp head James Taiclet.

BillionToOne To Expand UNITY Prenatal Screen With New Funding Round

By Annie Baker ● Mar 16, 2020

Precision diagnostics company BillionToOne announced it raised $15 million in Series A+ funding. These are the details about the funding.

b.well Connected Health Raises $16 Million

By Dan Anderson ● Mar 16, 2020

b.well Connected Health, a platform designed for providing consumers with a new front-end to healthcare, announced it raised $16 million in Series A funding.

Remesh: $25 Million In Funding To Simplify Research Using AI

By Dan Anderson ● Mar 16, 2020

Remesh, a software company utilizing AI to reinvent the way organizations conduct research, announced that it raised $25 million in Series A2 funding.

Interos: $17.5 Million Funding, Triple YoY Sales, 700% Increase In ARR

By Noah Long ● Mar 16, 2020

Multi-tier and multi-factor third-party risk management platform company Interos announced it raised $17.5 million in Series B funding.

Salesforce Donating $1.5 Million To Give2SF Fund In Response To Coronavirus

By Amit Chowdhry ● Mar 16, 2020

CRM leader Salesforce announced it is donating $1.5 million to the City of San Francisco’s Give2SF fund in order to support its emergency response to COVID-19 (coronavirus).

Everlaw Raises $62 Million In Funding Led By CapitalG And Menlo Ventures

By Amit Chowdhry ● Mar 16, 2020

Cloud-based e-discovery and litigation platform Everlaw announced it has raised $62 million in a Series C funding round led by new investor CapitalG and Menlo Ventures.

Intercompany Data Automation Platform BackboneAI Raises $4.7 Million

By Dan Anderson ● Mar 16, 2020

Intercompany data automation platform BackboneAI announced it has launched with a $4.7 million seed round of funding led by Fika Ventures.

Stephen Scherr: Goldman Sachs CFO Says Company Is ‘Very Open’ To Making Acquisitions

By Amit Chowdhry ● Mar 16, 2020

Goldman Sachs Chief Financial Officer Stephen Scherr announced recently that the company is “very open” to making acquisitions

Cloud Security Operations Company DisruptOps Closes $9 Million In Funding

By Annie Baker ● Mar 15, 2020

Cloud Security Operations leader DisruptOps announced it raised $9 million in Series A funding from Drive Capital and existing investor Rally Ventures.

AI Assurance Platform Superwise.ai Raises $4.5 Million In Funding

By Annie Baker ● Mar 15, 2020

AI assurance platform company Superwise.ai announced it raised $4.5 million in a seed round of funding led by Capri Ventures and F2 Capital.

Lightbend Secures $25 Million In Funding Led By Dell

By Dan Anderson ● Mar 15, 2020

Lightbend — the leader in Reactive Architecture and the creator of the popular cloud-native platform Akka — announced it raised a $25 million financing round.

Payment Solutions QRails Raises $8 Million In Funding

By Noah Long ● Mar 15, 2020

QRails, a cloud-based open API issuer-processor that enables payment solutions around the world, announced it raised $8 million.

Deloitte Digital’s Salesforce Academy Launches New Training Opportunities For University Students

By Noah Long ● Mar 14, 2020

Deloitte announced it is introducing college students across the United States to Salesforce and the world of consulting through Deloitte Digital’s Salesforce Academy.

Albert Closes $50 Million In Funding Led By Alphabet’s CapitalG

By Amit Chowdhry ● Mar 14, 2020

LA-based financial tech company Albert announced recently that it raised $50 million in Series B funding from Alphabet’s CapitalG.

Stifel Hires 4 Wirehouse Advisors Overseeing About $418 Million

By Amit Chowdhry ● Mar 14, 2020

Full-service brokerage and investment banking firm Stifel recently hired four warehouse advisors who oversee a total of about $418 million in client assets.

IBM Watson Gains The Ability To Understand Complex Topics

By Amit Chowdhry ● Mar 14, 2020

IBM recently announced several new Watson technologies designed for helping organizations understand and analyze complex topics.

Spend Management Company Airbase Closes $23.5 Million In Funding

By Amit Chowdhry ● Mar 13, 2020

Airbase, an all-in-one platform for spend management, announced it raised $23.5 million in Series A extension funding led by new investor Bain Capital Ventures.

Byron Allen: This Media Tycoon Reportedly Bid $8.5 Billion For Tegna

By Amit Chowdhry ● Mar 13, 2020

Media tycoon Byron Allen has reportedly bid $8.5 billion for Tegna. These are the details.

Facebook And Twitter Delete Russia-Linked Accounts In Africa Targeting U.S. Users

By Dan Anderson ● Mar 13, 2020

Facebook and Twitter announced that they took down a network of Russia-linked accounts operating out of Ghana and Nigeria.

How Google Cloud And AT&T Plan To Drive Network Edge 5G Computing For Enterprises

By Amit Chowdhry ● Mar 13, 2020

Google Cloud and AT&T recently announced a partnership to help enterprises take advantage of Google Cloud’s technologies and capabilities with AT&T network connectivity at the edge.

Elevate Capital To Raise $40 Million Second Fund

By Annie Baker ● Mar 12, 2020

Elevate Capital, the first inclusive venture capital fund in Oregon that supports diversity by targeting companies led by minorities, announced it is raising a $40 million second fund.

Why Moody’s Is Buying RBA International

By Annie Baker ● Mar 12, 2020

Moody’s Corporation recently announced it is buying RBA International (RBA). These are the details about the deal.

New Enterprise Associates Launches $3.6 Billion 17th Fund

By Amit Chowdhry ● Mar 12, 2020

New Enterprise Associates announced it has closed $3.6 billion for its 17th venture fund. Now the firm has total committed capital of nearly $24 billion.

Alabama-Based Client Relationship Management Company Case Status Raises $1.5 Million

By Dan Anderson ● Mar 12, 2020

Case Status, a client relationship management and marketing platform for law firms, announced it raised $1.5 million.

Why Accenture Is Buying ESR Labs

By Noah Long ● Mar 11, 2020

Accenture recently announced it agreed to buy ESR Labs, a Munich-based company that builds embedded software for leading German car brands and suppliers.

Microsoft Readjusts Research Group: Eric Horvitz As Chief Scientist And Peter Lee Becomes Head

By Annie Baker ● Mar 11, 2020

Microsoft recently readjusted its research group due to Harry Shum leaving the company last month. These are the details.

Ray Dalio’s Bridgewater Asking Employees To Work From Home Due To Coronavirus Fears

By Amit Chowdhry ● Mar 11, 2020

Bridgewater Associates announced it is asking employees to work from home due to fears of the coronavirus pandemic.