Archives

Quantum Atomics Commercialization Company ColdQuanta Raises $32 Million

By Annie Baker ● Nov 8, 2020

Quantum atomics company ColdQuanta announced it has raised $32 million in Series A funding with additional funding expected to close soon. These are the details.

Agile Email Creation Platform Stensul Raises $16 Million

By Noah Long ● Nov 5, 2020

stensul — the first agile email creation platform for the enterprise — announced it raised $16 million in Series B funding led by USVP.

General Dynamics (GD) Awarded $4.4 Billion DoD Enterprise Cloud Contract

By Dan Anderson ● Nov 4, 2020

General Dynamics Information Technology (GDIT) — a business unit of General Dynamics (NYSE: GD) — announced it was awarded the Defense Enterprise Office Solutions (DEOS) contract by the General Services Administration (GSA) in partnership with the Defense Department (DoD) at an estimated value of $4.4 billion

Petrichor Closes $410 Million In Capital Commitments

By Dan Anderson ● Nov 4, 2020

Petrichor Healthcare Capital Management, a private equity firm that is known for making structure investments in the healthcare sector, announced the final close of Petrichor Opportunities Fund I, LP with $410 million in capital commitments.

Why Coupa (COUP) Is Buying LLamasoft For About $1.5 Billion

By Amit Chowdhry ● Nov 3, 2020

Business Spend Management leader Coupa Software (NASDAQ: COUP) announced this week that it has acquired LLamasoft for about $1.5 billion. These are the details.

Why Stonepeak Is Buying Astound Broadband From TPG For $8.1 Billion

By Annie Baker ● Nov 3, 2020

Private equity firm Stonepeak Infrastructure Partners announced it has entered into a definitive agreement to acquire Astound Broadband, the sixth-largest U.S. cable operator in the United States.

Latin American Card Issuing Company Conductor Secures $150 Million

By Amit Chowdhry ● Nov 3, 2020

Conductor — a leading card issuing and banking-as-a-service software platform in Latin America — announced recently that it has raised $150 million in a round of funding led by Viking Global Investors.

Supply Chain Automation Company Apkudo Raises $14 Million

By Noah Long ● Nov 2, 2020

Apkudo — a leader in supply chain automation for connected devices — announced it raised $14 million in a Series B round of funding led by Harbert Growth Partners and MissionOG.

Why NerdWallet Is Buying Fundera

By Amit Chowdhry ● Nov 1, 2020

NerdWallet — a website and app that offers financial guidance to more than 160 million consumers every year — announced it has acquired Fundera. These are the details.

PwC And Palo Alto Networks (PANW) Expand Cybersecurity Defense Partnership

By Amit Chowdhry ● Nov 1, 2020

Global cybersecurity leader Palo Alto Networks (NYSE: PANW) and major professional services company PwC have announced an expanded partnership to deliver managed detection and response (MDR) services to joint customers

Tour Guide Service GetYourGuide Raises $133 Million

By Annie Baker ● Nov 1, 2020

GetYourGuide announced it has raised 114 million euros ($133 million). These are the details.

Tiffany To Be Acquired In $15.8 Billion Revised Sale Price By LVMH

By Amit Chowdhry ● Nov 1, 2020

LVMH Moët Hennessy Louis Vuitton SE and Tiffany & Co. (NYSE:TIF) recently announced that they have concluded an agreement modifying certain terms of their initial agreement to reflect a purchase price of $131.50 in cash.

Accel-KKR Closes Emerging Buyout Partners LP With $640 Million In Committed Capital

By Amit Chowdhry ● Nov 1, 2020

Technology-focused private equity firm Accel-KKR has announced the successful closing of Accel-KKR Emerging Buyout Partners LP with $640 million in committed capital.

Lowe’s Companies (LOW) To Hire 20,000 Associates And Pay $100 Million Bonus To Front-Line Workers

By Annie Baker ● Nov 1, 2020

Lowe's Companies, Inc. (NYSE: LOW) announced it will hire 20,000 associates across its distribution centers. And the company is committing another $100 million in discretionary bonuses to thank front-line hourly associates.

Nestle To Buy Freshly For Up To $1.5 Billion

By Amit Chowdhry ● Nov 1, 2020

Nestle (OTCMKTS: NSRGY) announced recently that it is buying Freshly for up to $1.5 billion. These are the details about the deal.

Confirmed: Inspire Brands To Buy Dunkin’ Brands (DNKN) For $11.3 Billion

By Amit Chowdhry ● Nov 1, 2020

Inspire Brands has confirmed it is buying Dunkin’ Brands Group, Inc. (NASDAQ: DNKN) — the owner of Dunkin’ and Baskin-Robbins — for $11.3 billion. These are the details.

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.