Archives

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.

Novartis Acquiring Calypso: Details About The Deal

By Noah Long ● Jan 9, 2024

Calypso Biotech BV - a leader in developing Interleukin15 (IL-15) targeted therapies - recently announced that it has agreed to be acquired by Novartis AG. And Calypso’s shareholders will receive an upfront payment of $250 million upon closing and are eligible to receive development milestones of up to $175 million based on the achievement of certain predetermined milestones.

What Google Revealed At CES 2024

By Amit Chowdhry ● Jan 9, 2024

Google GM and VP Sameer Samat revealed several new updates the company made at the CES 2024 event. These are the details.

Knowbl: Providing Businesses With The Ability To Quickly Create Conversational AI Solutions

By Amit Chowdhry ● Jan 9, 2024

Knowbl is a company that provides every business the ability to quickly create conversational AI solutions that can be deployed across any digital user interface, including but not limited to search, chat, voice, and agent assist. Pulse 2.0 interviewed Knowbl co-founder and CEO Jay Wolcott to learn more about the company.

Second Dinner: Game Development Studio Company Raises $100 Million

By Amit Chowdhry ● Jan 9, 2024

Second Dinner - an award-winning game development studio behind the hit game MARVEL SNAP - recently announced a $100 million Series B investment led by industry titan Griffin Gaming Partners. This investment is Second Dinner’s latest step in the endless pursuit of making the world’s MOST FUN games.

TeachMe.To: How This Coach Connection Company Is Disrupting The $100 Billion Learning Market

By Amit Chowdhry ● Jan 9, 2024

TeachMe.To is a company that connects athletes with local coaches. Pulse 2.0 interviewed TeachMe.To CEO Nick O’Brien to learn more about the company.

SynMax: Maritime And Energy Intelligence Company Raises $13 Million

By Dan Anderson ● Jan 9, 2024

SynMax - a maritime and energy intelligence company - recently announced the successful closure of its latest investment round. The company raised $13 million at a $50 million pre-money valuation, led by renowned energy trader Bill Perkins. This round also saw participation from Alex Moore, co-founder of Palantir.

Allara: Improving The Lives Of Those With Chronic Conditions

By Amit Chowdhry ● Jan 9, 2024

Allara is a company that built the first collaborative care platform for women with chronic health conditions. Pulse 2.0 interviewed Allara founder and CEO Rachel Blank to learn more about the company.

WellBe Senior Medical: CVS Health Ventures Investment To Be Used For Nationwide Expansion

By Annie Baker ● Jan 9, 2024

WellBe Senior Medical - an in-home value-based care provider to the Medicare Advantage population - recently announced an investment from CVS Health Ventures (the corporate venture capital arm of CVS Health).

StoreConnect: An End-To-End Customer-Facing Solution For SMBs, Non-Profits, And Education

By Amit Chowdhry ● Jan 9, 2024

StoreConnect is a fully customized, fully integrated, and affordable commerce solution for SMBs, nonprofits, and educational organizations managed out of the Salesforce CRM. Pulse 2.0 interviewed StoreConnect founder and CEO Mikel Lindsaar to learn more about the company.

Health In Her HUE: $3 Million Raised To Connect Women Of Color To Sensitive Healthcare Providers

By Annie Baker ● Jan 9, 2024

Health In Her HUE - a premier digital health platform aimed at reducing racial health disparities for Black women and women of color through technology, media and community - recently announced that the company has raised a $3 million seed funding round to fuel its growth by investing in talent and building out new programs and products.

Deepcell Partners With NVIDIA To Utilize Generative AI In Single Cell Research

By Amit Chowdhry ● Jan 9, 2024

Deepcell - a pioneer in AI-powered single-cell analysis to fuel deep biological discoveries - recently announced a research collaboration with NVIDIA to accelerate the development and adoption of advanced computer vision solutions in life sciences. And Deepcell - which already uses the NVIDIA A4000 and NVIDIA AI technology - will incorporate NVIDIA AI into its single-cell analysis technology, working collaboratively with NVIDIA to codevelop new uses for generative AI and multimodal applications in cell biology.

Gallant Therapeutics: Animal Health Biotech Company Secures Over $15 Million

By Annie Baker ● Jan 9, 2024

Gallant Therapeutics - an animal health biotechnology company pioneering off-the-shelf stem cell therapies for pets - recently announced the successful completion of its Series A financing, securing over $15 million. The funding round - which was led by BOLD Capital and joined by new investors Digitalis Ventures and Hill Creek Partners - positions Gallant for a major phase of growth as they advance towards conditional FDA approval of their leading therapeutic candidate for Feline Chronic Gingivostomatitis (FCGS).

Casa Luigi: The Story Behind This Prosecco-Based Company

By Amit Chowdhry ● Jan 9, 2024

Casa Luigi is a company that offers premium Prosecco-based sparkling wine cocktails in a can. Pulse 2.0 interviewed Casa Luigi founder Claudia Farrokhnia to learn more about the company.

Why Ridgewood Infrastructure Is Buying Waste Resources Management

By Annie Baker ● Jan 9, 2024

Ridgewood Infrastructure LLC - a leading infrastructure investor in the U.S. - recently announced the acquisition of Waste Resources Management (WRM), which is a mission-critical provider of liquids and wastewater collection, treatment, and disposal serving the commercial and industrial market.

McAfee: Deepfake Audio Detection Technology Unveiled

By Annie Baker ● Jan 9, 2024

McAfee recently announced its AI-powered Deepfake Audio Detection technology (known as Project Mockingbird) at the Consumer Electronics Show. This new and proprietary technology was developed to help defend consumers against the surging threat of cybercriminals utilizing fabricated and AI-generated audio to carry out scams that rob people of money and personal information, enable cyberbullying, and manipulate the public image of prominent figures.

Twilio: Khozema Shipchandler Named As CEO

By Amit Chowdhry ● Jan 9, 2024

Twilio - the customer engagement platform that drives real-time and personalized experiences for today’s leading brands - announced that Khozema Shipchandler, formerly President of Twilio Communications, has been appointed Chief Executive Officer and will join the company’s Board of Directors, effective immediately. Shipchandler is succeeding Jeff Lawson, Twilio’s co-founder, who is stepping down as CEO and as a member of the Twilio Board. Jeff Epstein (a member of the Twilio Board and Lead Independent Director since 2017) has been appointed as Chair of the Twilio Board.

BigCommerce And Marketplacer Sign Strategic Partnership

By Annie Baker ● Jan 9, 2024

BigCommerce (a leading Open SaaS ecommerce platform for fast-growing and established B2C and B2B brands) and Marketplacer (a global technology platform that enables brands, retailers, suppliers, communities, and innovators to build and grow successful online marketplaces at scale) have announced a strategic partnership.

Trusaic: This Company Enables Pay Gap Monitoring In Over A $20 Billion Market

By Amit Chowdhry ● Jan 9, 2024

Trusaic is a company that believes regulations can be an opportunity to demonstrate transparency and integrity to employees and prospects, cultivate a fairer environment, and create a stronger enterprise. Pulse 2.0 interviewed Trusaic founder and CEO Robert Sheen to learn more about the company.

Sofy: How This No-Code Testing Company Is Radically Transforming An $8+ Billion Market

By Amit Chowdhry ● Jan 9, 2024

Sofy is a company that provides scriptless test automation platform for mobile apps, and users can run QA tests from CI/CD on real devices & complete testing in ten minutes. To learn more about the company, Pulse 2.0 interviewed Soft CEO and founder Syed Hamid.

Equally AI: How This No-Code Solution Helps Businesses Ensure ADA & WCAG Compliance

By Amit Chowdhry ● Jan 9, 2024

Equally AI has a goal of providing a simple and revolutionary automated compliance software designed to help businesses ensure ADA & WCAG compliance. Pulse 2.0 interviewed Equally AI co-founder and CEO Ran Ronen to learn more about the company.

Apple Vision Pro To Become Available On February 2

By Amit Chowdhry ● Jan 8, 2024

Today Apple announced Apple Vision Pro will be available beginning Friday, February 2, at all U.S. Apple Store locations and the U.S. Apple Store online. The Vision Pro seamlessly blends digital content with the physical world and unlocks powerful spatial experiences through visionOS and it is controlled by the natural and intuitive inputs: a user’s eyes, hands, and voice.

Revagenix: Funding Raised To Develop Novel Antibiotics

By Dan Anderson ● Jan 8, 2024

Revagenix - a biopharmaceutical company dedicated to the discovery and development of novel antibiotics - recently announced the appointment of Cristina Larkin, Bruce Montgomery, MD, and Michael Lamprecht, PhD, to its board of directors in connection with closing its Series B funding round from core investors Tenmile and Novo Holdings.