Archives

Why BlackLine (BL) Is Buying Rimilia For $150 Million

By Noah Long ● Oct 5, 2020

BlackLine, Inc. (Nasdaq: BL) — a leader in accounting automation software — announced that it has completed the acquisition of Rimilia. These are the details.

Bed Bath & Beyond (BBBY) Partners With Shipt For Same-Day Delivery

By Dan Anderson ● Oct 5, 2020

Leading delivery service and marketplace Shipt announced it is partnering with Bed Bath & Beyond Inc. (NASDAQ: BBBY) to offer same-day deliveries to customers.

Co-Watching Platform Scener Raises $2.1 Million

By Annie Baker ● Oct 5, 2020

Scener — a co-watching platform where creators engage audiences of up to a million in a virtual movie theater — announced $2.1 million in seed funding led by Seattle-based SeaChange.

Why Cisco Systems (CSCO) Is Buying Portshift

By Amit Chowdhry ● Oct 5, 2020

Cisco Systems, Inc. (NASDAQ: CSCO) recently announced a decision to buy Portshift. These are the details.

Nikola (NKLA): Steve Shindler Appointed To Board Of Directors

By Amit Chowdhry ● Oct 5, 2020

Nikola Corporation (NASDAQ: NKLA) recently announced that it appointed Steve Shindler as a new independent director.

Seismic: $92 Million And About A $1.6 Billion Valuation

By Dan Anderson ● Oct 5, 2020

Sales enablement and marketing orchestration platform provider Seismic announced it has raised $92 million in a Series F round of funding led by the Permira funds.

Modern Garden Center Company Bloomscape Raises $15 Million

By Amit Chowdhry ● Oct 5, 2020

Modern online garden center Bloomscape announced it has raised $15 million in a new round of funding led by General Catalyst.

VTEX: $225 Million And About $1.7 Billion Valuation

By Dan Anderson ● Oct 5, 2020

Integrated commerce-marketplace-OMS platform VTEX announced it raised $225 million in a Series D round of funding. With this funding round the company is now valued at about $1.7 billion.

All-In-One Digital Marketing Platform Sendinblue Raises $160 Million

By Amit Chowdhry ● Oct 5, 2020

Sendinblue — a leading all-in-one digital marketing platform — announced it has raised $160 million in a Series B funding. These are the details.

Secure Data Management Leader Fluree Raises $6.5 Million

By Annie Baker ● Oct 5, 2020

Fluree — a market leader in secure data management — announced it has closed a seed round of $6.5 million in venture capital led by 4490 Ventures.

Silversmith Capital Partners Raises $880 Million For Third Growth Equity Fund

By Amit Chowdhry ● Oct 5, 2020

Silversmith Capital Partners recently announced the first and final closing of its third fund called Silversmith Capital Partners III, L.P. (Fund III) at its target and hard cap of $880 million.

J.P. Morgan Asset Management Partners With SAP

By Amit Chowdhry ● Oct 5, 2020

J.P. Morgan Asset Management recently announced a new partnership with SAP (NYSE:SAP) through the Software Solution Partner Program.

Fractional Alternative Investing Company Rally Raises $27 Million

By Dan Anderson ● Oct 5, 2020

Rally — a creator of fractional alternative investing that enables anyone to invest in rare and one-of-a-kind collectibles for as little as $1 per share — has announced that it has raised a $17 million funding round that closed earlier this summer.

Photography Network Company Snappr Raises $10 Million

By Noah Long ● Oct 5, 2020

Photography network company Snappr has raised $10 million in Series A funding.

Why Pfizer (PFE) Is Investing $200 Million In CStone

By Annie Baker ● Oct 3, 2020

Pfizer Inc. (NYSE: PFE) subsidiaries and Cstone have announced a collaboration that involves a $200 million equity investment by Pfizer in CStone.

Why Caesars Entertainment (CZR) Is Buying William Hill (WMH) For £2.9 Billion

By Amit Chowdhry ● Oct 2, 2020

Caesars Entertainment, Inc. (NASDAQ: CZR) and William Hill PLC (LSE: WMH) announced that Caesars will acquire the entire issued and to be issued share capital of William Hill for approximately £2.9 billion.

Zynga (ZNGA) Closes The $180 Million Rollic Deal

By Amit Chowdhry ● Oct 2, 2020

Today Zynga Inc. (Nasdaq: ZNGA) closed its $180 million deal of Istanbul-based mobile games developer Rollic.

Why Apollo’s Covis Is Buying AMAG Pharmaceuticals In A $647 Million Deal

By Noah Long ● Oct 2, 2020

Covis announced this week that it is buying AMAG Pharmaceuticals (NASDAQ: AMAG) for $13.75 per share in cash, or approximately $498 million ($647 million on an enterprise basis).

Goldman Sachs Group (GS) Buying GM’s Credit Card Operations For $2.5 Billion, Says Report

By Amit Chowdhry ● Oct 2, 2020

Goldman Sachs Group Inc (NYSE: GS) has reportedly won the bid for the credit card business for General Motors Company (NYSE: GM) in a deal valued at $2.5 billion.

Warehouse Robotics Solutions Company Exotec Closes $90 Million

By Amit Chowdhry ● Oct 2, 2020

Exotec — a leading robotics solution for logistics and the creator of the Skypod 3D warehouse robots — announced that it has raised $90 million in funding.

Application Performance Company Pixie Labs Raises $9.15 Million And Emerges From Stealth

By Amit Chowdhry ● Oct 2, 2020

Pixie Labs announced it emerged from stealth with its first product called Pixie and it raised $9.15 million in Series A funding.

SAP To Buy Omnichannel Customer Engagement Company Emarsys

By Dan Anderson ● Oct 1, 2020

SAP SE (NYSE: SAP) has announced it has entered into an agreement to buy Emarsys. These are the details.

Why Arista Networks (ANET) Is Buying Awake Security

By Amit Chowdhry ● Oct 1, 2020

Arista Networks (NYSE:ANET) announced this week that it entered into a definitive agreement to buy Awake Security. These are the details.

Microsoft (MSFT) And Datadog (DDOG) Sign Strategic Partnership

By Amit Chowdhry ● Oct 1, 2020

Datadog, Inc. (NASDAQ: DDOG) announced this week that it signed a strategic partnership with Microsoft Corporation (NASDAQ: MSFT).

Educational Technology Company BEGiN (Known For HOMER) Raises $50 Million

By Dan Anderson ● Oct 1, 2020

BEGiN — the company known for its early learning program HOMER — announced that it has raised $50 million in a Series C funding round.

Data Science Scaling Company Coiled Raises $5 Million

By Noah Long ● Oct 1, 2020

Coiled — a modern solution for seamlessly scaling data science, machine learning, and AI in Python — announced that it has raised $5 million.

Online Back Office Platform Collective Raises $8.65 Million

By Dan Anderson ● Oct 1, 2020

Collective — an online back office platform designed for businesses-of-one — announced that it has raised $8.65 million in funding.

Walmart (WMT) Launching New Store Designs

By Dan Anderson ● Oct 1, 2020

Walmart Inc (NYSE: WMT) is deploying new store designs at 200 locations this fiscal year and 1,000 by next fiscal year.

McDonald’s (MCD) Hires Katie Beirne Fallon As Chief Global Impact Officer

By Annie Baker ● Oct 1, 2020

McDonald's Corp (NYSE: MCD) announced it has named Katie Beirne Fallon as its Chief Global Impact Officer.

Ford Motor Company (F): Operational And Leadership Changes Announced

By Amit Chowdhry ● Oct 1, 2020

Ford Motor Company (NYSE: F) announced changes in how it plans to streamline its global business by making changes in how the company is organized and operates. These are the details.