Archives

Leading API Security Company Salt Security Raises $20 Million

By Annie Baker ● Jun 19, 2020

Leading API security company Salt Security announced that it has raised $20 million in Series A funding.

Streamlit Raises $21 Million Co-Led By GGV Capital And Gradient Ventures

By Annie Baker ● Jun 19, 2020

Streamlit announced it has raised $21 million in Series A funding. These are the details.

Clockwise Closes $18 Million Led by Bain Capital Ventures

By Dan Anderson ● Jun 19, 2020

Smart calendar assistant company Clockwise announced it has raised $18 million in Series B.

Trusona Adds Four New Members To Company Advisory Board

By Noah Long ● Jun 19, 2020

Trusona, a pioneer in passwordless multi-factor authentication technology, announced recently that it made the strategic appointment of four new members to the company's advisory board.

FirstMark Capital Reveals New Funds With $650 Million In Capital

By Amit Chowdhry ● Jun 19, 2020

NYC-based venture capital firm FirstMark Capital recently revealed that it has closed two new funds with $650 million in capital.

Programmable Performance Bot Technology Company Zycada Exits Stealth With $19 Million

By Noah Long ● Jun 18, 2020

Zycada recently announced that it emerged from stealth and raised $19 million in total funding to date.

Factory Video Analytics Company Drishti Closes $25 Million In Funding

By Amit Chowdhry ● Jun 18, 2020

Factory video analytics company Drishti Technologies announced it raised $25 million in Series B funding. These are the details.

Syncari: $6.5 Million Funding And New Board Members

By Annie Baker ● Jun 18, 2020

Syncari announced it has raised $6.5 million in a seed round of funding led by SignalFire.

Why Demandbase Is Buying Engagio

By Dan Anderson ● Jun 18, 2020

Demandbase, a leader in Account-Based Marketing (ABM), announced the company had acquired Engagio. These are the details about the deal.

SAP Is Developing These Solutions For Tackling Supply Chain Challenges

By Amit Chowdhry ● Jun 18, 2020

SAP SE (NYSE: SAP) recently announced several new services to help companies improve supply chain and industry-specific processes.

Coupa Software Inc (COUP) Closes Gross Proceeds Of $1.38 Billion In Senior Notes Offering

By Dan Anderson ● Jun 18, 2020

Coupa Software Inc (NASDAQ: COUP) recently announced that it closed its offering of convertible senior notes due 2026 for gross proceeds of $1.38 billion.

Accenture (ACN): Sentelis Acquisition And $341 Million Commerce Department Contract

By Amit Chowdhry ● Jun 17, 2020

Accenture Plc (NYSE: ACN) has announced it has acquired Sentelis and Accenture Federal Services (AFS) unveiled it won a $341 million Department of Commerce contract.

Facebook Launches New Features For Portal

By Dan Anderson ● Jun 17, 2020

Facebook has announced that it has launched several new features for the Portal line of devices.

Target (TGT) Increasing Minimum Wage To $15 Per Hour For Employees

By Noah Long ● Jun 17, 2020

Target Corporation (NYSE: TGT) announced it is permanently raising its starting wage for its store, distribution, and headquarter employees to $15 an hour starting July 5.

SoftBank (SFTBY) Reportedly Selling Two-Thirds Of T-Mobile (TMUS) Stake For About $20 Billion

By Annie Baker ● Jun 17, 2020

SoftBank Group Corp (OTCMKTS: SFTBY) is reportedly planning to sell two-thirds of its T-Mobile Us Inc (NASDAQ: TMUS) stake in a deal valued at about $20 billion.

Biotechnology Company C4 Therapeutics Raises $170 Million

By Annie Baker ● Jun 17, 2020

C4 Therapeutics, a biotechnology company that focuses on a new class of small-molecule drugs that selectively destroy disease-causing proteins via degradation, announced it raised $170 million.

CVS Health Partners With DoorDash For Same-Day Grocery Delivery

By Noah Long ● Jun 17, 2020

CVS Health Corp (NYSE: CVS) announced it partnered with DoorDash for same-day delivery of groceries, food, and non-prescription items.

Tesla Inc (TSLA) Signs New Panasonic Deal For Battery Supplies

By Amit Chowdhry ● Jun 17, 2020

Tesla Inc (NASDAQ: TSLA) announced it signed a new three-year deal with Panasonic for the battery supply from the Gigafactory Nevada facility.

Why Square (SQ) Is Buying Verse

By Amit Chowdhry ● Jun 17, 2020

Financial services company Square Inc (NYSE: SQ) announced that it is buying Verse, which is a Spanish peer-to-peer payments app.

Mary Barra: Cruise Origin Ride-Hailing Services To Happen Quicker Than Most People Think (GM)

By Annie Baker ● Jun 17, 2020

General Motors Company (NYSE: GM) CEO Mary Barra said that the coronavirus pandemic has not slowed down the company’s plans in launching its autonomous and electric vehicles.

Walmart (WMT) Starts Testing Self-Checkout Only Store

By Amit Chowdhry ● Jun 16, 2020

Walmart Inc (NYSE: WMT) has decided to start testing out a shopping experience due to the global health crisis caused by the coronavirus pandemic.

iRobot Corporation (IRBT) Experiences Stronger-Than-Expected Orders

By Amit Chowdhry ● Jun 16, 2020

Consumer robot company iRobot Corporation (NASDAQ: IRBT) provided an update on its operations with stronger-than-expected orders.

How Honeywell (HON) Is Going To Advance Unmanned Aerial Systems And Urban Air Mobility Technologies

By Amit Chowdhry ● Jun 16, 2020

Honeywell International Inc. (NYSE: HON) announced recently that it formed a new business unit that is dedicated to the growing Unmanned Aerial Systems and Urban Air Mobility (UAM) industries.

Blackstone Group (BX) To Invest $337 Million In Medtronic For Future Diabetes Technologies

By Dan Anderson ● Jun 16, 2020

Blackstone Group Inc (NYSE: BX) announced it is investing $337 million in Medtronic plc (NYSE:MDT).

Why Coupa Software (COUP) Is Buying Treasury Management Company BELLIN Group

By Amit Chowdhry ● Jun 16, 2020

Business spend management giant Coupa Software Inc (NASDAQ: COUP) recently announced it is buying BELLIN Group. These are the details..

Goldman Sachs (GS): COVID-19 Federal Aid Commitment Increased By $250 Million

By Noah Long ● Jun 16, 2020

Goldman Sachs Group Inc (NYSE: GS) recently announced an additional $250 million has been committed to funding the federal aid program for helping companies that were negatively impacted by the COVID-19 pandemic.

Lockheed Martin (LMT) Names James Taiclet As President And CEO

By Annie Baker ● Jun 16, 2020

Lockheed Martin Corporation (NYSE: LMT) recently announced that James Taiclet is now the president and CEO of the company.

Universal Quantum Raises £3.6 Million

By Noah Long ● Jun 15, 2020

Universal Quantum, a disruptive player in the quantum computing space, announced it raised an oversubscribed £3.6 million seed round.

American Express (AXP) Receives Clearance For Processing Local Payments In China

By Amit Chowdhry ● Jun 15, 2020

American Express Company (NYSE: AXP) announced it is now the first foreign payment network to receive a clearing license in mainland China.

AgroFresh Solutions (AGFS): $150 Million Equity Investment Commitment From Paine Schwartz

By Dan Anderson ● Jun 15, 2020

AgroFresh Solutions Inc (NASDAQ: AGFS) announced it entered an agreement to sell $150 million of newly issued convertible preferred stock to an affiliate of Paine Schwartz Partners.