Archives

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.

Trimble Announces Several Executive Changes

By Amit Chowdhry ● Oct 19, 2020

Trimble (NASDAQ: TRMB) recently announced several new executives. These are the details.

Why Stripe Is Buying Nigeria-Based Paystack

By Amit Chowdhry ● Oct 19, 2020

Online payments platform company Stripe recently announced it is buying Lagos, Nigeria-based Paystack. These are the details.

Ground Mobility Company LM Industries Raises $15 Million

By Dan Anderson ● Oct 18, 2020

Local Motors parent company LM Industries announced it has raised $15 million in funding from Mirai Creation Fund II. These are the details.

Uber Technologies To Invest $150 Million In SK Telecom: REPORT (SKM) (UBER)

By Dan Anderson ● Oct 18, 2020

Uber Technologies Inc (NYSE: UBER) is reportedly planning to invest $150 million into a joint venture with South Korea-based SK Telecom Co Ltd (NYSE: SKM) as part of a joint venture. These are the details.

Ray Dalio Committing $50 Million For Equal Healthcare And Education

By Amit Chowdhry ● Oct 18, 2020

Billionaire investor and Bridgewater Associates head Ray Dalio is funding a new center to address health justice.

DivcoWest Raises $2.25 Billion For Real Estate Investment Fund DivcoWest Fund VI

By Amit Chowdhry ● Oct 18, 2020

DivcoWest has announced the final closing of its latest value-add real estate investment fund DivcoWest Fund VI, which closed at about $2.25 billion in capital commitments.

Edtech Platform Fiveable Raises $2.3 Million

By Amit Chowdhry ● Oct 18, 2020

Fiveable — a company that is addressing both the challenges and opportunities within the changing education landscape has never been more top-of-mind for educators, investors, and tech leaders — announced it has raised $2.3 million in venture capital funding.

Therapy Company Coa Secures $3 Million

By Annie Baker ● Oct 18, 2020

Coa, an online emotional fitness studio for live classes and one-on-one therapy, announced it has raised $3 million in a seed round of funding.

Carsharing Platform Getaround Closes $140 Million

By Noah Long ● Oct 18, 2020

Getaround — a carsharing platform that empowers users to instantly access and drive cars nearby — announced that it has raised $140 million in Series E funding.

Automated Investing App Company M1 Finance Raises $45 Million

By Dan Anderson ● Oct 18, 2020

Finance Super App M1 Finance — a company that offers automated investing, borrowing, and banking products — announced it has raised $45 million in Series C funding.

AI-Powered Platform For Presales Vivun Raises $18 Million

By Dan Anderson ● Oct 17, 2020

Vivun, an AI-powered platform for Presales that is unleashing its strategic potential and creating a seamless interlock between sales and product, announced it has raised $18 million in Series A funding led by Accel.

First Citizens BancShares (FCNCA) And CIT Group Merging, Forming Group Of Over $100 Billion In Assets

By Dan Anderson ● Oct 16, 2020

First Citizens BancShares, Inc. (NASDAQ: FCNCA) and CIT Group Inc. (NYSE: CIT) jointly announced that they have entered into a definitive agreement under which the companies will combine in an all-stock merger of equals.

Why Huron (HURN) Is Buying Salesforce Industries Partner ForceIQ

By Noah Long ● Oct 16, 2020

Global professional services company Huron (NASDAQ: HURN) announced it entered an agreement to buy ForceIQ. These are the details.

Plenty Raises $140 Million In Round Led By SoftBank

By Dan Anderson ● Oct 16, 2020

Vertical-farming company Plenty Unlimited announced it has raised $140 million in a new round of funding led by SoftBank.

Amazon.com (AMZN): Third-Party Sellers Exceed $3.5 Billion In Sales During Prime Day

By Amit Chowdhry ● Oct 15, 2020

Amazon.com, Inc. (NASDAQ: AMZN) announced a few noteworthy figures about Prime Day 2020.

Why HealthStream (HSTM) Is Buying ShiftWizard For About $32 Million

By Dan Anderson ● Oct 15, 2020

HealthStream (Nasdaq: HSTM) recently announced it is buying ShiftWizard for $32 million. These are the details.

Spinnaker Commercialization Company Armory Raises $40 Million

By Annie Baker ● Oct 15, 2020

Armory — an enterprise software company commercializing the open source continuous delivery platform Spinnaker —announced it has raised $40 million in Series C funding led by B Capital.

True Ventures: $840 Million Closed For Two New Funds

By Amit Chowdhry ● Oct 14, 2020

True Ventures announced it has closed $840 million for two new funds. These are the details.

Lucid Motors Unveils New Details About Air Model Range

By Dan Anderson ● Oct 14, 2020

Lucid Motors — a company known for sustainable mobility with its advanced luxury electric vehicles — announced details about the full Lucid Air model range.

Computer Vision Provider Matroid Raises $20 Million

By Dan Anderson ● Oct 14, 2020

Matroid — a leading U.S. computer vision (CV) provider and leader in machine learning — announced it has raised $20 million in Series B.

Mark Zuckerberg And Priscilla Chan Donating $100 Million For Election Efforts

By Noah Long ● Oct 14, 2020

Facebook CEO and co-founder Mark Zuckerberg and his wife Priscilla Chan are donating $100 million for improving voting sites throughout the U.S.

BlackRock (BLK) Investing $118 Million In Electric Vehicle Company Arrival

By Annie Baker ● Oct 14, 2020

Fund management giant BlackRock, Inc. (NYSE: BLK) has invested $118 million in British electric vehicle company Arrival.

Kahoot Raises $215 Million From SoftBank

By Amit Chowdhry ● Oct 14, 2020

Kahoot! AS has announced it has completed a private placement to a subsidiary of SoftBank Group, raising approximately $215 million.

Code Risk Platform apiiro Raises $35 Million

By Amit Chowdhry ● Oct 14, 2020

apiiro — a Code Risk platform that enables organizations to accelerate application and infrastructure delivery — announced it has raised $35 million in funding.

Apple: Details About The iPhone 12 Devices And HomePod Mini

By Amit Chowdhry ● Oct 14, 2020

This week, Apple announced several new devices including 4 types of iPhone 12 devices and the HomePod Mini. Here is an overview of each one.

Disney (DIS) To Restructure Media And Entertainment Divisions

By Amit Chowdhry ● Oct 13, 2020

Walt Disney Co (NYSE: DIS) announced it is restructuring the media and entertainment divisions at the company to emphasize more on its streaming platforms.

Best Amazon Prime Day Deals For 2020

By Amit Chowdhry ● Oct 13, 2020

These are some of the best Amazon Prime Day deals for 2020.

Workhorse (WKHS) Secures $200 Million Financing

By Amit Chowdhry ● Oct 13, 2020

Workhorse Group (Nasdaq: WKHS) announced it has entered into a note purchase agreement under which it will sell $200 million aggregate principal amount of its 4% Senior Secured Convertible Notes due 2024 to two institutional lenders.