Archives

Athlete Social Platform Strava Closes $110 Million In Funding

By Noah Long ● Nov 17, 2020

Strava — a leading social platform for athletes — announced it raised $110 million in Series F funding led by TCV and Sequoia Capital.

Sales Readiness Company MindTickle Raises $100 Million In Round Led By SoftBank

By Amit Chowdhry ● Nov 17, 2020

MindTickle — a leader in Sales Readiness technology — announced it has raised $100 million in a combination of equity and debt financing led by Softbank Vision Fund 2.

STG Partners Closes STG VI With $2 Billion Of Committed Capital

By Annie Baker ● Nov 17, 2020

STG Partners — a leading private equity firm that focuses on investments in the software, data analytics, and technology services sector — announced the final closing of STG VI on $2 billion of committed capital.

Cardiological Care Company AliveCor Raises $65 Million

By Dan Anderson ● Nov 17, 2020

AliveCor — a leader in AI-based personal ECG technology and provider of enterprise cardiology solutions — announced it has raised $65 million in Series E funding.

IVP Hires Former Dropbox CFO Ajay Vashee As General Partner

By Amit Chowdhry ● Nov 16, 2020

Later-stage venture capital and growth equity firm IVP announced recently that it has hired Ajay Vashee as a General Partner.

PNC Acquiring U.S. Operations Of BBVA For $11.6 Billion

By Amit Chowdhry ● Nov 16, 2020

PNC Financial Services Group Inc (NYSE: PNC) is acquiring the U.S. operations of Spanish financial group Banco Bilbao Vizcaya Argentaria SA (NYSE: BBVA). These are the details.

Walmart (WMT) Selling Stake In Seiyu To KKR And Rakuten

By Amit Chowdhry ● Nov 16, 2020

Walmart Inc (NYSE: WMT) announced it is selling a majority stake in Japan-based supermarket chain Seiyu to KKR and Rakuten for ¥172.5 billion (about $1.6 billion). These are the details.

Home Depot (HD) Buying HD Supply (HDS) In $8 Billion Deal

By Amit Chowdhry ● Nov 16, 2020

Home Depot Inc (NYSE: HD) announced it will be retaking control of HD Supply Holdings Inc (NASDAQ: HDS) as part of an $8 billion deal. These are the details.

Genius Brands (GNUS) To Buy ChizComm

By Dan Anderson ● Nov 16, 2020

Global brand management company Genius Brands International Inc (NASDAQ: GNUS) announced it is buying ChizComm

Korean Air Lines Merging With Asiana Airlines In $1.6 Billion Deal

By Annie Baker ● Nov 16, 2020

Korean Air Lines Co Ltd (KRX: 003490) announced it is buying Asiana Airlines Inc (KRX: 020560) for 1.8 trillion won ($1.6 billion). These are the details.

Qualcomm (QCOM) Receives Permission To Sell 4G Chips To Huawei

By Dan Anderson ● Nov 16, 2020

Qualcomm, Inc. (NASDAQ: QCOM) received a license from the U.S. government to sell 4G mobile phone chips to China-based Huawei Technologies.

Nexi Acquires Nets For $9.2 Billion

By Dan Anderson ● Nov 16, 2020

Italian payments company Nexi SpA announced it is buying Nets A/S for $9.2 billion. These are the details.

Moderna Inc (MRNA) Reports Coronavirus Vaccine Is 94.5% Effective

By Amit Chowdhry ● Nov 16, 2020

Moderna Inc (NASDAQ: MRNA) is now the second company to report the preliminary results from a large trial in the testing of a coronavirus vaccine. And Moderna said that the vaccine was 94.5% effective.

Apple AirPods 3 And Mini-LED iPad Expected To Arrive In H1 2021: Report

By Noah Long ● Nov 15, 2020

Rumor has it that Apple Inc (NASDAQ: AAPL) will be launching the third-generation AirPods (AirPods 3) and an iPad with a mini-LED display in the first half of 2021. These are the details.

Why Infobip Is Buying OpenMarket From Amdocs (DOX) For About $300 Million

By Annie Baker ● Nov 15, 2020

Global cloud communications company Infobip recently announced it entered into a definitive agreement with Amdocs Inc. (NasdaqGS: DOX) to buy enterprise mobile messaging solutions company OpenMarket for a gross cash amount of approximately $300 million.

Appliance Repair Education Platform Nana Raises $6 Million

By Amit Chowdhry ● Nov 13, 2020

Nana — a company that runs a marketplace and online academy for appliance repair — announced it has raised $6 million in funding.

Healthcare Platform Company Solv Raises $27 Million

By Annie Baker ● Nov 13, 2020

Healthcare platform Solv announced it has raised $27 million in Series B+ funding led by Acrew Capital.

Menlo Security: $100 Million Funding And $800 Million Valuation

By Amit Chowdhry ● Nov 13, 2020

Cloud security company Menlo Security announced it has raised $100 million in Series E funding at a valuation of $800 million. These are the details.

Microsoft (MSFT) Hires Christopher Young As EVP Of Business Development

By Amit Chowdhry ● Nov 13, 2020

Microsoft Corporation (NASDAQ: MSFT) recently announced it named Christopher Young as executive vice president of business development.

Homeownership Platform Company Better.com Raises $200 Million

By Annie Baker ● Nov 13, 2020

Better.com — one of the fastest-growing homeownership platforms in the country — announced it has raised $200 million in Series D funding. These are the details.

Intrinsic Capital Raises $102 Million For Growth Equity Fund

By Amit Chowdhry ● Nov 13, 2020

Intrinsic Capital Partners announced the closing of Intrinsic Health Partners, L.P., a $102 million growth equity fund that invests in life science and technology businesses focused on the legal cannabis and hemp industries.

SentinelOne: $267 Million Funding And $3.1 Billion Valuation

By Amit Chowdhry ● Nov 13, 2020

Autonomous cybersecurity platform company SentinelOne announced it raised $267 million in Series F funding at a valuation of $3.1 billion.

IBM And AMD Partner To Advance Confidential Computing and AI

By Amit Chowdhry ● Nov 13, 2020

IBM (NYSE: IBM) and Advanced Micro Devices, Inc. (NASDAQ: AMD) have announced a multi-year joint development agreement to enhance and extend the security and AI offerings of both companies.

Barracuda Acquiring Fyde: Details About The Deal

By Annie Baker ● Nov 13, 2020

Barracuda — a leading provider of cloud-enabled security solutions — announced it has acquired Fyde. These are the details about the deal.

Why Palo Alto Networks (PANW) Is Buying Expanse For $800 Million

By Noah Long ● Nov 13, 2020

Global cybersecurity leader Palo Alto Networks recently announced that it entered into a definitive agreement to buy attack surface management company Expanse for $800 million. These are the details about the deal.

Directory-As-A-Service Company JumpCloud Raises $75 Million

By Annie Baker ● Nov 13, 2020

Directory-as-a-service company JumpCloud announced that it has raised $75 million in Series E funding led by BlackRock. These are the details.

Synopsys (SNPS) Buying Moortec: Details About The Deal

By Dan Anderson ● Nov 13, 2020

Synopsys, Inc. (NASDAQ: SNPS) recently announced that it has acquired Moortec. These are the details about the deal.

DoorDash Files For IPO

By Amit Chowdhry ● Nov 13, 2020

Food delivery company DoorDash has filed paperwork with the U.S. Securities and Exchange Commission (SEC) for an initial public offering today.

Nuro: $500 Million Funding And $5 Billion Valuation

By Amit Chowdhry ● Nov 13, 2020

Autonomous delivery company Nuro announced it has raised $500 million in funding. These are the details.

Why Adobe Is Buying Workfront For $1.5 Billion

By Amit Chowdhry ● Nov 13, 2020

Adobe (NASDAQ:ADBE) recently announced it entered into a definitive agreement to buy Workfront for $1.5 billion. These are the details about the deal.