Archives

Why Progress (PRGS) Is Buying Chef For $220 Million In Cash

By Amit Chowdhry ● Sep 10, 2020

Progress recently announced it entered an agreement to buy Chef for $220 million in cash. This is why.

Collaborative SQL Editor PopSQL Raises $3.4 Million

By Dan Anderson ● Sep 10, 2020

PopSQL -- a collaborative SQL editor for teams -- announced that it has raised $3.4 million in seed funding led by Gradient Ventures.

Microsoft: Xbox Series S And Xbox Series X Launching On November 10

By Amit Chowdhry ● Sep 10, 2020

Microsoft has announced that the Xbox Series S and Xbox Series X will be launching on November 10. These are the details.

Why BMC Is Buying Alderstone

By Noah Long ● Sep 10, 2020

BMC -- a global leader in IT solutions for the Autonomous Digital Enterprise -- recently announced the signing of a definitive agreement to buy Alderstone

Byju’s: $500 Million Funding And Reported $10.8 Billion Valuation

By Amit Chowdhry ● Sep 10, 2020

Byju’s announced it has raised $500 million in a new round of funding. The valuation at this funding round was reportedly $10.8 billion.

B2B Payments Company Melio Closes $144 Million

By Amit Chowdhry ● Sep 10, 2020

B2B payments company Nekui announced it has raised $144 million. These are the details.

Motion Analysis App Company Mustard Raises $1.7 Million

By Amit Chowdhry ● Sep 9, 2020

Mustard -- the world's first elite-level motion analysis app for broad athletics coaching -- announced recently that it raised $1.7 million in funding.

Legal Entity Management Software Company Athennian Raises $10 Million CAD

By Amit Chowdhry ● Sep 9, 2020

Athennian, developers of the leading cloud-based legal entity management software, announced that it has raised $8 million in Series A funding.

SaaS Ventures Launches Second Fund And Raises $20 Million In First Close

By Amit Chowdhry ● Sep 9, 2020

SaaS Ventures has launched a second fund (Fund II), which held an initial closing with $20 million of commitments.

Brightspark: Third Closing Of Fund At $60 Million

By Amit Chowdhry ● Sep 9, 2020

Brightspark Capital announced the third close of its new Brightspark Canadian Opportunities Fund (BCOF) with commitments of $60 million towards an ultimate fund size of $75 million.

TikTok Parent Company ByteDance Acquires UIPay

By Amit Chowdhry ● Sep 9, 2020

ByteDance -- the parent company of TikTok -- has acquired third-party payment company UIPay. These are the details.

Brazilian Fintech Neon Raises $300 Million

By Amit Chowdhry ● Sep 9, 2020

Leading Brazilian fintech Neon Pagamentos recently announced that it raised $300 million in a Series C led by General Atlantic. These are the details.

Why Royal Biologics Is Acquiring FIBRINET

By Amit Chowdhry ● Sep 9, 2020

Royal Biologics — an ortho-biologics company specializing in the research and advancement of autologous and live cellular solutions — announced recently that is has acquired FIBRINET from Vertical Spine LLC.

Unacademy: $150 Million And $1.45 Billion Valuation

By Annie Baker ● Sep 9, 2020

India-based online learning company Unacademy recently announced it has raised $150 million in funding at a $1.45 billion valuation.

Why Dialpad Is Buying Video Conferencing Company Highfive

By Noah Long ● Sep 9, 2020

Dialpad — a cloud-native business communications platform company powered by Voice Intelligence — announced that it has acquired video conferencing company Highfive. These are the details.

BlackBerry (BB) Signs Notable Deal With StradVision

By Dan Anderson ● Sep 9, 2020

BlackBerry Ltd (NYSE: BB) (TSX:BB) recently announced StradVision will be utilizing the QNX Software Development Platform within a number of next-generation Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV) from South Korean automakers.

Samsung Signs $6.65 Billion Deal With Verizon For 5G Networks

By Annie Baker ● Sep 9, 2020

Samsung has signed a $6.65 billion network deal with Verizon. These are the details.

Why Salesforce.com (CRM) Is Buying Mobify

By Amit Chowdhry ● Sep 8, 2020

Salesforce.com, inc. (NYSE: CRM) has signed a definitive agreement to buy Mobify. These are the details.

Healthcare Technology Company PicnicHealth Raises $35 Million

By Noah Long ● Sep 8, 2020

PicnicHealth — a company that gives patients unprecedented access to their medical records and the ability to contribute to scientific research — announced that it raised $35 million in equity financing recently.

Climax Foods Secures $7.5 Million In Seed Funding

By Annie Baker ● Sep 8, 2020

Climax Foods, a data science company that is innovating the future of food, announced recently it has raised $7.5 million in seed funding to create a smarter and simpler way to make food by converting plants, with less processing.

Owl Ventures Closes $585 Million In New Funds

By Amit Chowdhry ● Sep 8, 2020

Owl Ventures -- the largest venture capital fund in education technology -- recently announced that it closed $585 million across two new funds.

How T-Mobile (TMUS) Is Helping Millions Of Underserved Student Households

By Dan Anderson ● Sep 8, 2020

T-Mobile Us Inc (NASDAQ: TMUS) recently announced it has launched Project 10Million, which is a $10.7 billion initiative aimed at delivering internet connectivity to millions of underserved student households at no cost to them.

Patreon: $90 Million Funding, $1.2 Billion Valuation, $2 Billion For Creators To Date

By Amit Chowdhry ● Sep 7, 2020

Patreon announced this week that it has raised $90 million in a round of funding at a valuation of $1.2 billion. And the company has paid out $2 billion for creators to date.

Why Infosys (INFY) Is Buying Kaleidoscope Innovation For Up To $42 Million

By Dan Anderson ● Sep 7, 2020

Next-generational digital services and consulting company Infosys (NYSE: INFY) recently announced a definitive agreement to acquire Kaleidoscope Innovation. These are the details.

Why Episerver Is Buying Optimizely

By Dan Anderson ● Sep 7, 2020

Digital experience platform company Episerver announced that it has entered into a definitive agreement to acquire Optimizely. These are the detail.

SAP Supervisory Board Appointing Sabine Bendiek As Executive Board Member

By Annie Baker ● Sep 6, 2020

SAP SE (NYSE: SAP) recently announced that Microsoft Germany Management Board Chairwoman Sabine Bendiek has been appointed to join the SAP Executive Board as chief people officer and labor director in early 2021.

Coca-Cola Co (KO) Reveals Key Leadership Changes

By Amit Chowdhry ● Sep 6, 2020

Coca-Cola Co (NYSE: KO) recently announced several major leadership changes. These are some of the changes that were revealed.

Tanium: Former Ford CEO Mark Fields Joins Board

By Amit Chowdhry ● Sep 5, 2020

Tanium -- the provider of unified endpoint management and security built for the world's most demanding IT environments -- announced that former Ford Motor Company chief executive officer Mark Fields has joined the board of Tanium as its lead independent director.

Humana (HUM) Signs Deal With Salesforce (CRM) For Personalized Healthcare Initiative

By Amit Chowdhry ● Sep 5, 2020

Global CRM leader Salesforce (NYSE: CRM) has announced a multi-year agreement with Humana Inc. (NYSE: HUM) — which is a leading health and well-being company to deliver personalized healthcare experiences for its members.

FedEx (FDX) Is Hiring 70,000 Workers For ‘Unprecedented’ Holiday Shipping Season

By Annie Baker ● Sep 5, 2020

FedEx Corporation (NYSE: FDX) is ramping up for the high demand for holiday shopping. And the company is planning to hire as many as 70,000 seasonal workers.