Archives

Customer Education Platform Skilljar Raises $33 Million

By Amit Chowdhry ● Oct 7, 2020

Leading Customer Education Platform Skilljar announced it has raised $33 million in funding. These are the details.

Chamath Palihapitiya Is Taking Clover Health Public In $3.7 Billion Deal (IPOC)

By Amit Chowdhry ● Oct 7, 2020

Billionaire venture capitalist Chamath Palihapitiya is preparing to take Clover Health public. These are the details.

Salesforce Ventures Announces Second $100 Million Impact Fund (CRM)

By Amit Chowdhry ● Oct 7, 2020

Salesforce (NYSE:CRM) has announced its second Impact Fund from Salesforce Ventures, which is a $100 million fund that will accelerate the growth of cloud companies addressing some of the largest needs.

Microsoft (MSFT) To Set Up $1 Billion Data Center Venture In Greece

By Annie Baker ● Oct 6, 2020

Microsoft Corporation (NASDAQ: MSFT) announced it is building 3 data center sites in the greater Athens area of Greece through a $1 billion investment.

Uber Freight: $500 Million Funding And $3.3 Billion Valuation

By Amit Chowdhry ● Oct 6, 2020

Uber Technologies announced it has raised $500 million from private equity firm Greenbriar Equity Group. These are the details.

Caterpillar (CAT) To Buy Weir Oil & Gas For $405 Million

By Amit Chowdhry ● Oct 6, 2020

Caterpillar Inc. (NYSE:CAT) has signed an agreement to buy the Oil & Gas Division (Weir Oil & Gas) of the Weir Group PLC.

Dental Care Service Tend Raises $37 Million Led By GV

By Amit Chowdhry ● Oct 6, 2020

Dental service company Tend announced it raised $37 million in a new round of funding led by GV.

Welltower (WELL) Names Shankh Mitra As CEO

By Amit Chowdhry ● Oct 6, 2020

Welltower Inc. (NYSE: WELL) has announced that it has named Shankh Mitra as Chief Executive Officer and he also joined the Board of Directors.

Icon Health & Fitness: $200 Million Funding And Reported Valuation Of Over $7 Billion

By Amit Chowdhry ● Oct 6, 2020

Icon Health & Fitness — a company that is known for developing exercise equipment and fitness software — has raised $200 million at a reported valuation of more than $7 billion.

NEC Buying Avaloq For $2.2 Billion

By Amit Chowdhry ● Oct 6, 2020

NEC Corporation (TSE: 6701) announced this week it is buying Switzerland-based banking software company Avaloq Group AG for 2.05 billion Swiss francs. These are the details.

How IBM Is Using AI At Scale To Benefit The Media Industry

By Amit Chowdhry ● Oct 6, 2020

IBM (NYSE: IBM) recently announced 3 new products to add to its growing suite of artificial intelligence solutions for brands and publishers. These are the details.

BlackBerry (BB) Launches New Partner Program And Mobile Threat Defense Solutions

By Dan Anderson ● Oct 6, 2020

BlackBerry has announced it launched a new global partner program and a new mobile threat defense solution. These are the details.

Why Bristol Myers Squibb (BMY) Is Buying MyoKardia (MYOK) For $13.1 Billion

By Amit Chowdhry ● Oct 5, 2020

Bristol Myers Squibb (NYSE: BMY) and MyoKardia, Inc. (Nasdaq: MYOK) have announced a definitive merger agreement under which Bristol Myers Squibb will buy MyoKardia for $13.1 billion.

Priority Software Receives Significant Growth Investment From TA Associates

By Noah Long ● Oct 5, 2020

Global growth private equity firm TA Associates announced it has completed a significant growth investment in Priority Software Ltd.

Why BlackLine (BL) Is Buying Rimilia For $150 Million

By Noah Long ● Oct 5, 2020

BlackLine, Inc. (Nasdaq: BL) — a leader in accounting automation software — announced that it has completed the acquisition of Rimilia. These are the details.

Bed Bath & Beyond (BBBY) Partners With Shipt For Same-Day Delivery

By Dan Anderson ● Oct 5, 2020

Leading delivery service and marketplace Shipt announced it is partnering with Bed Bath & Beyond Inc. (NASDAQ: BBBY) to offer same-day deliveries to customers.

Co-Watching Platform Scener Raises $2.1 Million

By Annie Baker ● Oct 5, 2020

Scener — a co-watching platform where creators engage audiences of up to a million in a virtual movie theater — announced $2.1 million in seed funding led by Seattle-based SeaChange.

Why Cisco Systems (CSCO) Is Buying Portshift

By Amit Chowdhry ● Oct 5, 2020

Cisco Systems, Inc. (NASDAQ: CSCO) recently announced a decision to buy Portshift. These are the details.

Nikola (NKLA): Steve Shindler Appointed To Board Of Directors

By Amit Chowdhry ● Oct 5, 2020

Nikola Corporation (NASDAQ: NKLA) recently announced that it appointed Steve Shindler as a new independent director.

Seismic: $92 Million And About A $1.6 Billion Valuation

By Dan Anderson ● Oct 5, 2020

Sales enablement and marketing orchestration platform provider Seismic announced it has raised $92 million in a Series F round of funding led by the Permira funds.

Modern Garden Center Company Bloomscape Raises $15 Million

By Amit Chowdhry ● Oct 5, 2020

Modern online garden center Bloomscape announced it has raised $15 million in a new round of funding led by General Catalyst.

VTEX: $225 Million And About $1.7 Billion Valuation

By Dan Anderson ● Oct 5, 2020

Integrated commerce-marketplace-OMS platform VTEX announced it raised $225 million in a Series D round of funding. With this funding round the company is now valued at about $1.7 billion.

All-In-One Digital Marketing Platform Sendinblue Raises $160 Million

By Amit Chowdhry ● Oct 5, 2020

Sendinblue — a leading all-in-one digital marketing platform — announced it has raised $160 million in a Series B funding. These are the details.

Secure Data Management Leader Fluree Raises $6.5 Million

By Annie Baker ● Oct 5, 2020

Fluree — a market leader in secure data management — announced it has closed a seed round of $6.5 million in venture capital led by 4490 Ventures.

Silversmith Capital Partners Raises $880 Million For Third Growth Equity Fund

By Amit Chowdhry ● Oct 5, 2020

Silversmith Capital Partners recently announced the first and final closing of its third fund called Silversmith Capital Partners III, L.P. (Fund III) at its target and hard cap of $880 million.

J.P. Morgan Asset Management Partners With SAP

By Amit Chowdhry ● Oct 5, 2020

J.P. Morgan Asset Management recently announced a new partnership with SAP (NYSE:SAP) through the Software Solution Partner Program.

Fractional Alternative Investing Company Rally Raises $27 Million

By Dan Anderson ● Oct 5, 2020

Rally — a creator of fractional alternative investing that enables anyone to invest in rare and one-of-a-kind collectibles for as little as $1 per share — has announced that it has raised a $17 million funding round that closed earlier this summer.

Photography Network Company Snappr Raises $10 Million

By Noah Long ● Oct 5, 2020

Photography network company Snappr has raised $10 million in Series A funding.

Why Pfizer (PFE) Is Investing $200 Million In CStone

By Annie Baker ● Oct 3, 2020

Pfizer Inc. (NYSE: PFE) subsidiaries and Cstone have announced a collaboration that involves a $200 million equity investment by Pfizer in CStone.

Why Caesars Entertainment (CZR) Is Buying William Hill (WMH) For £2.9 Billion

By Amit Chowdhry ● Oct 2, 2020

Caesars Entertainment, Inc. (NASDAQ: CZR) and William Hill PLC (LSE: WMH) announced that Caesars will acquire the entire issued and to be issued share capital of William Hill for approximately £2.9 billion.