Archives

Resynergi: Plastic Recycling Technology Company Raises $6.4 Million

By Dan Anderson ● Jan 12, 2024

Resynergi - a pioneering leader in plastic recycling technology - recently announced it has raised $6.4 million in series B funding co-led by Transitions First (T1ST), an international industrial deep tech seed-stage venture capital fund, and Lummus Technology, a global provider of process technologies and value-driven energy solutions.

Chesapeake Energy And Southwestern Energy Merging In $7.4 Billion Deal: Details

By Annie Baker ● Jan 12, 2024

Chesapeake Energy and Southwestern Energy Company announced that they have agreed to merge in an all-stock deal valued at $7.4 billion, or $6.69 per share, based on Chesapeake's closing price on January 10, 2024. Under the terms of the agreement, Southwestern shareholders will receive 0.0867 shares of Chesapeake common stock for each share of Southwestern common stock outstanding at closing.

Why Intel Is Buying Silicon Mobility

By Annie Baker ● Jan 11, 2024

At CES, Intel announced plans to drive the company’s AI everywhere strategy into the automotive market, including a deal to buy Silicon Mobility - a fabless silicon and software company specializing in SoCs for intelligent electric vehicle (EV) energy management.

Via Scientific: Multi-Omics platform Company Secures $5 Million

By Annie Baker ● Jan 11, 2024

Via Scientific - the developer of Via Foundry, the multi-omics platform that enables pharmaceutical companies, bio-techs and academic researchers to go faster in discovering novel biological insights - recently announced the closing of $5 million in funding led by G20 Ventures and Innospark Ventures.

Why Accenture Is Buying Work & Co And Navisite

By Amit Chowdhry ● Jan 11, 2024

Accenture recently announced it is buying Work & Co and Navisite. These are the details about the deals.

PerformYard: Employee Performance Management Company Raises $95 Million

By Amit Chowdhry ● Jan 11, 2024

PerformYard - an emerging leader in employee performance management - recently announced the completion of a $95 million equity investment from Updata Partners.

Burro: Autonomous Mobility Company Closes $24 Million In Funding

By Amit Chowdhry ● Jan 11, 2024

Autonomous mobility company Burro recently announced it closed a $24 million Series B co-led by Catalyst Investors and Translink Capital and existing investors S2G Ventures, Toyota Ventures, F-Prime Capital, and Cibus Capital.

Why Cadence Is Buying Invecas

By Noah Long ● Jan 11, 2024

Cadence Design Systems recently announced that it has acquired Invecas - a leading provider of design engineering, embedded software, and system-level solutions, headquartered in Santa Clara, California. The deal adds a skilled system design engineering team to Cadence, with expertise in providing customers with custom solutions across chip design, product engineering, advanced packaging, and embedded software.

Rewst: MSP Automation Platform Company Closes $31 Million In Funding

By Amit Chowdhry ● Jan 11, 2024

Rewst - a purpose-built automation platform for Managed Service Providers (MSPs) - recently announced a $31 million Series B led by Meritech Capital, joining existing investors OpenView, TDF Ventures, and Florida Funders. This funding round will help accelerate Rewst's growth and the value delivered to MSPs through the expansion of its product, customer success, education, and Robotic Operations Center (ROC) teams.

anecdotes: Enterprise GRC Company Secures $25 Million

By Amit Chowdhry ● Jan 11, 2024

anecdotes - an innovative leader in enterprise GRC (Governance, Risk and Compliance) technology - recently announced that it has closed $25 million in a Series B round of funding, increasing the total capital raised to $55 million. Vertex and DTCP have joined as new investors, underscoring their belief in anecdotes' unique enterprise offering and the motion of global expansion.

ArenaX Labs: $6 Million Secured To Teach AI Through Play

By Annie Baker ● Jan 11, 2024

ArenaX Labs - a technology company that aims to teach the world about AI through the power of play - recently announced it raised $6 million in a funding round led by Framework Ventures, a venture capital firm focused on gaming and decentralized finance that co-led ArenaX's 2021 seed funding round. Additional investors in this round included SevenX Ventures, FunPlus / Xterio, and Moore Strategic Ventures.

ThayerMahan: Autonomous Maritime Surveillance Solutions Company Raises $20 Million

By Dan Anderson ● Jan 11, 2024

ThayerMahan - a leader in autonomous maritime surveillance solutions - recently announced it closed a $20 million follow-on Series C funding led by Hanwha Asset Management.

Nursa: This Company Offers A Hyper-Local Solution For Nurse Staffing Challenges

By Amit Chowdhry ● Jan 11, 2024

Nursa is a company that is reimagining the healthcare staffing industry by connecting clinicians and facilities directly to improve patient care. Pulse 2.0 interviewed Nursa founder and CEO Curtis Anderson to learn more about the company.

Ververica: How This Company Is Unlocking The Potential Of Data For Enterprises

By Amit Chowdhry ● Jan 11, 2024

Ververica (a company founded by the original creators of open-source Apache Flink) is focused on unlocking the immense potential of data for enterprises. Pulse 2.0 interviewed Ververica CEO Alexander Walden to learn more about the company.

Hungryroot: The Success Story Of This Rapidly Growing Online Grocery Service

By Amit Chowdhry ● Jan 11, 2024

Hungryroot is an online grocery service that makes healthy eating easy and personal. Pulse 2.0 interviewed Hungryroot and Every App founder and CEO Ben McKean to learn more about the company.

DataGPT: How This Conversational AI Data Analytics Company Is Set To Disrupt A $27+ Billion Market

By Amit Chowdhry ● Jan 11, 2024

DataGPT is a conversational AI data analytics software provider that provides analysis at the speed of business questions. Pulse 2.0 interviewed DataGPT CEO and co-founder Arina Curtis to learn more about the company.

Shimmer: $2.2 Million In Funding Raised To Help Adults With ADHD

By Amit Chowdhry ● Jan 11, 2024

Shimmer - an innovative online coaching platform designed for adults with ADHD - announced today it has raised $2.2 million in seed funding. The funding round was co-led by Worklife Ventures and SeedtoB Capital, with participation from Koa Labs, Aglaé Ventures, and Gaingels.

Tradeteq: How This Rapidly Growing Asset Seller Bridging Company Has Enabled $3+ Billion Worth Of Notes

By Amit Chowdhry ● Jan 10, 2024

Tradeteq’s trading venue enables banks and financial institutions to connect, interact, and transact. The company’s AI-driven credit scoring, advanced analytics, and investment management engine provide risk transparency and the ability to make informed decisions. Streamlined securitization tools reduce complexity and make trade finance investments efficient, liquid, and transparent. Pulse 2.0 interviewed Tradeteq founder and CEO Christoph Gugelmann to learn more about the company.

ExtraHop: Cloud-Native Network Detection And Response Company Raises $100 Million

By Amit Chowdhry ● Jan 10, 2024

ExtraHop - a leader in cloud-native network detection and response (NDR) - recently announced that it has secured $100 million in growth capital from existing investors in a deal expected to close in early 2024, subject to customary closing conditions. This news comes on the heels of ExtraHop’s strong year of performance as it ends 2023 with about $200 million in ARR – doubling over the last few years.

Why Zendesk Is Buying Klaus

By Annie Baker ● Jan 10, 2024

Zendesk recently announced it had signed a definitive agreement to acquire Klaus, the industry-leading AI-powered quality management platform. And AI is driving a rapid increase in customer interactions and radically transforming the world of customer service. Customer service teams are now being asked to increase their ROI by managing a rising volume of interactions while providing quality service and increasing their organization's efficiency.

HPE Buying Juniper Networks For About $14 Billion: Details

By Amit Chowdhry ● Jan 10, 2024

Hewlett Packard Enterprise and Juniper Networks (a leader in AI-native networks) announced that the companies have entered a definitive agreement under which HPE will buy Juniper in an all-cash transaction for $40 per share, representing an equity value of approximately $14 billion.

Impact Analytics: AI-Powered Planning And Merchandising Platform Company Secures $40 Million

By Annie Baker ● Jan 10, 2024

Impact Analytics - a provider of the industry’s most innovative retail, grocery, CPG, and supply chain-focused planning and merchandising software suite complete with fully integrated and built with native AI - recently announced it has closed $40 million in growth financing.

Lexington Partners: Massive $22.7 Billion Global Secondary Fund Raised

By Amit Chowdhry ● Jan 10, 2024

Lexington Partners - a leading manager of secondary acquisition funds - has announced the completion of fundraising for Lexington Capital Partners X, L.P. (LCP X) with $22.7 billion of total capital commitments.

AppDirect: $100 Million Raised From CDPQ For Capital Program

By Noah Long ● Jan 10, 2024

AppDirect - a leading B2B subscription commerce platform in North America - recently announced it has secured $100 million (about CAD 136 million) in funding from global investment group CDPQ.

Keepit: SaaS Backup And Recovery Company Secures $40 Million

By Amit Chowdhry ● Jan 10, 2024

Keepit announced HSBC Innovation Banking has provided a $40 million refinancing package in partnership with The Export and Investment Fund of Denmark (EIFO). And the new funding frees up capital for further investments in international expansion, hiring, business operations, and product development as Keepit continues to scale and build out its market-leading platform for SaaS data protection.

Xaba: $2 Million Secured To Build Self-Programming Robotic Systems For Manufacturing

By Annie Baker ● Jan 10, 2024

Xaba - a developer of the first AI-powered cognitive software solution to automate programming and deployment of robotics and CNC machines - recently announced it has raised $2 million in a seed extension round of funding to bring AI-driven fabrication processes and intelligent autonomous machines to market.

Kovrr: This Company Quantifies Cyber Risk On-Demand To Help Companies Make Intelligent Data-Driven Decisions

By Amit Chowdhry ● Jan 10, 2024

Kovrr is a company that financially quantifies cyber risk on demand. By utilizing Kovrr’s Cyber Risk Quantification Platform, CISOs, CROs, and boards can make more intelligent data-driven decisions about how to manage the companies' cyber risk (whether to accept, mitigate, or transfer the risk), prioritizing new technology investments and measuring the return on investment (ROI) in specific controls or programs. Pulse 2.0 interviewed Kovrr CEO Yakir Golan to learn more about the company.

Why GSK Is Buying Aiolos Bio In A $1.4 Billion Deal

By Amit Chowdhry ● Jan 9, 2024

GSK plc and Aiolos Bio announced that they have entered into an agreement under which GSK will buy Aiolos, a clinical-stage biopharmaceutical company focused on addressing the unmet treatment needs of patients with certain respiratory and inflammatory conditions, for a $1 billion upfront payment and up to $400 million in certain success-based regulatory milestone payments.

LivePerson: John Sabino Named As CEO

By Annie Baker ● Jan 9, 2024

LivePerson - a global leader in enterprise conversations - announced today that its Board of Directors has appointed John Sabino as CEO, effective January 10, 2024. Sabino will become a member of the LivePerson Board on that date.

Playsee: Connecting Millions Of Users Through Local Social Discovery

By Amit Chowdhry ● Jan 9, 2024

Playsee is a leading neighborhood-centric social media app that provides a platform for everyone in the community to have a voice and connect with others who share the same interests as they do in their local community. Pulse 2.0 interviewed Playsee Head of Brand and Strategy Veronica Lin to learn more about the company.