Archives

Autonomous Contact Center Company Replicant Closes $27 Million

By Dan Anderson ● Sep 16, 2020

Autonomous contact center company Replicant announced it has raised $27 million in Series A funding led by Norwest Venture Partners.

StackRox: $26.5 Million Funding And Over 240% Revenue Growth

By Dan Anderson ● Sep 16, 2020

StackRox — a leader in container and Kubernetes security — announced today that it has secured an additional $26.5 million in funding and hit over 240% revenue growth in the first half of the year.

Cybersecurity Company Panther Labs Secures $15 Million In Funding

By Annie Baker ● Sep 16, 2020

Panther Labs — a cybersecurity company founded by headed by Airbnb and AWS alumni — announced it has raised $15 million in Series A funding to accelerate the development of its open-source security platform.

Healthcare Quality Company Grand Rounds Raises $175 Million

By Annie Baker ● Sep 16, 2020

Grand Rounds — a leader in healthcare quality and clinical navigation — recently announced it has secured a $175 million round led by The Carlyle Group.

Dream Sports: $225 Million Funding At Reported Valuation Of Over $2.5 Billion

By Dan Anderson ● Sep 16, 2020

India-based Dream Sports — a company that runs a fantasy sports app called Dream11 — has raised $225 million in a new funding round.

Klarna: Massive $650 Million Funding And $10.65 Billion Valuation

By Amit Chowdhry ● Sep 15, 2020

Klarna — a leading global payment and shopping service — announced that it has raised $650 million in an equity funding round at a post-money valuation of $10.65 billion.

Microsoft (MSFT) And BP Sign Major Sustainability Partnership

By Amit Chowdhry ● Sep 15, 2020

Microsoft Corporation (NASDAQ: MSFT) And BP plc (NYSE: BP) announced that they have formed a strategic partnership to drive digital energy innovation and advance net-zero goals.

Walmart (WMT) And Zipline Partner To Launch Drone Delivery Service

By Amit Chowdhry ● Sep 14, 2020

Walmart Inc (NYSE: WMT) is teaming up with Zipline to launch a first-of-its-kind drone delivery operation in the U.S.

Why Infosys (INFY) Is Buying GuideVision

By Amit Chowdhry ● Sep 14, 2020

Infosys (NYSE: INFY) recently announced a definitive agreement to buy GuideVision, which is one of the largest ServiceNow Elite Partners in Europe

CenturyLink (CTL) Is Rebranding To Lumen

By Amit Chowdhry ● Sep 14, 2020

CenturyLink Inc (NYSE: CTL) announced today that it is rebranding to Lumen. These are the details.

Uber: $500 Million In Senior Notes Offering Priced

By Amit Chowdhry ● Sep 14, 2020

Today Uber Technologies, Inc. (NYSE: UBER) announced it priced a $500 million principal amount of 6.25% Senior Notes due 2028.

Airtable: $185 Million Funding And Reported $2.585 Billion Valuation

By Amit Chowdhry ● Sep 14, 2020

Cloud productivity company Airtable announced it has raised $185 million in a Series D funding round led by existing investor Thrive Capital.

MDLIVE Secures $50 Million Crossover Equity Investment From Sixth Street Growth

By Noah Long ● Sep 14, 2020

MDLIVE — one of the three largest and fastest-growing telehealth companies in the U.S. offering virtual healthcare services in all 50 states — announced it has closed a $50 million crossover equity investment from Sixth Street Growth.

Why GoDaddy Inc (GDDY) Is Buying SkyVerge

By Amit Chowdhry ● Sep 14, 2020

GoDaddy Inc (NYSE: GDDY) announced it has entered into a definitive agreement to buy SkyVerge. These are the details.

Merck (MRK) Buying Up To $4.5 Billion Equity Stake In Seattle Genetics (SGEN)

By Amit Chowdhry ● Sep 14, 2020

Merck & Co., Inc. (NYSE: MRK) is planning to buy an equity stake in Seattle Genetics, Inc. (NASDAQ: SGEN) valued at up to $4.5 billion.

IBM Partners With Nielsen (NLSN) Global Consumer Business To Expand Data Targeting Offerings For Marketers

By Dan Anderson ● Sep 14, 2020

IBM (NYSE: IBM) has announced the launch of Watson Advertising Weather Targeting — which is a new suite of triggers designed for marketers to help them make the connection between weather and product sales actionable at scale without the use of third-party cookies or identifiers.

Sirius XM (SIRI) Signs Major Extension Deal With General Motors (GM)

By Amit Chowdhry ● Sep 14, 2020

Sirius XM Holdings Inc (NASDAQ: SIRI) announced it signed an extension of its long-term agreement with General Motors Company (NYSE: GM) that will continue the relationship between the two companies into 2027.

Nikola (NKLA) Provides Comprehensive Response To Hindenburg Research Report

By Amit Chowdhry ● Sep 14, 2020

Nikola Corporation (NASDAQ: NKLA) has issued a comprehensive response to the Hindenburg Research report about its business practices.

RNA Therapeutics Company Korro Bio Raises $91.5 Million

By Dan Anderson ● Sep 14, 2020

RNA therapeutics company Korro Bio announced recently that it has raised $91.5 million in a Series A funding round.

Verizon (VZ) Buying Tracfone In A Deal Valued At Over $6 Billion

By Amit Chowdhry ● Sep 14, 2020

Verizon (NYSE: VZ) announced it entered into an agreement with America Movil to buy Tracfone in a deal valued at over $6 billion. These are the details.

Self-Funded Health Insurance Company Sana Benefits Secures $20.8 Million

By Annie Baker ● Sep 14, 2020

Sana Benefits — a provider of self-funded health insurance for small businesses — announced that it has closed $20.8 million in Series A funding led by Gigafund.

ViacomCBS (VIAC) Selling CNET For $500 Million To Red Ventures

By Amit Chowdhry ● Sep 14, 2020

Red Ventures confirmed today that it is buying CNET Media Group from ViacomCBS Inc. (NASDAQ:VIAC) for $500 million. These are the details.

Casma Therapeutics Raises $50 Million In Series B

By Noah Long ● Sep 14, 2020

Casma Therapeutics — a biotechnology company harnessing autophagy and the lysosome to design powerful new medicines — announced it has raised $50 million in Series B funding.

Oracle (ORCL) Wins Deal To Become TikTok’s U.S. Partner: UPDATE

By Amit Chowdhry ● Sep 13, 2020

ByteDance has reportedly picked Oracle Corporation (NYSE: ORCL) to be its U.S. technology partner for TikTok.

CONFIRMED: NVIDIA (NVDA) Is Buying ARM From SoftBank For $40 Billion

By Amit Chowdhry ● Sep 13, 2020

NVIDIA Corporation (NASDAQ: NVDA) has confirmed to Pulse 2.0 about a deal to buy British chipmaker Arm Holdings from SoftBank Group Corp (OTCMKTS: SFTBY) and the SoftBank Vision Fund in a deal valued at $40 billion.

Snyk: $200 Million Funding And Over $2.6 Billion Valuation

By Noah Long ● Sep 13, 2020

Developer-first security company Snyk announced it has raised $200 million led by Addition. These are the details.

AaDya Security: $2.7 Million Funding And Cybersecurity Platform Marzo4 Launch

By Amit Chowdhry ● Sep 13, 2020

AaDya Security, a Detroit-based cybersecurity platform company, announced recently it has closed $2.7 million in funding and launched an all-in-one cybersecurity platform called Marzo4.

Autonomous Demand Generation Company Metadata.io Raises $6.5 Million

By Amit Chowdhry ● Sep 13, 2020

Autonomous demand generation platform Metadata.io announced it raised $6.5 million in an oversubscribed Series A funding round led by Resolute Ventures.

Sprinklr: $200 Million And $2.7 Billion Valuation

By Amit Chowdhry ● Sep 13, 2020

Customer Experience Management (CXM) platform Sprinklr announced that it has raised $200 million at a $2.7 billion valuation from Hellman & Friedman (H&F) and secured an additional $150 million in convertible securities from Sixth Street Growth.

Delphi (DLPH) Secures Premium European OEM To Supply 800-Volt Inverters Of BEVs

By Dan Anderson ● Sep 13, 2020

Delphi Technologies PLC (NYSE: DLPH) — a global provider of automotive propulsion systems — announced recently that it achieved a major win with a premium European OEM to supply its 800-volt inverters for the OEM's next generation of battery electric vehicles (BEVs).