Enterprise

Michigan-Based Supply Chain Tech Company Algo Secures $15 Million

By Amit Chowdhry ● Feb 20, 2020

Algo, a leading innovator in supply chain technology-based in Troy, Michigan, announced that it received a $15 million investment from Integrity Growth Partners (IGP).

UltraSense Raises $20 Million To Grow Its Ultrasound Sensor Technologies

By Dan Anderson ● Feb 20, 2020

UltraSense Systems, a company that developed a touch user interface technology using 3D ultrasound for smartphones, cars, home appliances, IoT, and medical devices, announced it has raised $20 million in its Series B funding.

Huntress Closes $18 Million Led By ForgePoint Capital

By Annie Baker ● Feb 20, 2020

Huntress — a SaaS-based managed detection and response (MDR) provider for managed service providers (MSPs) and value-added resellers (VARs) — has announced an $18 million Series A.

Why Morgan Stanley Is Buying E*TRADE For $13 Billion

By Amit Chowdhry ● Feb 20, 2020

Morgan Stanley and E*TRADE Financial Corporation have entered into a definitive agreement under which Morgan Stanley will acquire E*TRADE in an all-stock transaction valued at approximately $13 billion.

Jim O’Neill And Vipul Shah Join New Breed’s Board of Directors

By Amit Chowdhry ● Feb 19, 2020

Newbreed announced that Jim O'Neill and Vipul Shah joined the board of directors.

Accurate Background Names David Wheeler As Chief Legal Counsel

By Dan Anderson ● Feb 19, 2020

Accurate Background -- a leading provider of compliant and automated workforce screening solutions -- announced that it has appointed David Wheeler as Chief Legal Counsel.

NearSt Closes £2 Million In Seed Funding

By Annie Baker ● Feb 19, 2020

Retail technology company NearSt announced it has raised £2 million in seed funding to drive more foot traffic into retail stores.

Salesforce Names Justin Maguire III As Chief Design Officer, Says Report

By Amit Chowdhry ● Feb 19, 2020

Salesforce has reportedly promoted Justin Maguire III to the role of chief design officer -- who previously served as EVP of product design and user experience.

SentinelOne: $200 Million Funding And $1.1 Billion Valuation

By Amit Chowdhry ● Feb 19, 2020

Autonomous endpoint protection company SentinelOne announced it has raised $200 million in Series E funding at a valuation of $1.1 billion.

Whirlpool: Marc Bitzer Signs UN Global Compact And Jennifer LaClair Nominated For Board

By Amit Chowdhry ● Feb 19, 2020

Whirlpool announced it has formalized its commitment to the UN Global Compact and nominated Jennifer LaClair for election to its Board of Directors.

Dude Solutions Names Kevin Kemmerer As Executive Chairman

By Dan Anderson ● Feb 19, 2020

Dude Solutions, a leading provider of cloud-based operations management software backed by Clearlake, announced it has appointed software industry veteran Kevin Kemmerer as Executive Chairman.

Why A Consortium Led By Symphony Is Buying RSA From Dell For $2.075 Billion

By Amit Chowdhry ● Feb 19, 2020

Symphony Technology Group, Ontario Teachers’ Pension Plan Board, and AlpInvest Partners have entered into a definitive agreement with Dell Technologies to buy RSA in an all-cash transaction for $2.075 billion.

Atomico Raises €757 Million To Back European Startups

By Dan Anderson ● Feb 19, 2020

Atomico, a London-based venture capital firm, announced it has raised €757 million ($820 million) for a new fund.

Why LendingClub Is Buying Radius Bank For $185 Million

By Amit Chowdhry ● Feb 19, 2020

Financial technology company LendingClub announced it is buying Radius Bank for $185 million in order to provide the online personal loan company with access to a cheaper source of funding.

Twitter Is Buying Chroma Labs

By Amit Chowdhry ● Feb 19, 2020

Twitter announced it is buying Chroma Labs, a seven-person company that developed a photo and video editing app. These are the details about the deal.

Employer Retention Platform Sharpist Raises $5 Million

By Dan Anderson ● Feb 19, 2020

Berlin-based company Sharpist announced it has raised $5 million in a seed round of funding.

AppBus And Plecosystems Partnering To Accelerate Clinical Outcomes

By Noah Long ● Feb 19, 2020

AppBus, an accelerator of business transformation, announced it has partnered with Plecosystems. Plecosystems is a systems integration leader in the Life Sciences space.

How IBM Study Advance Will Reduce The Time And Costs Associated With Clinical Trials

By Amit Chowdhry ● Feb 19, 2020

IBM Watson Health recently unveiled its newest cloud-based technology IBM Study Advance at the 11th Annual Summit for Clinical Ops Executives (SCOPE).

Gong And Corporate Visions Partner To Create Data-Led Revenue Strategies

By Dan Anderson ● Feb 19, 2020

Revenue intelligence platform Gong announced a partnership with Corporate Visions, which is a leading marketing and sales messaging, content, and skills training company.

Lockheed Martin Launches Its Most Advanced Mobile Communications Satellite

By Noah Long ● Feb 19, 2020

Lockheed Martin announced it has launched its most advanced mobile communications satellite, which is based on the modernized LM 2100 bus launched from the Guiana Space Center.

Why Accenture Is Buying Icon Integration

By Amit Chowdhry ● Feb 19, 2020

Accenture announced it has acquired Icon Integration, a privately held Australian technology consultancy that provides SAP digital supply chain solutions and services to clients.

Pamlico Capital Launches $1.4 Billion Fund V

By Dan Anderson ● Feb 19, 2020

Pamlico Capital — a leading lower middle-market private equity firm focused on growth-oriented businesses — announced the first and final close of Pamlico Capital V with total commitments of $1.4 billion.

Grove Ventures Launches Second Fund With $120 Million In Commitments

By Amit Chowdhry ● Feb 18, 2020

Grove Ventures, an early-stage deep tech-focused venture capital firm headquartered in Tel Avivm has announced the final closing of Grove Ventures II with total commitments of $120 million.

XenZone Names Tim Barker As CEO

By Dan Anderson ● Feb 18, 2020

XenZone announced it appointed Tim Barker as its new CEO. These are the details.

Jungle Scout: 86% of Amazon’s Third-Party Sellers Profitable Going Into 2020

By Noah Long ● Feb 18, 2020

Jungle Scout -- a leading all-in-one software tool for Amazon sellers -- recently released the results of a survey among 1,046 third-party sellers on the e-commerce platform.

Jeff Bezos: $10 Billion To Combat Climate Change

By Amit Chowdhry ● Feb 18, 2020

Amazon CEO Jeff Bezos has announced he is donating $10 billion to combat climate change as part of a new initiative called the Bezos Earth Fund.

Why HotelPlanner Is Buying EventConnect.com

By Dan Anderson ● Feb 18, 2020

HotelPlanner, a leading online seller of group hotel bookings and individual hotel stays worldwide, announced it is buying Australia-based online venue marketplace EventConnect.com.

Customer Research Company Dovetail Raises $4 Million

By Noah Long ● Feb 18, 2020

Customer research platform company Dovetail announced that it has raised $4 million in seed funding. These are the details.

Apple Is Warning That Its Sales Target Will Fall Short Due To Coronavirus

By Noah Long ● Feb 18, 2020

Apple has warned that it will unlikely hit its March quarter sales guidance announced 3 weeks ago due to the coronavirus epidemic in China.

Microsoft Sets Up An Innovation Hub In Noida, India

By Amit Chowdhry ● Feb 18, 2020

Microsoft announced it has launched its third India Development Centre (IDC) in Noida. These are the details about the new innovation hub.