Enterprise

Black Friday Shoppers Have Spent $7.4 Billion In Online Sales

By Annie Baker ● Dec 2, 2019

Consumers have spent $7.4 billion in online spending over Black Friday, according to estimates from Adobe Analytics.

Silver Lake Names Egon Durban And Greg Mondre As First Co-CEOs

By Amit Chowdhry ● Dec 2, 2019

Private equity company Silver Lake announced it named managing directors Egon Durban and Greg Mondre as co-CEOs.

Morgan Stanley Investment Management Names Jill Wight As Managing Director

By Amit Chowdhry ● Dec 2, 2019

Morgan Stanley announced that it named Jill Wight as a managing director for Morgan Stanley Investment Management’s (MSIM) middle-market private equity investment team.

Forbes Media Has Acquired A Majority Stake In Quantalytics AI Labs

By Amit Chowdhry ● Dec 2, 2019

Forbes Media has acquired a majority stake in Quantalytics AI Labs (formerly known as Quantamize). These are the details.

SAR Raises $1 Million In Funding And Hires More Executives

By Dan Anderson ● Dec 2, 2019

Securities class action (SCA) data analytics software company SAR LLC announced it raised $1 million in seed capital.

Graham Partners Raises $645 Million For Fifth Fund

By Amit Chowdhry ● Dec 2, 2019

Newton Square, Pennsylvania-based venture firm Graham Partners announced it has raised $645 million for its fifth fund.

Hilary Schneider Becomes Shutterfly Head As Garrett Smallwood Gets Promoted To Wag! CEO

By Amit Chowdhry ● Dec 1, 2019

Hilary Schneider is departing from Wag! to become the CEO of Shutterfly as Garrett Smallwood is succeeding her.

E-Commerce Helpdesk Service Gorgias Raises $14 Million

By Annie Baker ● Dec 1, 2019

Gorgias, a helpdesk company founded by CEO Romain Lapeyre and CTO Alex Plugaro, announced it raised $14 million in Series A funding.

Breach And Attack Simulation Platform Company Cymulate Closes $15 Million In Funding

By Annie Baker ● Nov 29, 2019

Cymulate, a leading SaaS-based Breach and Attack Simulation (BAS) platform company, announced it raised $15 million in funding led by Vertex Growth Fund.

Log Analytics Solution Company Coralogix Raises $10 Million

By Noah Long ● Nov 29, 2019

Coralogix, the provider of a leading ML-powered log analytics solution, announced it raised $10 million in Series A funding.

NYSE Aiming To Enable Companies To Raise Capital With Direct Listings

By Amit Chowdhry ● Nov 29, 2019

The New York Stock Exchange (NYSE) said it filed with the SEC to enable companies going public to raise capital through a direct listing.

Tray.io: $50 Million Funding At Over $600 Million Valuation

By Dan Anderson ● Nov 29, 2019

Tray.io, a company that built a General Automation Platform, announced it raised $50 million in Series C funding.

Cloud Commerce Provider VTEX Raises $140 Million In Funding

By Dan Anderson ● Nov 28, 2019

Leading e-commerce platform VTEX announced it raised $140 million in funding led by SoftBank's Latin America fund.

Video Communication Company Loom Raises $30 Million

By Amit Chowdhry ● Nov 28, 2019

Video communication app company Loom announced it raised $30 million in Series B funding led by Sequoia Capital.

Clocktower Sets Up Second Financial Services Innovation Venture Fund At About $70 Million

By Amit Chowdhry ● Nov 28, 2019

Clocktower Technology Ventures announced the final close of its second financial services innovation fund called Clocktower Technologies II L.P.

MiddleGame Ventures Sets Up $165 Million FinTech Fund

By Dan Anderson ● Nov 28, 2019

Fintech investment firm MiddleGame Ventures announced it has set up a new fund called Venture Fund I with a final close of $165 million.

CAVU Ventures Sets Up $250 Million Third Fund

By Amit Chowdhry ● Nov 28, 2019

Consumer goods investment firm CAVU Venture Partners announced it has closed its third flagship fund with $250 million.

NovaQuest Capital Closes $275 Million For Private Equity Fund

By Annie Baker ● Nov 28, 2019

Healthcare and life sciences focused private investment firm NovaQuest Capital Management has closed $275 million in total capital commitments for Fund I.

Microsoft CEO Satya Nadella And President Brad Smith On Keeping Languages Alive

By Amit Chowdhry ● Nov 28, 2019

Microsoft CEO Satya Nadella and president Brad Smith recently went to New Zealand for a company event and to oversee a language preservation project.

ZMC Raises $775 Million For Private Equity Fund III

By Amit Chowdhry ● Nov 28, 2019

Zelnick Media Capital (ZMC) announced that it closed ZMC III, L.P. and ZMC III Parallel, L.P. (together known as “Fund III”) at $775 million.

Facebook Buys ‘Beat Saber’ Developer Beat Games

By Amit Chowdhry ● Nov 27, 2019

Facebook announced it has acquired Beat Games, the game development studio known for the "Beat Saber" VR game.

Vivun Closes $3 Million In A Seed Funding Round

By Noah Long ● Nov 27, 2019

Vivun, the creator of the world’s first product for Presales, announced it raised $3 million in a seed round of funding led by Unusual Ventures.

Teleradiology Company Nines Raises $16.5 Million In Funding

By Annie Baker ● Nov 27, 2019

Teleradiology company Nines announced that it has raised $16.5 million in funding.

Why Silver Lake Is Buying First Advantage From Symphony Technology

By Dan Anderson ● Nov 27, 2019

First Advantage, a global tech and information services leader, announced that Silver Lake is buying the company from Symphony Technology Group.

Origami Capital Promotes Julie Klaff To Partner

By Amit Chowdhry ● Nov 27, 2019

Private equity firm Origami Capital Partners announced it promoted Julie Klaff to partner. These are the details that you should know.

Corie Barry: Best Buy Is Excited About Holiday Plans, 1 Million Seniors Now Using Health Services

By Amit Chowdhry ● Nov 27, 2019

Best Buy CEO Corie Barry and CFO Corie Barry unveiled the company's quarterly results and provided a forecast. And they are "excited" about the holidays.

HPE CEO Antonio Neri: Why Revenue Will Grow For Full Fiscal Year 2020

By Dan Anderson ● Nov 27, 2019

HPE CEO Antonio Neri has revealed why he is expecting the company's full-year revenue in constant currency to grow. These are the details.

Intel And MediaTek Partnering In Order To Bring 5G On The PC

By Amit Chowdhry ● Nov 27, 2019

Intel announced that it is partnering with MediaTek on the development, certification, and support of 5G modem solutions.

Robotics And AI Sensor Company Advanced Navigation Raises $13 Million In Funding

By Amit Chowdhry ● Nov 27, 2019

Advanced Navigation announced that it raised $13 million in Series A funding led by the CSIRO Innovation Fund.

Why Palo Alto Networks Is Buying Aporeto For $150 Million

By Amit Chowdhry ● Nov 26, 2019

Palo Alto Networks announced that it entered a definitive agreement to buy machine identity-based microsegmentation company Aporeto for $150 million. These are the details.