Archives

Quantum Loophole Raises Over $13 Million In Seed Funding

By Annie Baker ● Mar 6, 2021

Quantum Loophole — an innovative developer of first-of-its-kind Gigawatt-scale master plan data center cities — announced it has raised over $13 million in its initial round of seed funding. These are the details.

Instructional Content Platform Newsela Closes $100 Million

By Dan Anderson ● Mar 6, 2021

Newsela — a leading K-12 instructional content platform — announced recently that it has raised a $100 million Series D round of funding led by new investor Franklin Templeton.

Metabolic Health Company January AI Secures $21 Million

By Noah Long ● Mar 6, 2021

January AI — the first metabolic health company that accurately predicts users’ glycemic response to over 16 million foods in its proprietary atlas — announced that it has raised $8.8 million in a new round of funding

Smart Dog Technology Company Fi Raises $30 Million

By Annie Baker ● Mar 6, 2021

Smart dog technology company Fi recently announced that it has raised $30 million in Series B funding. These are the details.

Square (SQ) Buying Majority Stake Of TIDAL In $297 Million Deal

By Amit Chowdhry ● Mar 4, 2021

Square Inc (NYSE: SQ) announced that it entered into a definitive agreement to acquire a majority ownership stake in TIDAL as part of a $297 million deal. These are the details.

Why Okta Is Buying Auth0 For $6.5 Billion

By Amit Chowdhry ● Mar 4, 2021

Leading independent identity provider Okta, Inc. (NASDAQ:OKTA) recently announced it entered into a definitive agreement to buy Auth0 for $6.5 billion. These are the details about the deal.

Account-Based Marketing Platform Terminus Raises $90 Million

By Noah Long ● Mar 3, 2021

Terminus — a leading account-based marketing platform - announced it raised a $90 million Series C from Great Hill Partners. These are the details.

Instacart: $265 Million And $39 Billion Valuation

By Amit Chowdhry ● Mar 2, 2021

Grocery delivery company Instacart announced it has raised $265 million in funding at a valuation of $39 billion. These are the details.

Lightbank Closes $180 Million In Capital Commitments For Early-Stage Fund

By Amit Chowdhry ● Mar 2, 2021

Lightbank has closed a second early-stage venture capital fund called Lightbank II with $180 million in capital commitments. These are the details.

Klarna: $1 Billion Funding And $31 Billion Valuation

By Amit Chowdhry ● Mar 1, 2021

Leading global retail bank, payments, and shopping service Klarna announced today that it has raised $1 billion in an equity funding round at a post-money valuation of $31 billion.

Why Autodesk (ADSK) Is Buying Innovyze For $1 Billion

By Amit Chowdhry ● Feb 27, 2021

Autodesk, Inc. (NASDAQ: ADSK) recently announced it has signed a definitive agreement to buy Innovyze for $1 billion. These are the details.

U.S. Authorizes Johnson & Johnson (JNJ) Single-Dose COVID-19 Vaccine

By Amit Chowdhry ● Feb 27, 2021

Today the U.S. government officially authorized the Johnson & Johnson (NYSE:JNJ) single-dose COVID-19 vaccine. These are the details.

AMC Entertainment Approves Bonuses For Top Executives

By Amit Chowdhry ● Feb 27, 2021

AMC Entertainment Holdings Inc (NYSE: AMC) approved bonuses for its top executives and eligible employees. These are the details.

IT Platform Company Electric Raises $40 Million

By Amit Chowdhry ● Feb 27, 2021

Electric - a fully integrated IT platform that makes access to support and insight into IT infrastructure effortless - announced it has raised $40 million in Series C funding. These are the details.

Shippo: $45 Million Funding And $495 Million Valuation

By Amit Chowdhry ● Feb 27, 2021

Shippo - a company that removes shipping complexities for businesses and connects businesses to the best delivery options — announced it has raised $45 million in a new round of funding. These are the details.

Facebook (FB) To Spend At Least $1 Billion On News Content Over Next 3 Years

By Amit Chowdhry ● Feb 25, 2021

Facebook (NASDAQ:FB) is going to be spending at least $1 billion on licensing content from news publishers over the next 3 years. These are the details.

ICON (ICLR) To Buy PRA Health Sciences (PRAH) In $12 Billion Deal

By Amit Chowdhry ● Feb 25, 2021

ICON plc, (NASDAQ: ICLR) recently announced it entered into a definitive agreement to acquire PRA Health Sciences, Inc. (NASDAQ: PRAH) in a deal valued at $12 billion. These are the details.

Merck (MRK) To Buy Pandion Therapeutics (PAND) In $1.85 Billion Deal

By Amit Chowdhry ● Feb 25, 2021

Merck (NYSE: MRK) is buying Pandion Therapeutics, Inc. (Nasdaq: PAND) in a deal valued at $1.85 billion. These are the details.

Goldin Auctions Raises About $40 Million In Growth Capital

By Amit Chowdhry ● Feb 24, 2021

Goldin Auctions — a leading marketplace for collectibles and trading cards — recently announced it has raised about $40 million in growth financing from The Chernin Group.

Immune Monitoring Platform Ozette Raises $6 Million

By Dan Anderson ● Feb 23, 2021

Ozette — the creators of a cutting-edge AI-powered Immune Monitoring Platform — recently announced $6 million in seed financing led by Madrona Venture Group. These are the details.

Employment Verification Company Citadel ID Raises $3.5 Million

By Dan Anderson ● Feb 23, 2021

Employment verification company Citadel ID announced recently that it raised $3.5 million in funding. These are the details.

Recruiting Platform WizeHire Raises $7.5 Million

By Annie Baker ● Feb 23, 2021

WizeHire — a user-friendly hiring solution for small businesses — recently announced the closing of $7.5 million in Series A funding co-led by Amplo and Mercury.

Modern Health: $74 Million Series D Funding And $1.17 Billion Valuation

By Noah Long ● Feb 23, 2021

Modern Health — a mental health and wellness platform supporting over 220 enterprises globally — announced it has secured an additional $74 million in its Series D investment round led by Founders Fund. These are the details.

M&T Bank Corporation (MTB) To Buy People’s United Financial (PBCT) In $7.6 Billion Deal

By Amit Chowdhry ● Feb 22, 2021

M&T Bank Corporation (NYSE: MTB) announced it is acquiring People's United Financial, Inc. (NASDAQ: PBCT) in a deal valued at $7.6 billion. These are the details.

Why Stratasys (SSYS) Is Buying RPS

By Amit Chowdhry ● Feb 18, 2021

Stratasys Ltd. (NASDAQ: SSYS) — a leader in polymer 3D printing solutions — announced it acquired UK-based RP Support Ltd. (RPS), a provider of industrial stereolithography 3D printers and solutions. These are the details.

SpaceX: $850 Million Funding And About A $74 Billion Valuation

By Amit Chowdhry ● Feb 17, 2021

SpaceX has raised $850 million at a valuation of $74 billion, according to CNBC's sources. These are the details.

Progressive (PGR) To Acquire Protective Insurance (PTVCA) (PTVCB) For About $338 Million

By Amit Chowdhry ● Feb 16, 2021

The Progressive Corporation (NYSE: PGR) announced it is buying Protective Insurance Corporation (NASDAQ: PTVCA) (NASDAQ: PTVCB) for $338 million. These are the details.

Why Sensata Technologies (ST) Is Buying Xirgo Technologies For $400 Million

By Amit Chowdhry ● Feb 16, 2021

Sensata Technologies (NYSE: ST) recently announced the acquisition of leading telematics and data insight provider Xirgo Technologies for $400 million. These are the details.

Sustainable Lifestyle Brand Brightly Raises $1 Million For Scaling Shopping Platform

By Annie Baker ● Feb 16, 2021

Brightly — a female-founded startup combining content, community, and commerce to scale conscious consumerism founded in 2019 by Laura Alexander Wittig and Liza Moiseeva — recently announced it has raised $1.15 million to date.

Distributed Data And Code Sharing Platform Vendia Raises $15.5 Million

By Annie Baker ● Feb 16, 2021

Vendia — a serverless, distributed data and code sharing platform — announced a $15.5 million in Series A funding round and launched Vendia Share with a free tier for developers. These are the details.