Enterprise

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.

Why Terminus Is Buying Sigstr

By Noah Long ● Dec 19, 2019

Customer rated account-based marketing platform company Terminus announced it is buying Sigstr. These are the details about the deal.

Molecular Diagnostics Company ArcherDX Raises $55 Million

By Dan Anderson ● Dec 19, 2019

ArcherDX, a molecular diagnostics company dedicated to developing breakthrough solutions that advance the application of personalized genomic medicine, announced it raised $55 million.

Data-Science-As-A-Service Company Cogitativo Raises $18.5 Million

By Noah Long ● Dec 19, 2019

Cogitativo, a first-to-market data-science-as-a-service (DSaaS) company for healthcare service organizations, announced it raised $18.5 million in a Series B round of funding.

Comp Insurance Company Hourly Closes $7.15 Million In Funding

By Annie Baker ● Dec 19, 2019

Palo Alto-based company Hourly announced it raised $7.15 million in a seed round of funding.

TiVo Merging With Xperi In $3 Billion Deal

By Amit Chowdhry ● Dec 19, 2019

Xperi Corporation and TiVo Corporation announced a definitive agreement to combine in an all-stock transaction representing $3 billion of combined enterprise value.

Moxxie Ventures Sets Up $25 Million Debut Fund For Underrepresented Founders

By Amit Chowdhry ● Dec 19, 2019

Katie Jacobs Stanton announced that she has launched her debut venture capital fund Moxxie Ventures has raised $25 million.

Tusk Ventures Raises $70 Million For Second Flagship Fund

By Amit Chowdhry ● Dec 19, 2019

New York-based venture capital company Tusk Ventures announced it has raised $70 million for its second flagship fund.

Twitter Hires Greg Lieber As Director of Platform

By Annie Baker ● Dec 19, 2019

Twitter announced it is hiring Greg Lieber from VidMob as its director of platform on its agency and platform solutions team.

Computational Pathology Company Paige Raises $45 Million

By Dan Anderson ● Dec 19, 2019

Paige, a leader in computational pathology transforming the diagnosis and treatment of cancer, announced it raised $45 million.

Alchemy Raises $15 Million To Grow Its Blockchain Infrastructure Platform

By Amit Chowdhry ● Dec 19, 2019

San Francisco-based blockchain company Alchemy announced the debut of its infrastructure platform that enables enterprises to easily build real-world applications on top of blockchain technologies.

Insurance Management Platform Huckleberry Raises $18 Million

By Annie Baker ● Dec 19, 2019

Insurance purchasing and management platform Huckleberry has raised $18 million in Series A funding.

Sapphire Ventures: $1.4 Billion In Capital Commitments And $4 Billion AUM

By Amit Chowdhry ● Dec 19, 2019

Sapphire Ventures announced it has raised over $1.4 billion in new capital commitments and it now has approximately $4 billion in AUM.

Ford Investing $1.45 Billion In Michigan Plants: Details About The Initiative

By Amit Chowdhry ● Dec 19, 2019

Ford Motor Company announced it will be investing $1.45 billion in two plants in Michigan while creating 3,000 jobs.

Data Access Cloud Company Satori Cyber Raises $5.25 Million

By Noah Long ● Dec 19, 2019

Satori Cyber, an Israeli startup revolutionizing data protection and governance, announced it raised $5.25 million in a seed round of funding.

Google Cloud Lines Up Major Security Partnerships

By Amit Chowdhry ● Dec 19, 2019

Google announced it has lined up over a dozen new solutions and security partner integrations with Google Cloud. These are the details.

Microsoft Promotes Jennifer Yokoyama To The Head Of IP

By Amit Chowdhry ● Dec 19, 2019

Microsoft has reportedly named Jennifer Yokoyama as the company’s head of IP. She will be succeeding Microsoft corporate vice president and chief IP counsel Erich Andersen.