Archives

Embedded Banking FinTech Company Wise Raises $12 Million

By Annie Baker ● Oct 31, 2020

Wise — a leading embedded banking FinTech company that offers business banking via partnerships — announced that it has raised $12 million in Series A funding. These are the details.

Why Intel (INTC) Is Buying SigOpt

By Amit Chowdhry ● Oct 31, 2020

Intel Corporation (NASDAQ: INTC) announced it is buying SigOpt. These are the details.

SRAX To Sell Remaining MD Ownership Stake For $8 Million

By Annie Baker ● Oct 30, 2020

Financial technology company SRAX announced that it sold the remaining interest in the SRAX MD asset for $8 million.

Under Armour To Sell MyFitnessPal For $345 Million And Shut Down Endomondo (UA) (UAA)

By Amit Chowdhry ● Oct 30, 2020

Sports equipment company Under Armour Inc (NYSE: UA) (NYSE: UAA) announced it is selling MyFitnessPal to Francisco Partners for $345 million. And the company is sunsetting the Endomondo platform.

PayPal Investing $50 Million In Black And Latinx-Led VC Funds

By Amit Chowdhry ● Oct 30, 2020

PayPal Holdings, Inc. (NASDAQ: PYPL) recently announced it is investing $50 million in eight early-stage Black and Latinx-led venture capital funds. These are the details.

Digital Mortgage Company Tomo Closes $40 Million In Funding

By Dan Anderson ● Oct 30, 2020

Fintech company Tomo Networks announced it has raised a seed round of $40 million led by Ribbit Capital, NFX, and Zigg Capital.

Business Insider Parent Company Acquires Controlling Stake In Morning Brew

By Amit Chowdhry ● Oct 30, 2020

Insider Inc. -- the parent company of Business Insider -- announced it is buying a controlling stake in digital media startup Morning Brew at a reported valuation of up to $75 million.

WHOOP: $100 Million Funding And $1.2 Billion Valuation

By Amit Chowdhry ● Oct 30, 2020

Personalized fitness tracking company WHOOP announced it has raised $100 million in Series E funding at a $1.2 billion valuation led by IVP. These are the details.

DoubleVerify Raises $350 Million In Funding Led By Tiger Global

By Noah Long ● Oct 30, 2020

DoubleVerify -- a leading software platform for digital media measurement and analytics -- announced an agreement for a $350 million investment from an investor group led by Tiger Global Management.

Personalized Business Intelligence Company MachEye Closes $4.6 Million

By Dan Anderson ● Oct 30, 2020

MachEye — a natural search and AI-powered analytics leader — announced it has unveiled its enterprise business intelligence (BI) SaaS platform and it raised $4.6 million in funding.

Modern Infrastructure As Code Platform Pulumi Secures $37.5 Million

By Annie Baker ● Oct 30, 2020

Cloud engineering company Pulumi announced it has raised $37.5 million in Series B funding led by NEA.

Mobile Games Company Scopely Raises $340 Million

By Noah Long ● Oct 29, 2020

Leading mobile games company Scopely announced it has raised $340 million in Series E funding. These are the details.

Marvell Technology (MRVL) Is Buying Inphi (IPHI) To Form $40 Billion Semiconductor Giant

By Amit Chowdhry ● Oct 29, 2020

Infrastructure semiconductor solutions leader Marvell Technology Group Ltd. (NASDAQ: MRVL) and high-speed data movement leader Inphi Corporation (NASDAQ: IPHI) announced a definitive agreement under which Marvell will buy Inphi in a cash and stock transaction. These are the details.

Real-Time Indexing Database Company Rockset Raises $40 Million

By Dan Anderson ● Oct 29, 2020

Real-time indexing database company Rockset announced it has raised $40 million in Series B funding. These are the details.

Applied Intuition Secures $125 Million

By Noah Long ● Oct 29, 2020

Applied Intuition announced it has raised $125 million in Series C funding from Lux Capital, Andreessen Horowitz, and General Catalyst. These are the details.

Vimeo Launches Free Video Messaging Tool

By Annie Baker ● Oct 29, 2020

Vimeo -- one of the leading professional video platform and community -- has launched Vimeo Record, a free video messaging tool for users to record their screen from their browser, share video messages, and exchange comments.

Why Callaway Golf Co (ELY) Is Buying Topgolf For Nearly $2 Billion

By Amit Chowdhry ● Oct 29, 2020

Golf equipment company Callaway Golf Co (NYSE: ELY) announced this week that it is merging with Topgolf in a deal valued at nearly $2 billion. These are the details.

Qualtrics Founder Ryan Smith Buying Majority Interest Of The Utah Jazz

By Amit Chowdhry ● Oct 29, 2020

Gail Miller -- the owner and chair of the Larry H. Miller Group of Companies (LHM Group) and the Miller family -- announced a definitive agreement to sell a majority interest in the Utah Jazz and other sports and entertainment properties to Qualtrics co-founder and technology entrepreneur Ryan Smith.