Enterprise

Denver-Based Business Success Platform Gtmhub Raises $9 Million

By Noah Long ● Dec 11, 2019

Gtmhub, a Denver-based business success platform company, announced that it raised $9 million in Series A funding led by CRV.

Chicago-Based May River Capital Sets Up Massive $300 Million Sophomore Fund

By Amit Chowdhry ● Dec 11, 2019

Chicago-based May River Capital announced that it raised $300 million for its sophomore fund called May River Capital Fund II, LP.

Mesh Networking Provider HypeLabs Raises $3 Million

By Noah Long ● Dec 11, 2019

Mesh networking provider company HypeLabs announced it raised $3 million in a seed round of funding led by innogy Innovation Hub.

Perceptive Advisors Sets Up $210 Million Perceptive Xontogeny Venture Fund

By Amit Chowdhry ● Dec 11, 2019

Investment management firm Perceptive Advisors announced it closed its inaugural venture capital fund with $210 million in capital commitments.

CyberGRX: $40 Million In Funding And 5x Recurring Revenue Increase

By Dan Anderson ● Dec 11, 2019

Global cyber risk exchange provider CyberGRX announced that it has raised $40 million in Series D funding led by ICONIQ Capital.

Why Payoneer Is Buying Optile

By Dan Anderson ● Dec 11, 2019

Digital payment platform Payoneer recently announced it acquired Munich-based company optile. These are the details about the deal.

Seed Stage Investment Firm Pear Sets Up $160 Million For Third Fund

By Amit Chowdhry ● Dec 11, 2019

Palo Alto-based seed-stage investment firm Pear has closed $160 million in capital commitments for its third fund.

Voice Customer Service Observe.AI Closes $26 Million In Funding

By Amit Chowdhry ● Dec 11, 2019

AI-powered voice customer service company Observe.AI announced that it raised $26 million in Series A funding led by Scale Venture Partners.

Home Energy Platform Company Arcadia Raises $30 Million In Funding

By Dan Anderson ● Dec 11, 2019

Arcadia -- a startup with software that connects hundreds of thousands of U.S. households to cleaner and cheaper energy options -- raised $30 million.

Why VeriShip Is Buying Valence

By Dan Anderson ● Dec 11, 2019

Leading SaaS-based shipping expense optimization platform VeriShip announced it is buying Valence. These are the details.

Data Analytics Company Sevan Multi-Site Solutions Raises $17.5 Million

By Annie Baker ● Dec 11, 2019

Downers Grove, Illinois-based Sevan Multi-Site Solutions announced it has raised $17.5 million in Series A funding led by ABS Capital Partners.

Goldman Sachs Preparing To Launch Robo-Advisor Next Year

By Amit Chowdhry ● Dec 11, 2019

Goldman Sachs is preparing to launch a robo-advisor next year and the account minimum for the service might be as low as $5,000.

Walmart Testing Driverless Vehicles For Delivering Groceries

By Dan Anderson ● Dec 11, 2019

Walmart is now testing driverless vehicles for delivering groceries to the homes of its customers in partnership with Nuro.

Imply: $30 Million In Funding And $350 Million Valuation

By Amit Chowdhry ● Dec 11, 2019

Real-time analytics company Imply announced that it raised $30 million in funding led by Andreessen Horowitz’s Late Stage Venture Fund.

Apple Sues Former Chip Designer Employee

By Amit Chowdhry ● Dec 10, 2019

Apple has filed a lawsuit against Gerard Williams III, a former employee who oversaw the development of Apple's A-series chipsets.

Cross-Channel Growth Marketing Platform Company Iterable Raises $60 Million In Funding

By Dan Anderson ● Dec 10, 2019

Cross-channel growth marketing platform Iterable announced it has raised $60 million in Series D funding.

Why VSCO Is Acquiring 360 Camera Company Rylo

By Amit Chowdhry ● Dec 10, 2019

VSCO announced that it is buying Rylo, a company that is known for building a compact camera with powerful video stabilization technology.

Furnished Home Company Zeus Raises $55 Million In Funding

By Noah Long ● Dec 10, 2019

Zeus Living, a company that offers furnished homes for modern professionals, announced that it raised $55 million in Series B funding.

Intel CEO Bob Swan: Less Focus On 90% CPU Market Share

By Amit Chowdhry ● Dec 10, 2019

At the annual Credit Suisse technology conference, Intel CEO Bob Swan said that the company is no longer going to overly focus on its 90% CPU market share.

Centana Growth Partners Raises $375 Million For Second Fund

By Amit Chowdhry ● Dec 10, 2019

Centana Growth Partners announced that it has raised $375 million for its second fund called Fund II. Fund II was oversubscribed and closed at its hard cap.

SignalFire Receives $500 Million In Capital Commitments For Two Funds

By Dan Anderson ● Dec 10, 2019

San Francisco-based venture firm SignalFire announced that it has raised $500 million in capital commitments across two funds.

ViacomCBS CEO Robert Bakish Highlights Post-Merger Plans

By Dan Anderson ● Dec 10, 2019

ViacomCBS CEO Robert M. Bakish discussed some of the planned initiatives following the merger of the media companies at the UBS Technology, Media and Telecom Conference.

Sandra Sims-Williams Joining Nielsen As SVP Of Diversity And Inclusion

By Amit Chowdhry ● Dec 10, 2019

Sandra Sims-Williams is joining Nielsen as the senior vice president of diversity and inclusion.

Craig Walker: How 5G Is Going To Change The Future Of Work

By Amit Chowdhry ● Dec 10, 2019

Dialpad founder and CEO Craig Walker revealed how 5G is going to change the future of work in an interview with Inc.

Nobel Prize Winner Frances Arnold Joins Alphabet’s Board Of Directors

By Amit Chowdhry ● Dec 10, 2019

Nobel chemistry laureate and California Institute of Technology professor Frances Arnold is joining Alphabet's board of directors.

Away CEO Steph Korey Resigns And Apologizes For Improper Behavior

By Amit Chowdhry ● Dec 10, 2019

Away co-founder and CEO Steph Korey is stepping down from the luggage company following a report about a toxic work culture.

Brad Smith: Microsoft’s Work On The JEDI Deal Moving Faster Despite Amazon’s Pushback

By Amit Chowdhry ● Dec 9, 2019

Microsoft president Brad Smith said that the company's work on the federal government's JEDI deal is moving faster despite the pushback from Amazon.

Complex Launches A New E-Commerce Platform

By Annie Baker ● Dec 9, 2019

Complex has announced today that it has launched a new e-commerce platform called Complex SHOP. These are the details about the newly launched service.

Tim Draper Invests In Blockchain Venture Studio Goren Holm

By Amit Chowdhry ● Dec 9, 2019

Blockchain accelerator and incubator Goren Holm Ventures has received an investment from new board member Tim Draper and rebranded to Draper Goren Holm.

Report: Chime Is Now Valued At $5.8 Billion Following $500 Million Funding Round

By Amit Chowdhry ● Dec 9, 2019

Online banking service Chime has reportedly raised $500 million Series E in funding at a valuation of $5.8 billion.