Archives

Lowe’s Companies (LOW) Announces Augmented Video Chat Service For Virtual Home Visits

By Amit Chowdhry ● Jun 1, 2020

To help keep Pros working, Lowe's Companies, Inc. (NYSE: LOW) announced the launch of Lowe's for Pros JobSIGHT powered by Streem, an augmented video chat service that enables Pros to conduct virtual home visits with customers.

Diodes Incorporated (DIOD) Enters Into New $670 Million Credit Agreement

By Noah Long ● Jun 1, 2020

Diodes Incorporated (Nasdaq: DIOD) has announced it entered into a new credit agreement that will provide a three-year secured $670 million credit facility.

Employee Rewards Platform Bonusly Raises $9 Million

By Annie Baker ● Jun 1, 2020

Recognition and rewards platform Bonusly announced it has raised $9 million in Series A funding.

Masmovil Ibercom SA (MAS) To Be Taken Private In $3.3 Billion Deal

By Annie Baker ● Jun 1, 2020

Spanish phone company Masmovil Ibercom SA (BME: MAS) will be taken private by three buyout funds as part of a 3 billion euros ($3.3 billion) deal.

Zynga (ZNGA) Is Buying Turkish Mobile Gaming Company Peak For $1.8 Billion

By Amit Chowdhry ● Jun 1, 2020

Zynga Inc (NASDAQ: ZNGA) announced it is buying Turkish mobile-game company Peak for $1.8 billion as part of a cash and stock deal.

Autonomous Mobile Robot Company OTTO Motors Raises $29 Million

By Dan Anderson ● Jun 1, 2020

OTTO Motors, a division of Clearpath Robotics, announced it raised $29 million in Series C funding.

Yum China Holdings (YUMC): Beyond Meat (BYND) Plant-Based Burgers Coming To China

By Amit Chowdhry ● Jun 1, 2020

Yum China Holdings Inc (NYSE: YUMC) announced it will bring the plant-based burgers made by Beyond Meat Inc (NASDAQ: BYND) to its fast-food restaurants in mainland China.

Cosmetics Company Coty Names Chairman Peter Harf As CEO

By Dan Anderson ● Jun 1, 2020

Cosmetics company Coty Inc (NYSE: COTY) announced it has named Chairman Peter Harf as the chief executive officer of the company.

Zeleros Raises Over €7 Million To Develop The Hyperloop In Europe

By Dan Anderson ● Jun 1, 2020

Zeleros Hyperloop announced it has raised funding worth over €7 million. These are the details.

Apeel Sciences: $250 Million Funding And Over $1 Billion Valuation

By Noah Long ● May 31, 2020

Apeel Sciences, a company that has developed an edible coating product, announced it raised $250 million funding at a reported $1 billion valuation.

Didi Chuxing Raises Over $500 Million For Autonomous Driving Operations Led By SoftBank

By Annie Baker ● May 30, 2020

China-based ride-sharing Didi Chuxing company has raised over $500 million in funding for its autonomous driving operations led by SoftBank’s Vision Fund 2.

Marqeta: $150 Million In Funding And $4.3 Billion Valuation

By Amit Chowdhry ● May 30, 2020

Card issuing platform Marqeta announced it raised $150 million at a valuation of $4.3 billion.

Direct-To-Consumer Cookware Company Caraway Raises $5.3 Million

By Noah Long ● May 30, 2020

Direct-to-consumer cookware company Caraway announced that it raised $5.3 million.

Cell Programming Company Ginkgo Bioworks Raises $70 Million

By Dan Anderson ● May 30, 2020

Ginkgo Bioworks announced recently that it raised $70 million in funding. These are the details.

MIT-Born Crypto Company Floating Point Group Raises $2 Million

By Amit Chowdhry ● May 29, 2020

Floating Point Group (FPG), a company that simplifies how institutional traders deploy algorithmic systems for cryptocurrency trading, announced it has closed $2 million.

Smart Home Automation Company SmartRent Raises $60 Million

By Dan Anderson ● May 29, 2020

SmartRent, a provider of smart home automation for property owners, managers, developers, and residents, announced it raised $60 million in Series C funding.

Medical Device Company Siren Raises $11.8 Million

By Dan Anderson ● May 29, 2020

Siren, a medical device company focused on developing technology to embed microsensors within fabric in order to allow for mass production of affordable and washable smart textiles with remote patient monitoring applications, announced it raised $11.8 million.

Network Intelligence Platform Kentik Closes $23.5 Million In Funding

By Dan Anderson ● May 29, 2020

Kentik, a provider of the leading network intelligence platform, announced it has raised $23.5 million in growth funding led by Vistara Capital Partners.

Cloud-Based Voice Platform Company Aircall Secures $65 Million

By Annie Baker ● May 29, 2020

Aircall, a cloud-based voice platform that helps companies across the globe manage millions of customer support and sales calls every day, announced it raised $65 million.

Data Quality Monitoring Company Toro Raises $4 Million

By Dan Anderson ● May 29, 2020

Toro, a modern data quality monitoring solution built by former members of Uber's data platform team, announced it raised $4 million in seed funding co-led by Costanoa Ventures and Point72 Ventures.

Healthcare Automation Company Bright.md Closes $16.7 Million

By Dan Anderson ● May 29, 2020

Healthcare automation company Bright.md announced that it closed $16.7 million in Series C funding.

Student Loan Savings Company Splash Financial Raises $12.3 Million

By Noah Long ● May 29, 2020

Splash Financial, a leading student loan refinance marketplace that partners with credit unions and banks to help people get the best refinancing rates on their student loans, announced it closed $12.3 million.

Fusion Energy Company Commonwealth Fusion Systems Raises $84 Million

By Noah Long ● May 29, 2020

Commonwealth Fusion Systems (CFS), a company that is commercializing fusion energy, announced it has raised $84 million in A2 funding.

Thierry Delaporte Named As CEO Of Wipro Limited (WIT)

By Amit Chowdhry ● May 29, 2020

Wipro Limited (NYSE: WIT) announced it has named Thierry Delaporte as chief executive officer.

Cisco Systems (CSCO) Announces Plan To Buy ThousandEyes

By Amit Chowdhry ● May 29, 2020

Cisco Systems, Inc. (NASDAQ: CSCO) has announced its plan to buy Internet and Cloud intelligence platform company ThousandEyes. These are the details.

Harry Shum Becomes Chairman Of The Board At News Break

By Dan Anderson ● May 29, 2020

Intelligent local news platform News Break announced it has appointed Harry Shum to the chairman of the board.

Qualys (QLYS) Names Joo Mi Kim As New Chief Financial Officer

By Amit Chowdhry ● May 29, 2020

Cloud-based IT, security, and compliance solutions company Qualys Inc (NASDAQ: QLYS) announced it has appointed Joo Mi Kim as Chief Financial Officer.

Imperfect Foods Secures $72 Million To Reduce Food Waste

By Annie Baker ● May 28, 2020

Imperfect Foods announced recently that it raised $72 million in Series C funding led by Insight Partners.

Multicloud-To-Edge NoSQL Database Couchbase Raises $105 Million

By Amit Chowdhry ● May 28, 2020

Couchbase, the creator of an enterprise-class multicloud-to-edge NoSQL database, announced it raised $105 million.

Healthcare Innovation Company Mindstrong Raises $100 Million

By Dan Anderson ● May 28, 2020

Mindstrong, a company that is focused on transforming mental health through innovations in virtual care models and digital measurement, announced it has raised $100 million.