Enterprise

Intel Hires Masooma Bhaiwala From AMD

By Amit Chowdhry ● Dec 21, 2019

Intel has hired Masooma Bhaiwala, who is a former corporate vice president at AMD. At Intel, she will oversee the development of GPUs for clients and data center segments.

Graycliff Partners Sets Up $350 Million Buyout Fund

By Amit Chowdhry ● Dec 21, 2019

Graycliff Partners LP announced the final closing of its fourth private equity fund called Graycliff Private Equity Partners IV LP (GPEP IV).

Apple Is Secretly Working On A Satellite Program

By Amit Chowdhry ● Dec 21, 2019

Apple is reportedly working on a project involving satellites and wireless technology to find ways to beam data directly to its devices.

Report: Facebook Acquired Packagd To Potentially Set Up A Live Shopping Service

By Annie Baker ● Dec 21, 2019

Facebook has reportedly acquired a video shopping company called Packagd to set up a live shopping feature within Marketplace.

IAC Is Buying Care.com For $500 Million In Cash

By Amit Chowdhry ● Dec 21, 2019

IAC announced it is buying Care.com for about $500 million in cash. Care.com is one of the biggest marketplaces for babysitters and caregivers.

Ripple: $200 Million In Funding And Massive $10 Billion Valuation

By Amit Chowdhry ● Dec 21, 2019

Ripple has announced it raised $200 million in Series C funding at a massive $10 billion valuation. This funding validates blockchain tech in improving global payments.

ViacomCBS Buying 49% Stake In Miramax In $375 Million Deal

By Amit Chowdhry ● Dec 21, 2019

ViacomCBS announced it is buying a 49% stake in Miramax from Qatar-based BeIN Media Group for a total of $375 million.

Domio: This Upscale Apartment-Hotel Company Just Raised $100 Million

By Amit Chowdhry ● Dec 21, 2019

New York-based technology-powered apartment-hotel company Domio announced it raised $100 million in Series B funding (combination of equity and debt).

GoodRx Names Jody Mulkey As Chief Technology Officer

By Dan Anderson ● Dec 20, 2019

GoodRx announced recently that it appointed Jody Mulkey as Chief Technology Officer.

HaptX: $12 Million In Funding And Partnership With Advanced Input Systems

By Dan Anderson ● Dec 20, 2019

HaptX, a leading provider of realistic haptic technology, announced it raised $12 million in Series A funding and signed a new strategic partnership.

Nashville-Based Education Startup Possip Raises $1 Million

By Annie Baker ● Dec 20, 2019

Possip, a Nashville-based company that provides real-time education feedback from parents to schools, announced it raised slightly more than $1 million.

Midwest-Based Arthur Ventures Raises $155 Million For 2 New Funds

By Amit Chowdhry ● Dec 20, 2019

Arthur Ventures announced it raised $155 million for two new funds to invest in the fastest-growing B2B software companies outside of Silicon Valley.

Google: Over 4,000 Customer Service Reps To Be Hired And New Operations Center In Mississippi

By Amit Chowdhry ● Dec 20, 2019

Google announced it is planning to hire thousands of customer service representatives by the end of 2020 and open a new Google Operations Center.

Why F5 Is Buying Shape Security For $1 Billion

By Amit Chowdhry ● Dec 20, 2019

F5 Networks recently announced it is buying Shape Security for $1 billion. These are the details about the deal.

Springboard: This Company Has Raised $11 Million To Expand Its Coding Bootcamps

By Dan Anderson ● Dec 20, 2019

Springboard, an education boot camp company, announced it raised $11 million in Series A funding led by Reach Capital.

One Concern Hires Team Behind Datmo

By Amit Chowdhry ● Dec 20, 2019

One Concern has hired the team behind Datmo, Anand Sampat and Shabaz Patel.

David Marcus: Facebook’s Libra Project Is Actually Just A Payment System

By Amit Chowdhry ● Dec 20, 2019

Facebook head of Calibra David Marcus has described Libra is simply a new payment system similar to products offered by PayPal, Tencent, and Alibaba.

New Orleans-Based Levelset Raises $30 Million To Help Contractors Get Paid Faster

By Amit Chowdhry ● Dec 20, 2019

Levelset, a New Orleans-based platform that helps contractors get paid faster, announced it raised $30 million.

The University Of Michigan Receives $20 Million Gift From Frankel Foundation

By Amit Chowdhry ● Dec 20, 2019

The Maxine and Stuart Frankel Foundation announced it gifted The University of Michigan with a $20 million gift to support the research and development of life-saving therapies.

Beyond Meat Expands Partnerships And Plans To Introduce Poultry Options In 2020

By Amit Chowdhry ● Dec 20, 2019

Beyond Meat announced it has expanded partnerships with Hardee’s and Carl’s Jr. and plans to launch poultry options in 2020.

Convoy Has Fully Automated The Brokerage Process

By Amit Chowdhry ● Dec 20, 2019

Nationwide digital freight network company Convoy announced it reached 100% automated brokering in the top freight markets.

Facebook Buys PlayGiga: Details About The Deal

By Amit Chowdhry ● Dec 20, 2019

Facebook has acquired a Spanish cloud gaming company called PlayGiga.

AI Media Company Ryff Raises $5 Million

By Dan Anderson ● Dec 20, 2019

Ryff announced it has raised $5 million in funding led by Valor Siren Ventures. These are the details about the funding news.

Fabless Semiconductor Company Atmosic Technologies Raises $28.5 Million

By Noah Long ● Dec 20, 2019

Atmosic Technologies, an innovator of ultra-low-power wireless for the Internet of Things (IoT), announced it raised $28.5 million.

Morgan Stanley Investment Management Sets Up Massive $5.5 Billion Infrastructure Fund

By Amit Chowdhry ● Dec 20, 2019

Morgan Stanley Infrastructure Partners announced it has raised $5.5 billion for its North Haven Infrastructure Partners III fund.

Volition Capital Closes $600 Million For Two Oversubscribed Funds

By Amit Chowdhry ● Dec 20, 2019

Volition Capital, a leading tech and consumer growth equity firm, announced it closed $600 million for two oversubscribed funds.

Contract Intelligence Company Evisort Raises $15 Million

By Dan Anderson ● Dec 20, 2019

Evisort, an AI-powered contract intelligence system, announced it raised $15 million in Series A funding.

Behavioral Health Home Company Emilio Raises $5 Million

By Dan Anderson ● Dec 19, 2019

Emilio Health, a technology-enabled behavioral health home for children and their families, announced it raised $5 million in seed funding.

Providence Equity Partners Buying A Majority Stake In Smartly.io

By Amit Chowdhry ● Dec 19, 2019

Providence Equity Partners announced it acquired a majority stake in Helsinki-based Smartly.io. The deal was reportedly at €200 million.

Rubicon Project And Telaria Are Merging

By Amit Chowdhry ● Dec 19, 2019

Rubicon Project and Telaria have announced an all-stock merger in order to better position the two companies for the connected TV market.