Archives

CVS Is Testing A Pilot Program For Self-Driving Vehicles For Delivering Prescriptions

By Noah Long ● Jun 4, 2020

CVS Health Corp (NYSE: CVS) is launching a program that would enable customers to receive their prescriptions from self-driving vehicles.

Delta To Extend Social Distancing Through September 30

By Dan Anderson ● Jun 4, 2020

Delta Air Lines, Inc. (NYSE: DAL) announced that it is going to extend social distancing precautions on its flights through September 30.

Palo Alto Networks (PANW) Unveils $1.75 Billion Offering Of Convertible Senior Notes Due 2025

By Amit Chowdhry ● Jun 4, 2020

Palo Alto Networks Inc (NYSE: PANW) has announced its intention to offer (subject to market conditions and other factors) $1.75 billion aggregate principal amount of convertible senior notes due 2025 in a private placement to qualified institutional buyers.

Why Hippo Is Buying Spinnaker Insurance Company

By Amit Chowdhry ● Jun 4, 2020

Hippo, a company that is transforming home insurance and ownership, announced that it entered into a definitive agreement to buy Spinnaker Insurance Company.

Realtor.com Appoints Rachel Morley As Chief Product Officer

By Annie Baker ● Jun 4, 2020

Realtor.com has announced that it has promoted Rachel Morley to Chief Product Officer. These are the details.

Axon Enterprise (AAXN) Names Adriane Brown To The Board Of Directors

By Amit Chowdhry ● Jun 4, 2020

Axon Enterprise Inc (NASDAQ: AAXN) — a global leader in connected public safety technologies — announced the addition of Adriane Brown to its board of directors.

Mobile Banking Company Varo Closes $241 Million In Funding

By Annie Baker ● Jun 4, 2020

Mobile banking company Varo Money announced it has raised $241 million in a Series D round of funding.

Startup Accelerator Team8 Launches A VC Arm

By Amit Chowdhry ● Jun 3, 2020

Israel-based startup accelerator Team8 announced it is launching a VC arm. These are the details.

All-In-One Banking App Lili Closes $10 Million In Funding

By Noah Long ● Jun 3, 2020

Lili, an all-in-one banking app that is designed for freelance workers, announced it raised a $10 million seed funding round.

Paperwork Automation Platform Anvil Raises $5 Million

By Amit Chowdhry ● Jun 3, 2020

Paperwork automation platform Anvil announced it has raised $5 million in Series A funding led by Google's AI-focused investment fund Gradient Ventures.

Intelligence Solution Watchful Raises $3 Million

By Noah Long ● Jun 3, 2020

Watchful, an intelligence solution that is focused on revealing your competitors' product strategy, announced it has raised $3 million.

MassMutual Ventures Announces Third $100 Million Fund

By Amit Chowdhry ● Jun 3, 2020

MassMutual Ventures (MMV) has announced today that it has launched a third $100 million venture capital fund.

SoftBank Is Launching A $100 Million Fund To Invest In People Of Color

By Amit Chowdhry ● Jun 3, 2020

SoftBank Group Corp announced today that it is launching a $100 million to invest in companies that are “led by founders and entrepreneurs of color” called "Opportunity Growth Fund."

Gojek: Facebook And PayPal Joins As Investors

By Amit Chowdhry ● Jun 3, 2020

Facebook and PayPal are now investors in Indonesia-based Gojek. These are the details about the funding news.

Hylan And Sitetracker Sign Partnership

By Amit Chowdhry ● Jun 3, 2020

Sitetracker — a company that manages high-volume projects for infrastructure owners and operators, announced it is partnering with Hylan.

Business Process Automation Appway Company Raises $37 Million

By Amit Chowdhry ● Jun 3, 2020

Business process automation company Appway announced that it has raised a $37 million minority investment from Summit Partners.

Breast Cancer Screening Software Company Vara Closes €6.5 Million

By Noah Long ● Jun 3, 2020

Vara, a Berlin-based company that is on a mission to make breast cancer screening accessible around the world, announced it has raised a €6.5 million Series A round of funding led by OMERS Ventures.

Diabetes Solutions Company Bigfoot Biomedical Raises $55 Million

By Noah Long ● Jun 3, 2020

Bigfoot Biomedical has announced that it raised a total of $55 million to close its Series C equity financing.

Autonomous Mobile Robot Company Locus Robotics Raises $40 Million

By Dan Anderson ● Jun 3, 2020

Locus Robotics, a market leader in autonomous mobile robots (AMR) for fulfillment warehouses, announced that it raised over $40 million in Series D funding.

Twitter Promotes Patrick Pichette To Chairman Of The Board

By Noah Long ● Jun 3, 2020

Twitter has appointed Patrick Pichette as the company chairman.

Volkswagen Closes $2.6 Billion Investment In Argo AI

By Amit Chowdhry ● Jun 3, 2020

Argo AI, a self-driving company that spun out of Ford Motor Company, announced that it closed a $2.6 billion deal with Volkswagen AG.

BlackBerry Ltd (BB) Hires Tom Eacobacci From Citrix To Serve As President

By Amit Chowdhry ● Jun 2, 2020

BlackBerry Ltd (NYSE:BB) (TSX:BB) announced it has appointed Tom Eacobacci as President. These are the details about the hiring.

Mark Zuckerberg: Decision To Leave President Trump’s Posts Up Was ‘Wrenching’

By Amit Chowdhry ● Jun 2, 2020

Facebook CEO Mark Zuckerberg recently conducted a call with employees who were protesting about the inaction surrounding recent violence-inciting posts by President Trump. These are the details.

HubSpot (HUBS): Offering Of $400 Million In Convertible Senior Notes

By Amit Chowdhry ● Jun 2, 2020

HubSpot Inc (NYSE: HUBS) has announced the pricing of $400 million aggregate principal amount of Convertible Senior Notes due 2025 in a private offering to persons reasonably believed to be qualified institutional buyers.

OurCrowd Unveils $100 Million Pandemic Innovation Fund

By Amit Chowdhry ● Jun 2, 2020

OurCrowd — which is the world’s largest crowdfunded-venture investment platform — announced the launch of its Pandemic Innovation Fund with plans to raise $100 million for investment.

Shamrock Capital Buys Adweek

By Noah Long ● Jun 2, 2020

Los Angeles-based investment firm Shamrock Capital announced that it has acquired Adweek. These are the details.

Ares Management: $150 Million Capital Raised For IGS Resi Solar III

By Noah Long ● Jun 2, 2020

Ares Management Corporation (NYSE: ARES) — through funds managed by its Infrastructure and Power strategy and IGS Ventures — announced the completion of a $150 million capital raise for IGS Resi Solar III, LLC.

Vacasa Raises $108 Million In Funding Led by Silver Lake

By Noah Long ● Jun 2, 2020

Vacasa, one of the largest vacation rental management platforms, announced it has raised $108 million in funding led by Silver Lake.

Presto-Based Analytics Company Ahana Secures $2.25 Million Led By GV

By Amit Chowdhry ● Jun 2, 2020

Presto-based analytics company Ahana announced it raised $2.25 million in a round of funding led by GV.

Time-Saving Meal Service Tovala Raises $20 Million

By Dan Anderson ● Jun 2, 2020

Tovala, a time-saving meal service and countertop smart oven that scans, steams, broils, and bakes chef-crafted meals, announced it raised $20 million in Series B funding.