Innovation

CyberArk Buying Zilla Security In $165 Million Deal

By Amit Chowdhry ● Feb 22, 2025

CyberArk, a leader in identity security, announced it acquired Zilla Security, a leader in modern Identity Governance and Administration (IGA) solutions. And Zilla’s AI-based IGA capabilities will expand CyberArk’s industry-leading Identity Security Platform with scalable automation that enables accelerated identity compliance and provisioning across digital environments while maximizing security and operational efficiency.

Sherwin-Williams To Buy BASF’s Brazilian Architectural Paints Operations For $1.15 Billion

By Amit Chowdhry ● Feb 22, 2025

The Sherwin-Williams Company announced it has entered into a definitive agreement with BASF Group to buy BASF's Brazilian architectural paints business for $1.15 billion in an all-cash deal.

RF Investment Partners Buying S&K Building Services

By Amit Chowdhry ● Feb 22, 2025

RF Investment Partners (a leading growth capital investor) announced the acquisition of S&K Building Services, a provider of window washing, pressure washing, and metal/glass restoration services to multi-story commercial properties. This partnership deepens RF’s portfolio in the essential services sector.

Olipop: $50 Million (Series C) Raised At $1.85 Billion Valuation For Prebiotic Soda Brand

By Amit Chowdhry ● Feb 22, 2025

Olipop, a popular prebiotic soda brand, announced that it raised $50 million in Series C funding at a $1.85 billion valuation according to CNBC. The Series C funding round was led by J.P. Morgan Private Capital’s Growth Equity Partners.

Dream: $100 Million (Series B) Raised At $1.1 Billion Valuation For Cyber Resilience

By Amit Chowdhry ● Feb 22, 2025

Dream, an AI-based company providing cyber resilience for nations and critical infrastructure, announced a $100 million Series B led by Bain Capital Ventures at a $1.1 billion valuation. And additional investors include Group 11, Tru Arrow, Tau Capital and Aleph. Dream will further enhance its product capabilities and global market reach with this funding round.

Harvey: $300 Million (Series D) Raised At $3 Billion Valuation For Legal AI Platform

By Amit Chowdhry ● Feb 22, 2025

Harvey recently announced the Series D funding round led by Sequoia and including Coatue, Kleiner Perkins, OpenAI Startup Fund, GV, Conviction, Elad Gil, and REV, the venture capital arm of RELX Group which owns LexisNexis Legal & Professional. This round of funding was raised at a $3 billion valuation.

Drata: $100 Million ARR Milestone Achieved

By Amit Chowdhry ● Feb 22, 2025

Drata, a trust management platform, announced several milestones, including its fourth year since launch. Over the past fiscal year, the company has achieved rapid growth with $100 million annual recurring revenue (ARR), a major benchmark in its commitment to modernizing governance, risk, and compliance (GRC).

Candid Health: $52.5 Million (Series C) Raised To Simplify Medical Billing

By Amit Chowdhry ● Feb 22, 2025

Candid Health, an autonomous revenue cycle automation platform for healthcare providers, announced it has raised $52.5 million in Series C funding led by Oak HC/FT with participation from existing investors. This funding round brings the company's total raised to $99.5 million.

Stanford University And Starkey Partnering On Study Validating Balance Assessment For Fall Risk Detection

By Amit Chowdhry ● Feb 22, 2025

Starkey is continuing to be committed to collaborating with global researchers and innovators. According to a recent peer-reviewed article (published in Otology & Neurotology) highlights the collaborative research between Starkey and Stanford to validate Starkey's Balance Assessment feature available with Edge AI.

Carlyle Acquires Controlling Stake In Roop And Highway

By Amit Chowdhry ● Feb 22, 2025

Global investment firm Carlyle announced it has completed the acquisition of a controlling stake in Highway Industries and Roop Automotives through a proprietary and exclusive transaction. The equity for the investment will come from investment funds affiliated with Carlyle Asia Partners (CAP).