Archives

Why Fastly (FSLY) Is Buying Signal Sciences For $775 Million

By Amit Chowdhry ● Aug 28, 2020

Edge cloud platform giant Fastly, Inc. (NYSE: FSLY) announced it entered into a definitive agreement to acquire Signal Sciences for about $775 million in cash and stock. These are the details about the deal.

Delivery Hero (DLVHF) To Buy InstaShop For $360 Million

By Dan Anderson ● Aug 28, 2020

Germany-based food ordering company Delivery Hero SE (OTCMKTS: DLVHF) announced that it has acquired Dubai-based grocery app company InstaShop for $360 million. These are the details.

Apple (AAPL) Could Sell 82 Million AirPods In 2020: Report

By Amit Chowdhry ● Aug 27, 2020

According to a report by Counterpoint Research via Bloomberg, Apple could potentially sell 82 million AirPods this year.

Feature Delivery Platform Company Split Closes $33 Million

By Annie Baker ● Aug 27, 2020

Leading feature delivery platform Split announced that it has raised $33 million in Series C funding.

Redis Labs: $100 Million Series F Funding And Valuation Of Over $1 Billion

By Amit Chowdhry ● Aug 27, 2020

Redis Labs, the company behind the Redis open-source database and the Redis Enterprise provider, announced that it raised $100 million in Series F funding at a valuation of more than $1 billion.

Digital Workspace Company MURAL Raises $118 Million

By Noah Long ● Aug 27, 2020

MURAL — a leading digital workspace for visual collaboration in the enterprise — announced that it has closed $118 million in Series B funding led by Insight Partners.

Taiwan Semiconductor (TSM) Signs Significant Partnerships With Marvell (MRVL) And Synopsys (SNPS)

By Amit Chowdhry ● Aug 27, 2020

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM) has announced major partnerships with Marvell (NASDAQ: MRVL) and Synopsys, Inc. (NASDAQ: SNPS). These are the details about the deals.

Why Cognizant Technology Solutions (CTSH) Is Buying Tin Roof Software

By Dan Anderson ● Aug 27, 2020

Cognizant Technology Solutions Corp (NASDAQ: CTSH) recently announced it has entered into an agreement to buy Tin Roof Software. These are the details.

Mental Health Care Benefits Provider Lyra Raises $110 Million

By Annie Baker ● Aug 26, 2020

Lyra Health — a leading provider of mental health care benefits for employers — announced that it has raised $110 million in Series D funding.

Ally Financial (ALLY) And Mastercard (MA) Partner On Point-Of-Sale Retail Financing

By Dan Anderson ● Aug 26, 2020

Ally Financial Inc (NYSE: ALLY) and Mastercard Inc (NYSE: MA) have announced a partnership where Ally Lending (the personal lending arm of Ally Bank) is working with Mastercard’s leading alternative financing platform for retailers called Vyze on point-of-sale retail financing.

Day Zero Identity Verification Company Socure Raises $35 Million

By Noah Long ● Aug 26, 2020

Day Zero identity verification leader Socure announced that it has raised $35 million in a new round led by Sorenson Ventures.

Cybersecurity And Intelligence Platform Company ReliaQuest Raises Over $300 Million

By Amit Chowdhry ● Aug 26, 2020

ReliaQuest — an advanced cybersecurity managed service and intelligence platform for global enterprises — announced recently that it raised over $300 million in growth financing.

Why Cisco Systems (CSCO) Is Buying BabbleLabs

By Amit Chowdhry ● Aug 26, 2020

Cisco Systems, Inc. (NASDAQ: CSCO) recently announced its intent to buy BabbleLabs' noise removal and speech enhancement technology. This is why.

Apple (AAPL) Has Acquired Virtual Reality Company Spaces: Report

By Dan Anderson ● Aug 26, 2020

Apple has reportedly purchased a virtual reality company called Spaces, according to a report by Protocol.

Why Palo Alto Networks (PANW) Is Buying The Crypsis Group For $265 Million

By Amit Chowdhry ● Aug 25, 2020

Global cybersecurity leader Palo Alto Networks (NYSE: PANW) recently announced that it entered into a definitive agreement to buy The Crypsis Group for a total purchase price of $265 million in cash. These are the details.

Facebook (FB) Launching New E-Commerce Features In Main App And Instagram

By Amit Chowdhry ● Aug 25, 2020

Today Facebook, Inc (NASDAQ: FB) announced it is launching several e-commerce features in its main app and Instagram.

Best Buy (BBY): Online Sales Increased 242% In Q2

By Dan Anderson ● Aug 25, 2020

Today Best Buy Co Inc (NYSE: BBY) reported its second-quarter sales growth. And one of the highlights from the earnings was the biggest quarterly increase in online sales for the company.

Kronos Bio Raises $155 Million In Private Financing

By Annie Baker ● Aug 25, 2020

Kronos Bio announced private financing of about $155 million of convertible notes with $148 million in funding received to date and the remaining $7 million to be funded by mid-September pursuant to binding commitments.

Why SugarCRM Is Buying Node

By Dan Anderson ● Aug 25, 2020

SugarCRM, an innovator of time-aware customer experience (CX), recently announced the acquisition of Node Inc. This is why.

Bose Names Lila Snyder As CEO

By Amit Chowdhry ● Aug 25, 2020

Audio equipment maker Bose announced it has named Lila Snyder as its CEO, effective on September 1.

One Drop: Nearly $100 Million Financing And Commitments From Bayer

By Dan Anderson ● Aug 25, 2020

OneDrop closes a $34.7 million Series C funding round led by Bayer along with $64 million in development fees and potential commercial milestone payments. These are the details.

KPMG And Appian (APPN) Are Launching Workplace Reentry Digital Toolkits

By Annie Baker ● Aug 25, 2020

As part of a strategic alliance, KPMG LLP (KPMG) and Appian (NASDAQ: APPN) announced the launch of the Workplace Reentry Digital Toolkit to assist companies in getting their employees back to their work locations in a measured way.

Handheld Medical Imaging Company Exo Raises $40 Million

By Amit Chowdhry ● Aug 25, 2020

Exo (pronounced “echo”) -- a pioneering health information and devices company -- announced that it closed a $40 million Series B+ funding round.

Enterprise AI And Machine Learning Platform Dataiku Closes $100 Million

By Annie Baker ● Aug 25, 2020

Dataiku -- a leading global Enterprise AI and machine learning platform -- announced a $100 million Series D investment round led by Stripes.

Clinical-Stage Biopharmaceutical Company Connect Biopharma Raises $115 Million

By Noah Long ● Aug 24, 2020

Connect Biopharma -- a clinical-stage biopharmaceutical company focused on identifying and developing potent and specific immune modulating molecules -- announced that it has raised $115 million in Series C funding.

Gores Metropoulos (GMHI): Luminar Going Public In $3.4 Billion Merger

By Amit Chowdhry ● Aug 24, 2020

Luminar -- a global leader in automotive lidar technology powering the introduction of highway autonomy -- announced that it entered into a definitive agreement to merge with Gores Metropoulos, a special purpose acquisition company (SPAC).

Why Smartsheet (SMAR) Is Buying Brandfolder For $155 Million

By Amit Chowdhry ● Aug 24, 2020

Smartsheet Inc (NYSE: SMAR) -- a company that provides a cloud-based platform that enables teams and organizations to plan, manage, and capture work -- announced that it is buying Brandfolder for $155 million. This is why.

Skokie-Based Azul3D Raises $12.5 Million

By Dan Anderson ● Aug 24, 2020

Skokie, Illinois-based 3D printing startup Azul3D announced that it raised $12.5 million in an oversubscribed seed round of funding.

Hancock Jaffe Laboratories: One Year Follow-Up Data On VenoValve Patients (HJLI, HJLIW)

By Dan Anderson ● Aug 23, 2020

Hancock Jaffe Laboratories (NASDAQ:HJLI) (NASDAQ: HJLIW), a developer of medical devices that restore cardiac and vascular health, revealed its one-year follow-up data on VenoValve patients.

Enterprise Intelligence Company Craft Raises $10 Million

By Amit Chowdhry ● Aug 23, 2020

Enterprise intelligence company Craft announced that it has raised $10 million in Series A funding to build a supply chain intelligence platform.