Archives

Bubble Buys Flusk For Enhancing Security Features

By Amit Chowdhry ● Oct 8, 2024

Bubble, a leading no-code platform for application development, announced the acquisition of Flusk, an innovative security and application monitoring tool. This partnership will enhance Bubble's security features, making it easier for users of all technical levels to implement cybersecurity best practices as they build and scale their businesses.

Voxel51 Reveals FiftyOne Open Source 1.0 To Accelerate Visual AI Applications

By Amit Chowdhry ● Oct 8, 2024

Voxel51 - a company helping organizations make visual AI a reality—announced the milestone release of version 1.0 of open-source FiftyOne. FiftyOne Open Source offers the foundation for Voxel51’s commercial solution, FiftyOne Teams, easing and streamlining the development of robust and reliable visual AI applications.

New Frontier Aerospace: Seed Funding Round From Pacific Bays Capital

By Amit Chowdhry ● Oct 7, 2024

New Frontier Aerospace (NFA) - a leading developer of advanced aerospace technologies - announced that it has closed a seed funding round with Pacific Bays Capital (PacCap), which is a Tokyo-based investment fund focused on the aerospace, space, green agriculture and energy sectors.

InterVene: $13 Million (Series A) Secured To Develop Interventional Solutions For Chronic Venous Insufficiency

By Amit Chowdhry ● Oct 7, 2024

InterVene - a clinical-stage medical device company dedicated to developing interventional solutions for chronic venous insufficiency (CVI) - announced the closing of its $13 million Series A financing round. The funding was co-led by new investor Treo Ventures and existing investor RiverVest Venture Partners. In connection with this financing, Brad Vale (Treo Ventures founding general partner) has joined InterVene’s Board of Directors.

Quorum: Unified Data Optimization Platform Company Raises Seed Funding Round

By Amit Chowdhry ● Oct 7, 2024

Quorum, a leading unified data optimization platform for marketers and publishers focused on driving actions, outcomes, and commerce at scale, announced its seed funding round closing. The funding, which includes Crush Ventures and Dudley Fund, will help Quorum accelerate growth and innovation in alignment with strong demand.

Universal Brain: Interview With Founder & CEO Dr. Kazu Okuda About How The Company Is Advancing Precision Psychiatry

By Amit Chowdhry ● Oct 7, 2024

Universal Brain is working on developing a neuroscience-based psychiatric platform to establish the stratification and treatment of mental disorders. Pulse 2.0 interviewed Universal Brain founder and CEO Dr. Kazu Okuda to learn more about the company.

PriceSpider: Interview With SVP Brett Banner About How Brands Conduct Commerce With Data Solutions

By Amit Chowdhry ● Oct 7, 2024

PriceSpider is a market leader in Shoppable solutions, helping the world’s most loved omnichannel brands optimize the path to purchase and drive higher conversions Pulse 2.0 interviewed PriceSpider's Senior Vice President of Strategy Brett Banner to learn more about the company.

RevMed: Interview With CEO Daniel Crittenden About The Healthcare Facility Marketplace Company

By Amit Chowdhry ● Oct 7, 2024

RevMed is a first-of-its-kind platform that connects healthcare facilities across the USA through a secure marketplace that enables them to purchase critical supplies, monetize excess inventory, and save money. Pulse 2.0 interviewed RevMed CEO Daniel Crittenden to learn more about the company.

Ambow Education: $1.3 Million Licensing Deal Secured

By Amit Chowdhry ● Oct 7, 2024

Ambow Education - an AI-based educational technology company - announced today that it has entered into a $1.3 million non-exclusive, annually renewable licensing agreement with Inspiring Futures Pte. LTD. This agreement grants licensing authorization for the production of the HybriU AI UniBox and the sale of HybriU, a comprehensive AI-driven, plug-and-play educational solution, in international markets. The agreement aligns with Ambow's mission to advance the future of education and empower educators and students globally.

STG Logistics: Containerized Logistics Services Company Closes $300 Million In Financing

By Amit Chowdhry ● Oct 7, 2024

STG Logistics, a leading provider of containerized logistics services, announced the completion of a $300 million debt and equity financing package. This funding, which is backed by STG's existing lenders and equity sponsors, will provide the company with significant capital to fuel its ongoing expansion and strategic growth initiatives.

Helios AI: Interview With Co-Founder And CEO Francisco Martin-Rayo About CommodiTrack

By Amit Chowdhry ● Oct 7, 2024

Helios AI is a leading artificial intelligence company that predicts soft commodity prices and agricultural supply disruptions. The company sees daily and historical coverage for 85 countries and 50+ commodities. Its platform analyzes billions of signals in real-time to empower organizations to be one step ahead of the market. Pulse 2.0 interviewed Helios AI co-founder and CEO Francisco Martin-Rayo to learn more about the company.

UniSpice: Interview With CEO Allan Safieh About The Regenerative Farming Company

By Amit Chowdhry ● Oct 7, 2024

UniSpice is a company that is leading the charge in utilizing regenerative farming techniques to grow produce sustainably. Pulse 2.0 interviewed UniSpice CEO Allan Safieh to learn more about the company.

SeeMetrics: Interview With Co-Founder/CEO Shirley Salzman About This Transformative Cybersecurity Performance Management Company

By Amit Chowdhry ● Oct 7, 2024

SeeMetrics is a Cybersecurity Performance Management (CPM) platform that transforms the way security leaders measure, track, and improve stack performance. Pulse 2.0 interviewed SeeMetrics CEO and co-founder Shirley Salzman to learn more about the company.

Standard AI: Interview With CTO David Woollard About The Retail Insights Company

By Amit Chowdhry ● Oct 7, 2024

Standard AI is a company that is equipping brick-and-mortar stores and their suppliers with the data they need to solve the hardest problems in physical retail: unlocking insights with unparalleled fidelity and precision about people, products, and interactions. Pulse 2.0 interviewed Standard AI CTO David Woollard to learn more about the company.

Power Grid Components Buying Electric Power Systems Company Vizimax

By Amit Chowdhry ● Oct 7, 2024

Power Grid Components (PGC) - a Blackstone portfolio company - announced that it has acquired Vizimax, a leading provider of innovative solutions to measure, control and switch high- and medium-voltage electric power systems. And Vizimax’s controlled switching device is the go-to solution for managing and optimizing inrush currents, thus extending the useful life of critical electrical equipment, including power transformers and circuit breakers.

Future Trash: Multidisciplinary Creative Studio Raises $5 Million

By Amit Chowdhry ● Oct 7, 2024

Future Trash, a multidisciplinary creative studio, announced that it has raised $5 million in venture capital funding led by TIRTA and General Catalyst. The funding round will be dedicated to Future Trash's flagship original IP, FOAD, which leverages Fortnite's Unreal Editor (UEFN) tools and ecosystem to create a User-Generated-Content (UGC) native video game franchise.

Quantios Buying AI-Based Legal Entity Management Company Klea

By Amit Chowdhry ● Oct 7, 2024

Quantios, a global provider of Wealth and Corporate Services SaaS solutions, is pleased to announce it has completed the acquisition of Klea, an AI-powered legal entity management (LEM) tool.

Kando: $10 Million Secured For Accelerating Innovation In Wastewater Intelligence

By Amit Chowdhry ● Oct 7, 2024

Kando (a leading wastewater intelligence company dedicated to improving global wastewater quality) announced the closing of its latest investment round, raising $10 million and bringing the total amount raised to $30 million.

Baker Tilly Buying Robotic Process Automation Company Alirrium

By Amit Chowdhry ● Oct 7, 2024

Leading advisory, tax, and assurance company Baker Tilly is expanding its advanced technology capabilities by acquiring Alirrium, a fast-growing leader in Robotic Process Automation (RPA) advisory and implementation services. Effective November 1, the move strengthens Baker Tilly’s capabilities in RPA, AI/ML to better support businesses in modernizing their operations and improving their competitive edge.

Kailera Therapeutics: $400 Million (Series A) Raised To Advance Next-Gen Therapies For Obesity

By Amit Chowdhry ● Oct 7, 2024

Kailera Therapeutics announced its launch as a clinical-stage biopharmaceutical company focused on advancing a broad pipeline of next-generation therapies for treating obesity and related conditions. And Kailera launches with a $400 million Series A financing co-led by Atlas Venture, Bain Capital Life Sciences, and RTW Investments, with participation from Lyra Capital. The company is also developing several clinical-stage injectable and oral therapies that have demonstrated potential as best-in-class treatments for chronic weight management.

Outdoor Living Supply Buying Garden Supply Hardscapes

By Amit Chowdhry ● Oct 7, 2024

Outdoor Living Supply (OLS), a distribution platform with a focus on outdoor living products and solutions, announced that it has acquired Garden Supply Hardscapes, a full-service distributor of hardscape, natural stone, brick, lighting, bulk materials, and other complementary landscape products to Northern California.

Summit Partners: $9.5 Billion Raised For Twelfth U.S. Growth Equity Fund

By Amit Chowdhry ● Oct 7, 2024

Global growth equity investment firm Summit Partners announced the closing of its latest flagship U.S. growth equity fund. Summit Partners Growth Equity Fund XII launched fundraising in late April 2024 and held its closing after approximately five months with $9.5 billion in capital. Consistent with the firm’s prior funds, the general partner will be Summit XII's largest investor.

Jabil Acquiring Mikros Technologies For Supporting Liquid Cooling Demand

By Amit Chowdhry ● Oct 7, 2024

Jabil - a global leader in design, manufacturing, and supply chain solutions - announced the successful acquisition of Mikros Technologies, a leader in the engineering and manufacturing of liquid cooling solutions for thermal management, which was completed on October 1.

Vista Outdoor Selling Revelyst To Strategic Value Partners For $1.125 Billion

By Amit Chowdhry ● Oct 7, 2024

Revelyst - a collective of maker brands that design and manufacture performance gear and precision technologies and a segment of Vista Outdoor and Strategic Value Partners (a global alternative investment firm with approximately $19 billion of assets under management) announced that they have entered into an agreement under which SVP-managed funds will acquire Revelyst in an all-cash transaction based on an enterprise value of $1.125 billion.

Halon Security: Investment Raised From Intera Partners

By Amit Chowdhry ● Oct 6, 2024

Intera Partners announced it has invested in Halon Security, a global leader in email infrastructure software based in Sweden. This new funding will enable Halon to accelerate its global expansion and continue leading innovation in carrier-grade email solutions.

Logic Tech Raises Strategic Funding From First Principles

By Amit Chowdhry ● Oct 6, 2024

First Principles Capital (FPC), an investment firm focused on partnering with founder-led businesses, announced a strategic investment into Logic Tech Corporation, a Canadian dental practice management software leader. And Logic Tech has been a driving force in the dental industry for over 30 years, with its innovative software solutions, including the Paradigm Clinical platform, trusted by over 1,000 practices across Canada.

Turnspire Capital Partners To Buy GHP Group

By Amit Chowdhry ● Oct 6, 2024

Turnspire Capital Partners announced that an affiliate has acquired GHP Group, a leading designer and supplier of consumer outdoor living and indoor heating products. Based in Niles, Illinois, GHP is a prominent leader in designing, sourcing, and supplying patio heaters, fireplaces, portable heating products, barbecue grills, and water dispensers under a portfolio of well-recognized brands, including Dyna-Glo, Bond, Pleasant Hearth, and Vitapur.

Kovitz Onboards $5.9 Billion Fort Pitt Capital Team

By Amit Chowdhry ● Oct 6, 2024

Focus Financial Partners—a leading partnership of fiduciary wealth management firms and related financial services firms—announced that it has entered into a definitive agreement under which Pittsburgh-based Focus partner Fort Pitt Capital Group will join fellow Focus firm Kovitz Investment Group Partners. This deal is expected to close in Q4 of 2024, subject to customary closing conditions.

Perigon Wealth Management Brings In 3 Key Hires

By Amit Chowdhry ● Oct 6, 2024

Perigon Wealth Management - a growing independent wealth management firm with offices across the country and about $8.2 billion in client assets as of June 30, 2024 - announced it brought in three key hires to support its continued expansion through organic growth and acquisitions.

ICE USA Acquires Robert G. Campbell & Associates

By Amit Chowdhry ● Oct 6, 2024

Godspeed Capital Management - a lower middle market Architecture, Engineering, & Consulting (AEC) and government services-focused private equity firm - announced the acquisition of Robert G. Campbell & Associates (RGC&A) by ICE USA, its transportation-focused engineering and consulting services and solutions platform holding company. The deal marks the second addition to Godspeed’s expanding ICE USA platform and deepens its surveying, civil engineering, and construction management capabilities for public works and transportation agency customers within the highly attractive Tennessee market.