Innovation Archives

SolarWinds IPO: IT Management Software Company Closes Slightly Above Debut Price

By Amit Chowdhry ● Oct 21, 2018

SolarWinds went public on the New York Stock Exchange on Friday, October 19th and closed the day slightly above its debut price.

Tucson-Based Microsatellite Company Vector Raises $70 Million In Series B

By Dan Anderson ● Oct 21, 2018

Vector, a Tucson, Arizona-based microsatellite launch company, has announced that it has raised $70 million in Series B funding.

FundGuard Raises $4 Million In Seed Funding To Accelerate Platform Development

By Noah Long ● Oct 21, 2018

FundGuard has announced that it has raised $4 million in funding to accelerate its platform development.

Online Health Insurance Startup Devoted Health Raises $300 Million

By Amit Chowdhry ● Oct 20, 2018

Devoted Health, a Waltham, Massachusetts-based online health insurance startup, has raised $300 million in Series B funding.

IBM And Lenovo Sign A $240 Million AI Deal

By Noah Long ● Oct 19, 2018

IBM has announced that it has signed a $240 million multi-year agreement with Lenovo for providing field services and remote call center solutions.

Google Chrome 70 Adds Picture-In-Picture Support For Mac, Windows, And Linux

By Amit Chowdhry ● Oct 19, 2018

Google has added a new Picture-in-Picture mode for YouTube in version Google Chrome version 70.

Atlanta-Based Springbot Raises $15 Million For Its Data-Driven Marketing Platform

By Noah Long ● Oct 18, 2018

Data-driven marketing platform Springbot has announced that it has raised $15 million in funding led by North Atlantic Capital.

Israel-Based VAYAVISION Raises $8 Million In Funding To Build On Its Autonomous Vehicle Technology

By Annie Baker ● Oct 18, 2018

VAYAVISION, a provider of raw data fusion and perception for autonomous vehicles, has announced it has raised $8 million in seed funding.

Vancouver-Based Hubb Raises $6.3 Million To Scale Its Event Management Technology Business

By Annie Baker ● Oct 18, 2018

Vancouver, Washington-based event management technology Hubb has announced that it has raised $6.3 million in Series B funding.

Numerify Raises $27.5 Million To Build On Its IT Business Analytics Platform

By Noah Long ● Oct 18, 2018

Numerify is an IT business analytics company powered by AI that has raised $27.5 million in funding led by DAG Ventures.

Healthcare Tech Company Hero Raises $12 Million In Series A

By Amit Chowdhry ● Oct 17, 2018

Hero -- a company that has developed a medication management in-home system -- has raised $12 million in Series A funding.

London-Based Online Menswear Company Thread Raises $22 Million In Series B Funding

By Annie Baker ● Oct 17, 2018

London-based online menswear personalization company Thread has announced it has raised $22 million in Series B funding to grow its business.

Google Maps Now Lists Detailed Information About Electric Vehicle Charging Stations

By Amit Chowdhry ● Oct 17, 2018

Google has added a new feature to its Commutes feature so that you can find charging stations for electric vehicles via desktop or mobile devices.

Online Grocery Service Instacart Hits $7.6 Billion Valuation Following $600 Million Investment

By Annie Baker ● Oct 17, 2018

Instacart, an online grocery delivery services company, has announced that it has raised $600 million in a funding round at a $7.6 billion valuation.

Michigan-Based Fusion Coolant Systems Raises $8 Million In Series C

By Noah Long ● Oct 17, 2018

Fusion Coolant Systems, a Canton, Michigan-based company that developed an advanced coolant used in manufacturing, has raised $8 million in Series C funding.

Docker Raises $92 Million In Funding To Grow Its Containerization Business

By Dan Anderson ● Oct 17, 2018

Containerization company Docker has raised $92 million in funding out of a targeted $192 million, according to an SEC filing.

MIT To Invest $1 Billion To Launch The Schwarzman College of Computing

By Amit Chowdhry ● Oct 16, 2018

MIT has announced that it is committing $1 billion to establish the Schwarzman College of Computing to provide an AI and computing curriculum.

TCL Releases An Android-Based Palm Phone For $350

By Noah Long ● Oct 16, 2018

Chinese electronics company TCL has announced that it has released an Android-based Palm Phone device for $350, which has some high-end hardware specs.

Adobe: Full Version Of Photoshop CC Is Coming To iPad In 2019

By Dan Anderson ● Oct 16, 2018

At Adobe’s MAX conference, the company announced that the full version of Photoshop CC will be coming to the Apple iPad in 2019.

Apple Reportedly Acquires Streaming Analytics Company Asaii

By Noah Long ● Oct 15, 2018

Apple has reportedly acquired a music analytics company called Asaii, which could help bolster the Apple Music’s recommendations and analytics.

Hiking App AllTrails Raises $75 Million To Hire More Employees And Expand Overseas

By Noah Long ● Oct 14, 2018

Popular hiking app AllTrails has raised $75 million in funding led by Spectrum Equity to aggressively hire more employees and expand overseas.

Teledentistry Company SmileDirectClub Raises $380 Million

By Annie Baker ● Oct 14, 2018

Nashville-based teledentistry company SmileDirectClub has raised $380 million in funding in its first institutional private placement led by CD&R.

Apple Signs $600 Million Deal With Chipmaker Dialog Semiconductor

By Dan Anderson ● Oct 13, 2018

Apple and Dialog Semiconductor are strengthening its partnership through a technology licensing agreement in a deal valued at $600 million.

Snowflake Computing Raises $450 Million In Growth Funding To Accelerate Expansion

By Annie Baker ● Oct 13, 2018

Snowflake Computing, a data warehouse company built for the cloud, has raised $450 million in additional growth funding led by Sequoia Capital.

RealPage To Acquire Rentlytics For $57 Million In Cash

By Noah Long ● Oct 13, 2018

Property management software company RealPage announced it has acquired Rentlytics for $57 million in cash.

Business Software Review Company G2 Crowd Raises $55 Million

By Dan Anderson ● Oct 12, 2018

G2 Crowd, a review platform for business solutions, has raised $55 million in Series C funding at a valuation of slightly less than $500 million.

Report: Company Behind Bumble Is Looking Into An IPO

By Amit Chowdhry ● Oct 12, 2018

In an interview with Bloomberg, Andrey Andreev, the majority shareholder of Bumble owner Rimberg International, said the company is looking into an IPO.

Security Orchestration, Automation, And Response Company Demisto Raises $43 Million

By Dan Anderson ● Oct 12, 2018

Security Orchestration, Automation and Response (SOAR) technology company Demisto has raised $43 million in Series C funding led by Greylock Partners.

How Elon Musk Is Helping Bring Clean Water To Flint Schools

By Annie Baker ● Oct 12, 2018

Tesla Motors and SpaceX CEO Elon Musk has made an impact in helping bring clean water to schools in Flint, Michigan by providing a large donation.

MongoDB Is Buying mLab For $68 Million

By Noah Long ● Oct 12, 2018

New York-based MongoDB has announced that it is acquiring mLab for $68 million to deepen its relationship with developer-centric startup communities.