Innovation Archives

Online Login And Checkout Experience Fast Raises $102 Million In Series B

By Dan Anderson ● Feb 11, 2021

Fast — one of the world's fastest online login and checkout experience — announced a $102 million Series B funding round.

Back Office Services Company Pilot Raises $60 Million Series C

By Dan Anderson ● Feb 11, 2021

Pilot — the largest provider of back-office services for startups and small businesses in the US — announced recently that it has closed a $60 million Series C.

Playvox: $25 Million Funding And Agyle Time Acquisition

By Annie Baker ● Feb 11, 2021

Playvox — a leading CRM-connected omnichannel contact center provider of agent optimization solutions, announced recently that it raised a $25 million funding round.

Subscription Book Club Company Literati Raises $40 Million

By Noah Long ● Feb 11, 2021

Literati, an Austin, Texas-based subscription book club company, announced recently that it raised $40 million in Series B funding

Zillow Group (Z, ZG) Acquires ShowingTime For $500M, Beats Q4 Expectations

By Amit Chowdhry ● Feb 11, 2021

Zillow Group Inc (NASDAQ: Z) (NASDAQ: ZG) has made a couple of major announcements. These are the details.

Reddit: $250 Million Funding And $6 Billion Valuation

By Amit Chowdhry ● Feb 9, 2021

Reddit has raised $250 million in a new round of funding at a $6 billion valuation. These are the details.

Electronic Arts (EA) To Buy Glu Mobile (GLUU) For $2.1 Billion

By Amit Chowdhry ● Feb 8, 2021

Electronic Arts Inc. (NASDAQ: EA) and mobile game publisher Glu Mobile Inc. (NASDAQ: GLUU) recently entered into a definitive agreement under which EA will buy Glu Mobile for $2.1 billion in enterprise value.

Tesla (TSLA) Invests $1.5 Billion In Bitcoin

By Amit Chowdhry ● Feb 8, 2021

Tesla Inc (NASDAQ: TSLA) revealed that it has invested $1.5 billion in Bitcoin following an investment policy update. These are the details.

eCommerce Growth Platform Sturish Raises $3.2 Million

By Noah Long ● Feb 6, 2021

Sturish — an AI driven eCommerce growth platform that establishes and grows online businesses across multiple channels and global markets — recently closed a $3.2 million. These are the details.

Point-Of-Sale Payment Platform Loanpal Raises Over $800 Million

By Amit Chowdhry ● Feb 6, 2021

Loanpal — a point-of-sale payment platform for sustainable home solutions - announced its first external investment round of over $800 million. These are the details.

Splashtop: $50 Million Funding And Over $1 Billion Valuation

By Amit Chowdhry ● Feb 6, 2021

Splashtop — an emerging leader in next-generation remote access and remote support — announced it has raised $50 million in funding. These are the details.

Bloomreach: $150 Million Funding And Exponea Acquisition

By Amit Chowdhry ● Feb 6, 2021

Bloomreach — a leader in commerce experience — recently made a couple of major announcements. These are the details.

At-Home Wellness Tracker Company Vessel Raises $14.5 Million

By Noah Long ● Feb 6, 2021

Vessel — a new at-home wellness tracker that helps users access, understand, and optimize health and wellness from the comfort of home — announced it has raised $8 million in funding. These are the details.

Consumer Prediction Marketplace Versus Game Secures $4 Million

By Annie Baker ● Feb 6, 2021

Versus Game — a leading consumer prediction/social wagering marketplace — announced it has raised a $4 million Series Seed round of financing. These are the details.

Coaching Platform Sounding Board Raises $13.1 Million

By Dan Anderson ● Feb 6, 2021

Sounding Board — a premier cloud-based coaching platform — announced that it closed an oversubscribed $13.1 million Series A funding. These are the details.

Why Magnite Is Buying SpotX For $1.17 Billion In Cash And Stock

By Amit Chowdhry ● Feb 5, 2021

Magnite (Nasdaq: MGNI) — the largest independent sell-side advertising platform - recently announced it has entered into a definitive agreement to acquire SpotX from RTL Group for $1.17 billion in cash and stock. These are the details.

Merck CEO Kenneth C. Frazier Retiring And Robert Davis Named As Successor

By Amit Chowdhry ● Feb 4, 2021

Today Merck (NYSE: MRK) announced that Kenneth C. Frazier, chairman and chief executive officer, will retire as CEO, effective June 30, 2021. These are the details.

Why Box Is Buying SignRequest For $55 Million

By Amit Chowdhry ● Feb 4, 2021

Box, Inc. (NYSE:BOX) recently announced that it entered into a definitive agreement under which Box will acquire SignRequest for $55 million. These are the details.

Amazon (AMZN): $125.6 Billion Revenue For Q4 2020 And Jeff Bezos Steps Down As CEO

By Amit Chowdhry ● Feb 3, 2021

Amazon reported Q4 2020 revenue of $125.6 billion and Andy Jassy is succeeding Jeff Bezos as CEO in the third quarter of this year.

Why SAP Is Buying Signavio

By Amit Chowdhry ● Feb 2, 2021

SAP SE (NYSE: SAP) and Signavio GmbH recently announced that SAP has entered into an agreement to acquire Signavio. Details about the deal.

Why Workday Is Buying Peakon For $700 Million

By Amit Chowdhry ● Feb 2, 2021

Workday Inc (NASDAQ: WDAY) announced recently that it is buying Peakon ApS for $700 million in cash. These are the details about the deal.

Augmented Reality Social Gaming Company Gowalla Raises $4 Million

By Amit Chowdhry ● Feb 2, 2021

Gowalla — a location-based social media service company — announced that it has raised $4 million in funding. These are the details.

OwnBackup: $167.5 Million Funding And Nearly $1.4 Billion Valuation

By Amit Chowdhry ● Feb 2, 2021

OwnBackup — a leading cloud data protection platform — recently announced a Series D investment of $167.5 million. These are the details.

Cutback Coach Raises $3.1 Million To Promote Healthier Drinking Habits

By Annie Baker ● Feb 2, 2021

Cutback Coach — a new program focused on helping the 70% of US adults who regularly drink build healthier habits around alcohol consumption — announced that it has raised $3.1 million in seed funding.

E-Commerce Platform Company SamCart Raises $10 Million

By Dan Anderson ● Feb 2, 2021

SamCart — an e-commerce platform designed for direct-to-consumer brands — announced it has raised a $10 million Series-A funding round. These are the details.

Crosslink Capital Launches New $350 Million Fund

By Amit Chowdhry ● Feb 1, 2021

Crosslink Capital recently announced the closing of its ninth flagship venture capital fund Crosslink Ventures IX. These are the details.

TripActions: $155 Million Series E Funding And $5 Billion Valuation

By Noah Long ● Feb 1, 2021

TripActions — a fast-growing business travel and spend management platform — announced it has raised $155 million in Series E growth funding. These are the details.

Online Eyewear Retailer GlassesUSA.com Raises $45 Million

By Annie Baker ● Feb 1, 2021

GlassesUSA.com (an Optimax Eyewear subsidiary), the leading online eyewear retailer in the US, has announced today the close of $45 million in funding from Tene Investment Fund. These are the details.

Cloud-Native Network Security Platform Valtix Raises $12.5 Million

By Dan Anderson ● Feb 1, 2021

Valtix — the industry's first cloud-native network security platform — announced that it has raised $12.5 million in strategic funding. These are the details.

Innovative Food Company BlueNalu Raises $60 Million

By Amit Chowdhry ● Feb 1, 2021

BlueNalu — a leading innovative food company producing a variety of seafood products directly from fish cells — announced the closing of $60 million in debt financing.