Archives

Applied Intuition Secures $125 Million

By Noah Long ● Oct 29, 2020

Applied Intuition announced it has raised $125 million in Series C funding from Lux Capital, Andreessen Horowitz, and General Catalyst. These are the details.

Vimeo Launches Free Video Messaging Tool

By Annie Baker ● Oct 29, 2020

Vimeo -- one of the leading professional video platform and community -- has launched Vimeo Record, a free video messaging tool for users to record their screen from their browser, share video messages, and exchange comments.

Why Callaway Golf Co (ELY) Is Buying Topgolf For Nearly $2 Billion

By Amit Chowdhry ● Oct 29, 2020

Golf equipment company Callaway Golf Co (NYSE: ELY) announced this week that it is merging with Topgolf in a deal valued at nearly $2 billion. These are the details.

Qualtrics Founder Ryan Smith Buying Majority Interest Of The Utah Jazz

By Amit Chowdhry ● Oct 29, 2020

Gail Miller -- the owner and chair of the Larry H. Miller Group of Companies (LHM Group) and the Miller family -- announced a definitive agreement to sell a majority interest in the Utah Jazz and other sports and entertainment properties to Qualtrics co-founder and technology entrepreneur Ryan Smith.

On-Prem Software Delivery Company Replicated Raises $25 Million

By Annie Baker ● Oct 29, 2020

Replicated -- a company that enables software vendors to ship an on-prem, air-gapped, or self-hosted version of their software with Day 2 enterprise operations management -- announced it closed a Series B funding round totaling $25 million.

Process Discovery And Operational Intelligence Company Skan Raises $14 Million

By Annie Baker ● Oct 28, 2020

AI-enabled Process Discovery and Operational Intelligence company Skan announced it has raised $14 million in Series A funding. These are the details.

Compliance And Security Company Theta Lake Raises $12.7 Million

By Dan Anderson ● Oct 28, 2020

Theta Lake -- a leader in modern collaboration security and compliance solutions -- announced that it has raised $12.7 million in Series A funding. These are the details.

Restaurant Technology Service Provider Ordermark Closes $120 Million

By Amit Chowdhry ● Oct 28, 2020

Ordermark -- a leading provider of online ordering management solutions for restaurants and virtual restaurant concepts -- announced it has closed $120 million in Series C funding led by Softbank Vision Fund 2.

Digital Market Intelligence Company SimilarWeb Raises $120 Million

By Amit Chowdhry ● Oct 28, 2020

SimilarWeb -- one of the world’s leading digital market intelligence companies -- announced it has raised $120 million in funding. These are the details.

Eightfold AI: $125 Million In Funding And $1 Billion Valuation

By Amit Chowdhry ● Oct 27, 2020

Eightfold AI announced that it has raised $125 million in Series D funding. These are the details.

Cloud Video Surveillance Company Eagle Eye Networks Raises $40 Million

By Amit Chowdhry ● Oct 27, 2020

Eagle Eye Networks -- the global leader in cloud video surveillance -- has raised $40 million of Series E funding from Accel.

Facebook To Launch A Website Builder And Free Cloud Gaming Service

By Annie Baker ● Oct 27, 2020

Facebook recently announced a new website building service and a free cloud gaming service. Here is an overview of how they will work.

Global Digital Trading Technology Company DriveWealth Raises $56.7 Million

By Noah Long ● Oct 27, 2020

DriveWealth -- a U.S.-based leader in global digital trading technology -- announced it has raised a $56.7 million Series C round of funding. These are the details.

MIT-Founded Venture Firm The Engine Raises $230 Million With Harvard As A Limited Partner

By Amit Chowdhry ● Oct 27, 2020

The Engine -- which is a venture firm founded by MIT in 2016 -- announced it has raised $230 million for the second round of funding. These are the details.

Intelligent Visual Assistance Company TechSee Raises $30 Million

By Annie Baker ● Oct 27, 2020

Intelligent Visual Assistance leader TechSee announced it has raised $30 million in Series C funding. These are the details.

AMD And Xilinx (XLNX) Confirm $35 Billion Acquisition

By Amit Chowdhry ● Oct 27, 2020

Today AMD (NASDAQ: AMD) and Xilinx (NASDAQ: XLNX) have confirmed that they have entered into a definitive agreement for AMD to buy Xilinx in an all-stock transaction valued at $35 billion. These are the details.

Why Bayer Is Buying AskBio For $4 Billion (BAYRY)

By Amit Chowdhry ● Oct 27, 2020

Bayer AG (OTCMKTS: BAYRY) recently announced it is buying Asklepios BioPharmaceutical (AskBio). These are the details about the deal.

AIG Announces New CEO And Plan To Spin Off Retirement Operations

By Amit Chowdhry ● Oct 27, 2020

This week, American International Group Inc (NYSE: AIG) announced that its board approved of a plan to separate its life and retirement operations from the rest of the company. And AIG also announced it is naming President Peter Zaffino as CEO, effective next year.