Archives

Personal Training Platform Tonal Raises $110 Million

By Amit Chowdhry ● Sep 20, 2020

Tonal — an advanced strength and personal training platform that combines proprietary digital weight, artificial intelligence, and coaching — announced $110 million in new capital.

Oracle (ORCL) And Walmart (WMT) Receive Tentative Government Approval For TikTok

By Amit Chowdhry ● Sep 20, 2020

Oracle (NYSE: ORCL) and Walmart (NYSE: WMT) will invest to acquire 20% of TikTok Global business as President Donald Trump offers tentative approval for an agreement.

Sony PlayStation 5: Pricing And Release

By Dan Anderson ● Sep 20, 2020

Sony Interactive Entertainment (SIE) recently announced the launch date and pricing information for the PlayStation 5. These are the details.

Cloud Collaboration Tool Company Air Raises $12 Million

By Annie Baker ● Sep 19, 2020

Cloud collaboration tool company Air announced it has raised $12 million in a Series A round of funding led by Tiger Global.

Cambridge Quantum Computing Launches Cloud-Based Quantum Random Number Generation

By Amit Chowdhry ● Sep 19, 2020

Cambridge Quantum Computing (CQC) has launched the first cloud-based Quantum Random Number Generation (QRNG) Service with integrated verification for the user.

Live Online Education Experience Company Outschool Raises $45 Million

By Dan Anderson ● Sep 19, 2020

Outschool recently announced it raised $45 million in additional funding to be used to accelerate hiring and product development for its K-12 education marketplace.

Credit Card Alternative Affirm Raises $500 Million

By Annie Baker ● Sep 18, 2020

Affirm — a flexible and transparent alternative to credit cards — announced it has raised a $500 million Series G round of funding.

Subscription Commerce Platform AppDirect Raises $185 Million

By Dan Anderson ● Sep 18, 2020

Leading subscription commerce platform AppDirect announced it raised $185 million from global institutional investor Caisse de dépôt et placement du Québec (CDPQ) and existing investors.

Multiplayer Gaming Party App Bunch Raises $20 Million

By Annie Baker ● Sep 18, 2020

Bunch — a party app for multiplayer games — announced that it has raised $20 million in Series A funding led by General Catalyst.

Cloud Security Company JupiterOne Raises $19 Million

By Noah Long ● Sep 18, 2020

Cloud security company JupiterOne announced it has raised $19 million in venture funding led by Bain Capital Ventures.

Middle-Mile Drone Delivery Volansi Closes $50 Million In Funding

By Dan Anderson ● Sep 18, 2020

Volansi — a leader in vertical take-off and landing (VTOL) middle-mile drone delivery services — announced recently that it closed $50 million in Series B funding.

Google Fiber Is Going To Start Offering 2 Gbps Internet This Year

By Amit Chowdhry ● Sep 17, 2020

This year, Google Fiber is going to double the maximum Internet speed it offers to customers from 1 Gbps to 2 Gbps. This plan will cost $100 per month.

Data Virtualization Company Varada Raises $12 Million

By Dan Anderson ● Sep 17, 2020

Big data query acceleration innovator Varada recently announced that it has raised a $12 million Series A round of funding.

Greylock Partners: $1 Billion Raised For Sixteenth Fund

By Amit Chowdhry ● Sep 17, 2020

Menlo Park, California-based venture capital firm Greylock Partners has raised $1 billion for its sixteenth fund.

Facebook Is Buying REI Headquarters In Bellevue, Washington For $368 Million (FB)

By Amit Chowdhry ● Sep 17, 2020

Recently, outdoor sporting goods company REI announced it was selling its headquarters in Bellevue, Washington. And Facebook is buying it for $368 million.

Goldman Sachs (GS) Names New EMEA And LatAm Investment Banking Heads

By Amit Chowdhry ● Sep 16, 2020

Recently, Goldman Sachs Group Inc (NYSE: GS) announced new heads for its EMEA and LatAm investment banking divisions. These are the details:

Fountain Names Sean Behr As Chief Executive Officer

By Dan Anderson ● Sep 16, 2020

High-volume talent acquisition platform Fountain announced it has appointed Sean Behr as Chief Executive Officer.

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.