Innovation

Chartbeat Raises Strategic Growth Funding From Bain Capital

By Amit Chowdhry ● Oct 13, 2024

Chartbeat, a leading media software platform and a portfolio company of Cuadrilla Capital announced that it has received a strategic growth investment from Bain Capital's Private Credit Group. And Bain Capital will join Cuadrilla as an institutional investor in Chartbeat.

EPAM To Buy Northern Ireland-Based Managed Services Company First Derivative

By Amit Chowdhry ● Oct 13, 2024

EPAM Systems announced an agreement to buy First Derivative, a Northern Ireland-based managed services and consulting business for the capital markets industry with over 1,800 employees worldwide and major delivery capability in the U.K., Ireland, North America, and APAC.

Qantev: AI-Based Health And Life Insurance Platform Company Raises $33 Million

By Amit Chowdhry ● Oct 13, 2024

Qantev – which is one the most advanced AI-based platform transforming how health and life insurers manage claims, reduce costs and improve services – announced it has raised $33 million in a new funding round led by Blossom Capital, with participation from existing investors Elaia, Omnes and Raise Venture.

Booster Therapeutics: $15 Million Raised To Develop New Class Of Proteasome Activator Medicines

By Amit Chowdhry ● Oct 13, 2024

Booster Therapeutics, a biotechnology company pioneering a new class of proteasome activator medicines to treat neurodegenerative and other diseases, launched with the support of a $15 million funding led by noted life sciences investors Apollo Health Ventures and Novo Holdings. And Booster was founded by Dr. Diogo Feleciano, Prof. Dr. Darci Trader, and Apollo Health Ventures, emerging from Apollo's company creation investment strategy.

POLARIS Laboratories Raises Strategic Investment From Riverspan Partners

By Amit Chowdhry ● Oct 13, 2024

POLARIS Laboratories - an industry leader in fluid analysis testing and reliability services - announced it has received a strategic investment from Riverspan Partners, a Chicago-based private equity firm specializing in growth-oriented investments in the industrial sector. And Riverspan’s support will bring expertise for POLARIS to advance its position as the independent global leader in maintenance and reliability condition monitoring services.

RCG Global Buys Aethereus To Strengthen Salesforce And Data Services

By Amit Chowdhry ● Oct 13, 2024

RCG Global Services, a leader in technology consulting and business-first engineering and part of the Frontenac portfolio, announced its acquisition of Aethereus, an award-winning Salesforce Summit Partner specializing in advisory, experience design, and multi-cloud transformation. This deal marks a significant milestone in RCG’s growth strategy, strengthening its Salesforce consulting capabilities, expanding its industry and core cloud offerings, and increasing its India presence.

Solvd Buying AI Consulting Company EastBanc Technologies

By Amit Chowdhry ● Oct 13, 2024

Solvd, an end-to-end software engineering company and global technology consultancy, announced the acquisition of EastBanc Technologies, a U.S.-based AI consulting firm. This move sets a clear course for Solvd's AI-driven strategy and new AI offerings.

Eleanor Health: $30 Million (Series D) Raised For Transforming Delivery Of Substance Disorder Care

By Amit Chowdhry ● Oct 13, 2024

Eleanor Health - an outpatient addiction treatment provider working to transform the quality, delivery and accessibility of substance use disorder care - announced it raised a $30 million Series D funding round led by General Catalyst, with participation from existing and new investors, including Town Hall Ventures, Echo Health Ventures, Northpond Ventures, Rethink Impact and Emerson Collective.

BrightNight: $440 Million Strategic Investment Raised From Goldman Sachs And Credit Facility Upsized To $400 Million

By Amit Chowdhry ● Oct 13, 2024

BrightNight, a next-generation renewable power producer focused on delivering clean and dispatchable power solutions, announced the successful closing of a $440 million strategic equity investment from Goldman Sachs Alternatives.