Archives

DASI Simulations: $5 Million Convertible Note Funding Round Closed

By Amit Chowdhry ● Feb 12, 2024

DASI Simulations - a medical technology start-up offering a novel AI-powered medical platforms to advance toward lifetime management and improved outcomes for structural heart interventions - announced it has closed it $5 million convertible note round. The company has now surpassed $7 million in funds raised.

Why Gilead Sciences Is Buying CymaBay Therapeutics For $4.3 Billion

By Annie Baker ● Feb 12, 2024

Gilead Sciences and CymaBay Therapeutics announced a definitive agreement under which Gilead will acquire CymaBay for $32.50 per share in cash or a total equity value of $4.3 billion. Adding CymaBay’s investigational lead product candidate seladelpar for treating primary biliary cholangitis (PBC), including pruritus, complements Gilead’s existing liver portfolio and aligns with its long-standing commitment to bringing transformational medicines to patients.

Teramind: How This Rapidly Growing Company Mitigates Insider Threats And Data Loss

By Amit Chowdhry ● Feb 12, 2024

Teramind is a leading provider of insider threat management and data loss prevention. Since 2014, over 10,000 organizations across all major industries have trusted Teramind for their business process optimization needs. Pulse 2.0 interviewed Teramind Chief Product Officer and Founder Isaac Kohen to learn more.

Bugcrowd Raises $102 Million To Scale AI-Powered Crowdsourced Security Platform

By Amit Chowdhry ● Feb 12, 2024

Bugcrowd announced it has secured $102 million in strategic growth funding to scale its AI-powered crowdsourced security platform offerings globally. Led by General Catalyst - with participation from longtime existing investors Rally Ventures and Costanoa Ventures - this funding round underscores investor confidence in the company's leadership position in the crowdsourced security market.

Smileyscope: How This Company Uses VR To Help Reduce Patient Pain And Anxiety

By Amit Chowdhry ● Feb 12, 2024

Smileyscope is a digital therapeutics company with proprietary technology that reframes medical procedures using choreographed virtual reality (VR) experiences to help reduce patient pain and anxiety and improve the overall patient experience. Pulse 2.0 interviewed Smileyscope CEO Dr. Evelyn Chan to learn more about the company.

EqualSeat: How This Platform Helps Retail Investors Diversify With Alternatives

By Amit Chowdhry ● Feb 12, 2024

EqualSeat (a member of AVANA Companies) is a platform that combines innovative technology and decades of lending experience to bring a simple and effective alternative investment option to individual investors. Pulse 2.0 interviewed AVANA Companies senior product manager Anish Dhanjee to learn more about the platform.

Frontier Bio: Providing Animal Testing Alternatives And Supplying Tissues/Organs For People Needing Transplants In A $1+ Billion Market

By Amit Chowdhry ● Feb 12, 2024

Frontier Bio creates engineered tissues to replace animal testing and save lives. Pulse 2.0 interviewed Frontier Bio’s Head of Vascular Tissue Engineering Sam Pashneh-Tala to learn more.

Next DLP: How This Insider Risk And Data Protection Company Is Transforming A $10+ Billion Market

By Amit Chowdhry ● Feb 12, 2024

Next DLP (Next) is a leading provider of insider risk and data protection solutions. And the Reveal Platform by Next uncovers risk, stops data loss, educates employees, and fulfills security, compliance, and regulatory needs. Pulse 2.0 interviewed Next CEO Connie Stack to learn more about the company.

Valid8: How This Company Extracts And Reconciles Banking Transactions Quickly

By Amit Chowdhry ● Feb 12, 2024

Valid8 is a Verified Financial Intelligence platform that extracts accounting evidence from documents and systems to eliminate sample risk and improve the speed and quality of rendering a professional opinion in financial investigations. Pulse 2.0 interviewed Valid8 Financial co-founder and CEO Chris McCall to learn more about the company.

Doowon Climate Control To Invest Over $30 Million In Georgia-Based Manufacturing Facility

By Amit Chowdhry ● Feb 11, 2024

Governor Brian Kemp recently announced that Doowon Climate Control America (an auto parts manufacturer and supplier) will invest over $30 million in a new manufacturing facility in Metter, creating 200 new jobs in Candler County. This marks the second automotive supplier announced in Candler County in under six months.

Sensos: $20 Million Raised To Fruther Develop Proactive Supply Chain Management Solutions

By Amit Chowdhry ● Feb 11, 2024

Sensos (a Sony Semiconductor Israel spin-off) announced it has successfully closed its Series A funding round to develop a proactive supply chain management solution further. This funding round was led by Mitsui-backed Magenta Venture Partners, joined by JAL Ventures, with the participation of Israel Cargo Logistics and Sumitomo.

Belhaven University Has Launched A Master Of Science In Data Science Program

By Amit Chowdhry ● Feb 11, 2024

Belhaven University has announced a launch of the Master of Science in Data Science (MSDS) degree program with classes set to start on April 29, 2024. This online degree will help prepare students for a next-generation career in data science and analytics.

UBS Private Wealth Management Brings In $2 Billion Advisor Team

By Amit Chowdhry ● Feb 10, 2024

UBS Private Wealth Management announced that Financial Advisors Matthew Foley, Lawrence DeLuise and Christopher Butler have joined the firm. And together with their team, Foley, DeLuise & Associates, they manage over $2 billion in client assets for ultra-high net worth individuals and families. Matt, Larry, and Chris are also joined by team members Jason Lipp, Deanna Wilson, Lori Macaluso, Greg Romano, Linsey Serafino, and Emily Buske.

Speedinvest: Fourth Flagship Fund Closed At €350 Million

By Amit Chowdhry ● Feb 10, 2024

Speedinvest announced that it had raised new capital to deepen its commitment to providing game-changing founder support and helping early-stage startups scale to global success. The final €350 million closing of Speedinvest 4 – which was €50 million above the initial target – brings the firm’s total assets raised for our fourth fund generation to more than €600 million, which includes follow-on vehicles to provide long-term funding to our existing portfolio.

Omega: $6 Million Raised To Enable Users In Leveraging Cross-Chain Digital Assets

By Annie Baker ● Feb 10, 2024

Omega announced it has closed a $6 million funding round, marking a major milestone in its quest to integrate native Bitcoin into the decentralized finance (DeFi) landscape. This funding was spread across three investment rounds, featuring contributions from an impressive roster of participants including Lightspeed Faction, Borderless Capital, Wormhole Cross-Chain Ecosystem Fund (operated by Borderless Capital), Bankless Ventures, Wave Digital, Blockchain.com, Blockchain Founders Fund, Kronos Ventures, XTBO Humla, Cadenza, Psalion Ventures, AlphaLab Capital, Side Door Ventures, and MH Ventures, and others.

Canada Nickel Looking To Build Largest Nickel Procesing Plant In North America

By Annie Baker ● Feb 10, 2024

Nickel mining company Canada Nickel is planning to develop a nickel processing plant in Ontario, which would cost about $1 billion. This plant would be the largest in North American once it is done.

Why Bounteous And Accolite Are Merging

By Amit Chowdhry ● Feb 10, 2024

Bounteous (a digital innovation partner of the world's most ambitious brands) and Accolite Digital (a leading digital engineering, cloud, data & AI services provider) announced a merger, creating a new end-to-end digital transformation services consultancy that partners with leading brands around the globe to co-innovate and drive exceptional client outcomes.

Rockwell Automation Reveals New Open Process Automation Offerings

By Amit Chowdhry ● Feb 10, 2024

Rockwell Automation (the world's largest company dedicated to industrial automation and digital transformation) has announced significant new offerings supporting Open Process Automation. And the innovations include PlantPAx’s control platform, Embedded Edge Compute Module, FactoryTalk Optix, and FactoryTalk DataMosaix.

AI.Fashion: AI-Based Fashion Industry Platform Company Raises $3.6 Million

By Amit Chowdhry ● Feb 10, 2024

AI.Fashion - a Y Combinator-backed leader in AI technology for the fashion industry - announced the early access launch of its latest innovation Persona by AI.Fashion, which comes shortly after raising a $3.6 million seed round led by Neo. And the addition of Persona to the AI.Fashion platform opens up new revenue streams for models by enabling them to book more work virtually and democratizing access to opportunities in the industry.

NewEdge Wealth Opens Atlanta Office With Hires From JPMorgan

By Amit Chowdhry ● Feb 9, 2024

NewEdge Wealth (a registered investment adviser specializing in servicing the needs of ultra high net worth families, family offices, and institutional clients) announced that it opened an Atlanta office with Roland Pritchett and Andrew Noble. Pritchett and Noble (formerly of The Pritchett Group at J.P. Morgan Wealth Management) join NewEdge Wealth along with an experienced client service associate. And Pritchett was named the Managing Director of the Atlanta office.

EssentialDx: How This Company Empowers Leaders Drive Performance And Attract Top Talent

By Amit Chowdhry ● Feb 9, 2024

EssentialDx is a company that exists to empower leaders during critical inflection points, helping them drive performance, foster resilient and adaptive cultures, and attract, engage, and retain top talent. Pulse 2.0 interviewed EssentialDx President Henry Nothhaft, Jr. to learn more about the company.

Rockefeller Global Hires $1.3 Billion Team From Morgan Stanley

By Amit Chowdhry ● Feb 9, 2024

Rockefeller Global Family Office (the wealth management division of Rockefeller Capital Management) announced the addition of Variant Path Group, a respected 10-person team based in Charlotte, NC.

10Beauty: Autonomous Manicure Company Raises $38 Million

By Annie Baker ● Feb 9, 2024

10Beauty (the creator of the first full salon-quality manicure machine) announced it will launch at the end of this year, having secured $38 million in equity financing including a newly closed $17 million extension to their Series A led by Shine Capital. Imaginary Ventures, Lerer Hippeau and Red Sea Ventures led their previous funding rounds.

Why Barclays Is Buying Tesco’s Retail Banking Business

By Amit Chowdhry ● Feb 9, 2024

Barclays announced that Barclays Bank UK PLC entered into an agreement to acquire the retail banking business of Tesco and enter into an exclusive long-term partnership to offer Tesco branded credit cards, personal loans and deposits. Tesco’s retail banking customer base is broadly similar to Barclays UK’s existing customers and will complement the current business, as well as build on the existing UK strategic partnerships with other leading retail, consumer electronics and loyalty program brands.

Beamer And Userflow Merge To Create A Product Team Growth Toolkit Giant

By Annie Baker ● Feb 9, 2024

As part of a strategic move that marks a significant milestone in the product management landscape, Beamer has announced a merger with Userflow. This partnership reinforces the companies' positions as leading providers of no-code product adoption and engagement platforms and expands their combined capabilities by offering a consolidated toolkit for leading product-led growth (PLG) teams worldwide. The combined company plans to be a major player in the Digital Adoption Platform space.

Encore Consumer Capital Closes $258 Million In Commitments

By Amit Chowdhry ● Feb 9, 2024

Encore Consumer Capital (a private equity investment firm focused on the consumer products industry) announced it has closed Encore Consumer Capital Fund IV, LP (Encore IV) and related vehicles with $258 million of commitments.

Incident IQ Raises Strategic Investment From Cove Hill Partners

By Noah Long ● Feb 9, 2024

Incident IQ (a leading workflow management platform for K-12 school districts) announced that Cove Hill Partners will join JMI Equity and the Incident IQ founders and management team as strategic investment partners in the Incident IQ business. ANd Incident IQ will continue to be led by Chief Executive Officer, R.T. Collins and the rest of the current management team.

Carlyle To Sell Jagex To CVC And Haveli

By Amit Chowdhry ● Feb 9, 2024

Global investment firm Carlyle and CVC (a leading global private markets manager) announced that CVC Capital Partners Fund VIII and Haveli Investments have agreed on the acquisition of Jagex, a leading developer and publisher of video games.

Nasdaq Private Market Raises $62.4 Million To Provide Liquidity Solutions To Private Companies

By Amit Chowdhry ● Feb 9, 2024

Nasdaq Private Market (NPM) - a leading provider of liquidity solutions to private companies, their employees, and investors - announced that it has closed its Series B financing. Nasdaq led this $62.4 million round with participation from current investors, including Allen & Company, Citi, and Goldman Sachs. And new investors in Series B include BNP Paribas, DRW Venture Capital, UBS, and Wells Fargo.

Why Premier Radiology Services Is Buying NationalRad

By Annie Baker ● Feb 9, 2024

Premier Radiology Services announced the acquisition of Specialists in Diagnostic Imaging, a leading provider of subspecialty teleradiology services. The financial terms of the transaction were not disclosed.