Archives

Self-Healing End-User Computing Company ControlUp Raises $27 Million

By Dan Anderson ● Nov 20, 2020

ControlUp — an industry-leading self-healing End-User Computing (EUC) solution — announced it has raised $27 million in Series C funding.

Computer Vision Company Chooch AI Raises $20 Million

By Noah Long ● Nov 20, 2020

Computer vision AI platform Chooch.ai announced it has raised a $20 million Series A round of funding. These are the details.

TripleLift Surpasses $1 Billion Dollar In Lifetime Ad Spend

By Amit Chowdhry ● Nov 20, 2020

TripleLift — a rapidly growing ad tech company — announced that it exceeded $1 billion in lifetime advertising spend through its platform.

Customer Data And Marketing Platform Klaviyo Closes $200 Million In Funding

By Dan Anderson ● Nov 20, 2020

Klaviyo — a customer data and marketing platform for online businesses — announced recently that it has raised $200 million in Series C funding led by Accel. These are the details.

5G Systems-On-A-Chip Company EdgeQ Raises $51 Million

By Annie Baker ● Nov 19, 2020

EdgeQ — a 5G systems-on-a-chip company — announced that it has raised $51 million in total funding and the company recently launched out of stealth.

Cato Networks: $130 Million Funding And Over $1 Billion Valuation

By Dan Anderson ● Nov 18, 2020

Cato Networks — a provider of the world’s first secure access service edge (SASE) market platform — announced its largest round of funding to date at $130 million. This funding round was at a valuation of over $1 billion.

Why Baidu (BIDU) Is Buying JOYY’s Domestic Live Streaming Business For About $3.6 Billion

By Dan Anderson ● Nov 18, 2020

Baidu, Inc. (NASDAQ: BIDU) — a leading search engine, knowledge and information centered Internet platform and AI company — announced it entered into a definitive agreement with JOYY to buy its domestic video-based entertainment live streaming business in China.

DataRobot: $270 Million Funding And Valuation At Over $2.7 Billion.

By Noah Long ● Nov 18, 2020

DataRobot — a leading enterprise AI platform — announced it has raised $270 million in a pre-IPO funding round led by Altimeter Capital.

Amazon Pharmacy: How It Works

By Amit Chowdhry ● Nov 18, 2020

Amazon.com, Inc. (NASDAQ: AMZN) announced an easy and convenient way to order prescription medicine online. This is how Amazon Pharmacy works.

Twitter Starts Rolling Out Stories-Like Feature Called Fleets To All Users

By Amit Chowdhry ● Nov 18, 2020

Twitter has started rolling out a Stories-like feature called Fleets to all of its users. These are the details.

Why Autodesk (ADSK) Is Buying Spacemaker For $240 Million

By Amit Chowdhry ● Nov 18, 2020

Autodesk, Inc. (NASDAQ: ADSK) recently announced it signed a definitive agreement to buy Spacemaker for $240 million net of cash. These are the details about the deal.

Airbnb IPO Filing Reveals How The Company Bounced Back During The Pandemic

By Amit Chowdhry ● Nov 18, 2020

Airbnb is going public on the Nasdaq under the ticker "ABNB." These are the details.

Costco To Pay Shareholders Dividend Of $10 Per Share

By Dan Anderson ● Nov 18, 2020

The board of directors at Costco Wholesale Corporation (NASDAQ: COST) announced this week that it is going to pay its shareholders a special dividend of $10 per share. These are the details.

Beyond Meat (BYND) Launching 2 New Burgers And A Pork Product

By Annie Baker ● Nov 18, 2020

Beyond Meat has announced two new burgers and a pork product specifically for the Chinese market. These are the details.

Mars To Buy KIND In A Deal Reportedly Valued At $5 Billion

By Amit Chowdhry ● Nov 17, 2020

Candy giant Mars is buying snacking leader company KIND in a deal reportedly valued at $5 billion. These are the details.

Athlete Social Platform Strava Closes $110 Million In Funding

By Noah Long ● Nov 17, 2020

Strava — a leading social platform for athletes — announced it raised $110 million in Series F funding led by TCV and Sequoia Capital.

Sales Readiness Company MindTickle Raises $100 Million In Round Led By SoftBank

By Amit Chowdhry ● Nov 17, 2020

MindTickle — a leader in Sales Readiness technology — announced it has raised $100 million in a combination of equity and debt financing led by Softbank Vision Fund 2.

STG Partners Closes STG VI With $2 Billion Of Committed Capital

By Annie Baker ● Nov 17, 2020

STG Partners — a leading private equity firm that focuses on investments in the software, data analytics, and technology services sector — announced the final closing of STG VI on $2 billion of committed capital.

Cardiological Care Company AliveCor Raises $65 Million

By Dan Anderson ● Nov 17, 2020

AliveCor — a leader in AI-based personal ECG technology and provider of enterprise cardiology solutions — announced it has raised $65 million in Series E funding.

IVP Hires Former Dropbox CFO Ajay Vashee As General Partner

By Amit Chowdhry ● Nov 16, 2020

Later-stage venture capital and growth equity firm IVP announced recently that it has hired Ajay Vashee as a General Partner.

PNC Acquiring U.S. Operations Of BBVA For $11.6 Billion

By Amit Chowdhry ● Nov 16, 2020

PNC Financial Services Group Inc (NYSE: PNC) is acquiring the U.S. operations of Spanish financial group Banco Bilbao Vizcaya Argentaria SA (NYSE: BBVA). These are the details.

Walmart (WMT) Selling Stake In Seiyu To KKR And Rakuten

By Amit Chowdhry ● Nov 16, 2020

Walmart Inc (NYSE: WMT) announced it is selling a majority stake in Japan-based supermarket chain Seiyu to KKR and Rakuten for ¥172.5 billion (about $1.6 billion). These are the details.

Home Depot (HD) Buying HD Supply (HDS) In $8 Billion Deal

By Amit Chowdhry ● Nov 16, 2020

Home Depot Inc (NYSE: HD) announced it will be retaking control of HD Supply Holdings Inc (NASDAQ: HDS) as part of an $8 billion deal. These are the details.

Genius Brands (GNUS) To Buy ChizComm

By Dan Anderson ● Nov 16, 2020

Global brand management company Genius Brands International Inc (NASDAQ: GNUS) announced it is buying ChizComm

Korean Air Lines Merging With Asiana Airlines In $1.6 Billion Deal

By Annie Baker ● Nov 16, 2020

Korean Air Lines Co Ltd (KRX: 003490) announced it is buying Asiana Airlines Inc (KRX: 020560) for 1.8 trillion won ($1.6 billion). These are the details.

Qualcomm (QCOM) Receives Permission To Sell 4G Chips To Huawei

By Dan Anderson ● Nov 16, 2020

Qualcomm, Inc. (NASDAQ: QCOM) received a license from the U.S. government to sell 4G mobile phone chips to China-based Huawei Technologies.

Nexi Acquires Nets For $9.2 Billion

By Dan Anderson ● Nov 16, 2020

Italian payments company Nexi SpA announced it is buying Nets A/S for $9.2 billion. These are the details.

Moderna Inc (MRNA) Reports Coronavirus Vaccine Is 94.5% Effective

By Amit Chowdhry ● Nov 16, 2020

Moderna Inc (NASDAQ: MRNA) is now the second company to report the preliminary results from a large trial in the testing of a coronavirus vaccine. And Moderna said that the vaccine was 94.5% effective.

Apple AirPods 3 And Mini-LED iPad Expected To Arrive In H1 2021: Report

By Noah Long ● Nov 15, 2020

Rumor has it that Apple Inc (NASDAQ: AAPL) will be launching the third-generation AirPods (AirPods 3) and an iPad with a mini-LED display in the first half of 2021. These are the details.

Why Infobip Is Buying OpenMarket From Amdocs (DOX) For About $300 Million

By Annie Baker ● Nov 15, 2020

Global cloud communications company Infobip recently announced it entered into a definitive agreement with Amdocs Inc. (NasdaqGS: DOX) to buy enterprise mobile messaging solutions company OpenMarket for a gross cash amount of approximately $300 million.