Archives

PrizePool Raises $4.25 Million To Reward People For Saving

By Annie Baker ● Aug 31, 2020

PrizePool recently announced a seed round of funding of $4.25 million led by Accomplice, Bling Capital, Coatue, SciFi VC, and World Innovation Lab, and several others.

Nestle (NSRGY) Spending $2 Billion To Gain Full Ownership Of Aimmune Therapeutics (AIMT)

By Amit Chowdhry ● Aug 31, 2020

Today Nestlé S.A. (NSRGY) announced it will be paying $2 billion to gain full ownership of Aimmune Therapeutics Inc (NASDAQ: AIMT). These are the details.

Data Streaming Platform Narrative Closes $8.5 Million

By Noah Long ● Aug 31, 2020

Narrative — a software company that radically simplifies the acquisition and distribution of data announced it has raised an $8.5 million Series A funding round led by G20 Ventures.

Organizational Management Platform ChartHop Secures $14 Million

By Amit Chowdhry ● Aug 31, 2020

Organizational management platform ChartHop recently announced it raised $14 million in a Series A round of funding led by Andreessen Horowitz.

Strategic Financing Tools Company Stratify Raises $4.9 Million

By Annie Baker ● Aug 31, 2020

Stratify — a company that is focused on bringing a collaborative and connected approach to strategic finance — announced that it has raised $4.9 million in a Series Seed investment.

Abbott Laboratories (ABT): Asymptomatic People Testing BinaxNOW In Order To Expand FDA Authorization

By Amit Chowdhry ● Aug 30, 2020

Abbott Laboratories (NYSE: ABT) is in the process of testing its rapid coronavirus test on asymptomatic people in order to get to the next step of expanding FDA authorization.

Esusu: How This Company Is Dismantling Barriers To Housing

By Amit Chowdhry ● Aug 30, 2020

Esusu, a leading platform that is dismantling barriers to housing, announced it has closed $2.3 million in seed extension funding.

Social Investing App Public.com Secures Funding From Scott Galloway

By Amit Chowdhry ● Aug 30, 2020

Social investing app Public.com announced it has secured funding from Scott Galloway.

AI/ML Model Management Company Verta Raises $10 Million

By Amit Chowdhry ● Aug 30, 2020

AI/ML model management and operations company Verta announced it has raised $10 million in Series A funding led by Intel Capital.

Why ConsenSys Is Buying The Quorum Platform From JPMorgan

By Amit Chowdhry ● Aug 30, 2020

ConsenSys recently announced the acquisition of Quorum, an enterprise-variant of the Ethereum blockchain developed by JPMorgan Chase & Co. (NYSE: JPM).

KKR & Co: Suzanne Donohoe Promoted To Global Head of Strategic Growth

By Annie Baker ● Aug 30, 2020

KKR & Co Inc (NYSE: KKR) recently announced it has promoted Suzanne Donohoe to a new role as the firm’s first Global Head of Strategic Growth.

Ross Levinsohn Named CEO Of Maven

By Noah Long ● Aug 30, 2020

Maven (OTC: MVEN) recently announced the evolution of its leadership and a new round of investment. Ross Levinsohn — the current CEO of Sports Illustrated media — will expand his role and become Maven CEO.

Infosys (INFY): Major Partnership With Genesys Signed And New Helpdesk Automation Solutions

By Dan Anderson ● Aug 30, 2020

Infosys (NYSE: INFY) — a global leader in next-generation digital services and consulting — has announced a new partnership with Genesys and the launch of AI-driven 'Cognitive Email Workbench' solution.

Payment Infrastructure Company Finix Raises $75 Million

By Dan Anderson ● Aug 29, 2020

Payments infrastructure company Finix announced it has raised $75 million in additional funding to help vertical Software-as-a-Service (SaaS) providers and fintech companies build better payments experiences for their merchants.

Team Organization Platform Company LaunchNotes Raises $1.8 Million

By Amit Chowdhry ● Aug 28, 2020

LaunchNotes — a company that was founded by the team behind Statuspage (acquired by Atlassian) along with the former head of marketing for Jira — announced that it has raised a $1.8 million seed round.

How Johnson Controls (JCI) Is Helping People Safely Return To Work

By Amit Chowdhry ● Aug 28, 2020

Johnson Controls (NYSE: JCI) — the global leader for smart and sustainable buildings — recently announced it is launching a comprehensive suite of digital solutions called OpenBlue Healthy Buildings.

Castlight Health (CSLT): Brian Marcotte Joins As New Advisor

By Annie Baker ● Aug 28, 2020

Castlight Health, Inc. (NYSE: CSLT) announced this week that Brian Marcotte, former President and CEO, Business Group on Health, has joined as a new strategic advisor.

Civilization Ventures Reveals $35 Million Fund II

By Amit Chowdhry ● Aug 28, 2020

Shahram Seyedin-Noor — a serial entrepreneur who is now a VC — has announced Fund II following the success of Fund I (which has seen 2 exits already).

Flipboard Launches Free Flipboard TV With Access To Hundreds Of Publishers And TV Stations

By Amit Chowdhry ● Aug 28, 2020

Flipboard users in the U.S. now have free access to Flipboard TV with thousands of videos from global publishers, local TV stations, and independent video producers.

Leading Multiplatform Live Streaming Solution Restream Closes $50 Million

By Annie Baker ● Aug 28, 2020

Leading multiplatform live streaming solution Restream announced it has raised $50 million in Series A financing led by Sapphire Ventures and Insight Partners.

Digital Onboarding Raises Funding To Help Banks Develop More Engaging Relationships

By Amit Chowdhry ● Aug 28, 2020

Digital Onboarding — a SaaS technology company that provides a fully automated customer and member engagement platform — announced that it has closed a Series A funding round.

TikTok: Walmart Joins The Bidding For A Deal And CEO Kevin Mayer Steps Down

By Noah Long ● Aug 28, 2020

Walmart Inc (NYSE: WMT) has joined the bidding of TikTok through a partnership with Microsoft Corporation (NASDAQ: MSFT). And TikTok CEO Kevin Mayer is stepping down from the company.

Why Fastly (FSLY) Is Buying Signal Sciences For $775 Million

By Amit Chowdhry ● Aug 28, 2020

Edge cloud platform giant Fastly, Inc. (NYSE: FSLY) announced it entered into a definitive agreement to acquire Signal Sciences for about $775 million in cash and stock. These are the details about the deal.

Delivery Hero (DLVHF) To Buy InstaShop For $360 Million

By Dan Anderson ● Aug 28, 2020

Germany-based food ordering company Delivery Hero SE (OTCMKTS: DLVHF) announced that it has acquired Dubai-based grocery app company InstaShop for $360 million. These are the details.

Apple (AAPL) Could Sell 82 Million AirPods In 2020: Report

By Amit Chowdhry ● Aug 27, 2020

According to a report by Counterpoint Research via Bloomberg, Apple could potentially sell 82 million AirPods this year.

Feature Delivery Platform Company Split Closes $33 Million

By Annie Baker ● Aug 27, 2020

Leading feature delivery platform Split announced that it has raised $33 million in Series C funding.

Redis Labs: $100 Million Series F Funding And Valuation Of Over $1 Billion

By Amit Chowdhry ● Aug 27, 2020

Redis Labs, the company behind the Redis open-source database and the Redis Enterprise provider, announced that it raised $100 million in Series F funding at a valuation of more than $1 billion.

Digital Workspace Company MURAL Raises $118 Million

By Noah Long ● Aug 27, 2020

MURAL — a leading digital workspace for visual collaboration in the enterprise — announced that it has closed $118 million in Series B funding led by Insight Partners.

Taiwan Semiconductor (TSM) Signs Significant Partnerships With Marvell (MRVL) And Synopsys (SNPS)

By Amit Chowdhry ● Aug 27, 2020

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM) has announced major partnerships with Marvell (NASDAQ: MRVL) and Synopsys, Inc. (NASDAQ: SNPS). These are the details about the deals.

Why Cognizant Technology Solutions (CTSH) Is Buying Tin Roof Software

By Dan Anderson ● Aug 27, 2020

Cognizant Technology Solutions Corp (NASDAQ: CTSH) recently announced it has entered into an agreement to buy Tin Roof Software. These are the details.