Archives

Tekion: $150 Million Funding And Over $1 Billion Valuation

By Annie Baker ● Oct 22, 2020

Tekion -- a cloud technology company and provider of SaaS retail operating platform (aka DMS), Automotive Retail Cloud -- announced it has raised $150 million in Series C funding.

RV Rental Company RVshare Raises Over $100 Million

By Amit Chowdhry ● Oct 22, 2020

RVshare, the first and largest peer-to-peer RV rental marketplace, announced it raised over $100 million in funding led by KKR.

eBay To Feature ‘Certified Refurbished’ Products

By Dan Anderson ● Oct 21, 2020

eBay Inc (NASDAQ: EBAY) announced it is launching a new destination to feature officially “Certified Refurbished” products, directly from a group of popular brands.

Impossible Foods Is Working On A Plant-Based Milk Prototype

By Annie Baker ● Oct 21, 2020

Impossible Foods — which is a company that is known for developing plant-based meat products — is now working on a milk product.

Retool: $50 Million Funding And $925 Million Valuation

By Amit Chowdhry ● Oct 21, 2020

Retool — a company that makes it easier to build internal tools through a low-code approach — announced it has raised $50 million in a round of funding at a $925 million valuation.

No-Code Tools Platform Unit21 Closes $13 Million

By Annie Baker ● Oct 21, 2020

Unit21 — a platform of no-code tools for risk and compliance teams — announced it has raised $13 million in funding led by A.Capital Ventures. These are the details.

Perch Raises $123.5 Million Led By Spark Capital

By Noah Long ● Oct 21, 2020

Perch — a technology-driven commerce company that buys and operates top Amazon Marketplace businesses with top products in their respective categories — announced it has raised $123.5 million in a new round of funding.

Etsy Partners With Klarna On ‘Buy Now, Pay Later’

By Amit Chowdhry ● Oct 21, 2020

Creative goods marketplace Etsy Inc (NASDAQ: ETSY) and Buy Now, Pay Later provider Klarna have partnered in a way that enables Etsy to offer a Buy Now, Pay Later solution.

Security Workflow Platform Sym Secures $9 Million

By Annie Baker ● Oct 21, 2020

Sym, a security workflow platform for engineers, announced it raised $9 million in a Series A funding round led by Amplify Partners.

Gaming And Entertainment Company VENN Raises $26 Million

By Dan Anderson ● Oct 21, 2020

Gaming and entertainment streaming company VENN announced it has closed $26 million in Series A funding.

Why Splunk (SPLK) Is Buying Plumbr And Rigor

By Amit Chowdhry ● Oct 21, 2020

Data-to-Everything Platform company Splunk Inc. (NASDAQ: SPLK) announced recently that it has acquired application performance monitoring company Plumbr and digital experience monitoring company Rigor.

Goldman Sachs Merchant Banking Division Commits $500 Million To Form Data Center Platform Global Compute

By Amit Chowdhry ● Oct 21, 2020

The Goldman Sachs Merchant Banking Division (GS MBC) announced it has partnered with a seasoned management team — which is led by long-time data center industry executive Scott Peterson in order to form Global Compute Infrastructure LP.

Pinterest (PINS): Salaam Coleman Smith Joins Board

By Amit Chowdhry ● Oct 21, 2020

Pinterest Inc (NYSE: PINS) has announced that it has appointed Salaam Coleman Smith to its board of directors, effective October 31, 2020. These are the details.

Pioneer Natural Resources (PXD) Buying Parsley Energy (PE) In $7.6 Billion Deal

By Amit Chowdhry ● Oct 20, 2020

Pioneer Natural Resources Co (NYSE: PXD) announced today that it entered into a definitive agreement under which Pioneer is going to acquire all of the outstanding shares of Parsley Energy, Inc. (NYSE:PE) in an all-stock transaction.

Leaf Group (LEAF): Brian Gephart Named Permanent CFO

By Annie Baker ● Oct 20, 2020

Today Leaf Group Ltd (NYSE: LEAF) announced that it appointed Brian Gephart as permanent chief financial officer, effective on October 16.

Hertz (HTZ): Alexandra Brooks Named Chief Accounting Officer

By Amit Chowdhry ● Oct 20, 2020

Hertz Global Holdings Inc (NYSE: HTZ) announced Alexandra Brooks has been appointed to senior vice president and chief accounting officer.

AP Payments As A Service Finexio Raises $23 Million

By Noah Long ● Oct 20, 2020

Finexio — a growing AP payments as a service platform — announced it has raised $23 million in funding led by Medalist Partners.

Resident Experience Company Alfred Raises $42 Million

By Annie Baker ● Oct 20, 2020

Alfred — a leading end-to-end resident experience company — announced it closed on about $42 million in Series C funding.

Whisper Raises $35 Million And Launches Learning Hearing Aid System

By Amit Chowdhry ● Oct 20, 2020

Whisper announced recently it has launched its flagship product the Whisper Hearing System and the company raised $35 million. These are the details.

T-Mobile Us (TMUS) Raising $4.75 Billion In Notes Offering

By Dan Anderson ● Oct 20, 2020

Wireless service company T-Mobile Us Inc (NASDAQ: TMUS) announced it is going to sell $4.75 billion aggregate amount of senior secured notes in four series

Microservices Orchestration Platform Temporal Closes $18.75 Million

By Annie Baker ● Oct 20, 2020

Temporal — a maker of an open-source, stateful, microservices orchestration platform — announced it has raised $18.75 million in Series A funding

Intel (INTC) To Sell Memory Chip Unit To SK hynix For $9 Billion

By Amit Chowdhry ● Oct 20, 2020

Intel Corporation (NASDAQ: INTC) announced it agreed to sell the NAND memory and storage operations to SK Hynix Inc (KRX: 000660) for $9 billion. These are the details.

Customer Engagement Platform Company Popmenu Closes $17 Million

By Noah Long ● Oct 20, 2020

Popmenu — an all-in-one digital marketing and ordering SaaS platform for restaurants — announced recently that it raised $17 million in Series B funding. These are the details.

Public Cloud Security Company Sonrai Security Raises $20 Million

By Dan Anderson ● Oct 20, 2020

Public cloud security leader Sonrai Security announced it has raised $20 million in Series B funding.

Software-Defined Management Automation Company Hyperscience Raises $80 Million

By Noah Long ● Oct 19, 2020

Hyperscience announced it has $80 million in Series D funding led by Tiger Global. These are the details.

Juniper Networks (JNPR) To Buy 128 Technology For $450 Million

By Dan Anderson ● Oct 19, 2020

Networking products company Juniper Networks, Inc. (NYSE: JNPR) announced it is going to acquire 128 Technology for $450 million in cash. These are the details.

AMC Entertainment To Reopen More Theaters In The US

By Annie Baker ● Oct 19, 2020

AMC announced it will be reopening more cinemas this week. These are the details.

ConocoPhillips (COP) To Buy Concho Resources (CXO) In $9.7 Billion Deal

By Amit Chowdhry ● Oct 19, 2020

ConocoPhillips (NYSE: COP) announced that it is buying Concho Resources Inc (NYSE: CXO) in an all-stock deal valued at $9.7 billion. These are the details.

Ares Management (ARES) To Buy Front Yard Residential (RESI) In A $2.4 Billion Deal

By Noah Long ● Oct 19, 2020

Ares Management Corporation (NYSE: ARES) announced a deal to buy Front Yard Residential Corporation (NYSE: RESI) for approximately $2.4 billion. These are the details.

Modern Product Protection Company Extend Raises $40 Million

By Annie Baker ● Oct 19, 2020

Extend — a leading provider of modern product protection — announced it raised a $40 million Series B round of funding led by Meritech Capital.