Archives

Incline Equity Partners To Invest In Middle-Market Durable Businesses With New $1.165 Billion Fund

By Amit Chowdhry ● Feb 8, 2020

Incline Equity Partners recently successfully closed the Incline Equity Partners V, L.P. and Incline Equity Partners V-A, L.P. on $1.165 billion of capital commitments.

Braze: $100 Million ARR, Tara Walpert Levy Joins Board, Isabelle Winkles Appointed CFO

By Amit Chowdhry ● Feb 8, 2020

Comprehensive customer engagement platform company Braze has announced it appointed Isabelle Winkles as CFO and Tara Walpert Levy to its board of directors.

Dara Khosrowshahi: Uber Expects To Be Profitable By End Of 2020

By Amit Chowdhry ● Feb 7, 2020

Uber CEO Dara Khosrowshahi said that the company is on track to achieve profitability by the fourth quarter of 2020. These are the details.

After Buying Accompany For $270 Million, Cisco Is Now Shutting It Down (UPDATED)

By Amit Chowdhry ● Feb 7, 2020

Cisco announced it is shutting down Accompany on February 29, 2020. Cisco had acquired Accompany for $270 million in May 2018.

SpaceX Plans To Take Starlink Venture Public In Several Years

By Amit Chowdhry ● Feb 7, 2020

SpaceX, aerospace manufacturer and space transportation services company founded by Elon Musk, announced it is planning to take Starlink public sometime in the next few years.

Why Salesforce Is Buying Evergage

By Amit Chowdhry ● Feb 7, 2020

Salesforce recently announced it is buying Evergage. These are the details about the deal you should know about.

The Bill and Melinda Gates Foundation Is Donating $100 Million To Combat The Coronavirus

By Amit Chowdhry ● Feb 7, 2020

The Bill and Melinda Gates Foundation announced it is pledging up to $100 million to prevent the spreading of the 2019 novel coronavirus (2019-nCoV).

HighPoint Technology Partners With Indiana University For Course Scheduling Platform

By Dan Anderson ● Feb 7, 2020

Indiana University announced it is launching a new user experience and course scheduling tool for students, advisors, and staff across its 7 campuses.

Locus Robotics: Over 100 Million Units Picked For Retail And 3PL Partners

By Noah Long ● Feb 7, 2020

Locus Robotics -- the market leader in autonomous mobile robots (AMR) for fulfillment warehouses, announced it crossed the 100 million units picked milestone.

Ford: Jim Farley Named COO And Joe Hinrichs Is Retiring

By Amit Chowdhry ● Feb 7, 2020

Ford Motor Company announced it named Jim Farley as the chief operating officer. And the company also revealed that the president of automotive Joe Hinrichs is retiring.

The Wing Hires Celestine Maddy As SVP Of Marketing And Communications

By Amit Chowdhry ● Feb 7, 2020

Women-focused co-working space The Wing has hired Celestine Maddy as senior vice president of marketing and communications.

HouseCanary: $65 Million Funding And $200 Million In Real Estate Transactions Per Month

By Dan Anderson ● Feb 7, 2020

Home valuation fintech company HouseCanary announced it has closed $65 million in growth funding. And the company is now seeing $200 million in real estate transactions every month.

Next Generation Sports Wearable Company NURVV Raises $9 Million

By Amit Chowdhry ● Feb 7, 2020

NURVV, a biomechanics innovator that launched at CES 2020 using British science to disrupt the global wearables industry, announced it closed its first venture funding round led by Hiro Capital.

Walmart Hires Donna Morris As Chief People Officer

By Annie Baker ● Feb 7, 2020

Walmart has hired Donnas Morris to serve as Chief People Officer. Before Walmart, Morris worked at Adobe for nearly 18 years.

John Stratton Joins General Dynamics Board Of Directors

By Amit Chowdhry ● Feb 7, 2020

The General Dynamics board of directors has elected John Stratton to be a director of the corporation.

Blackstone’s Stephen Schwarzman To Donate Majority Of Wealth To Charity

By Amit Chowdhry ● Feb 6, 2020

Blackstone's Stephen A. Schwarzman has committed to giving away the majority of his wealth to philanthropy with the signing of The Giving Pledge.

Cognizant: Francisco D’Souza Leaving The Board And Vinita Bali Joins As New Independent Director

By Amit Chowdhry ● Feb 6, 2020

Cognizant announced that Vinita Bali has been appointed to its Board as a new independent director and Vice Chairman Francisco D'Souza is departing.

Aiven: $40 Million Funding And Eric Liaw Joins Board

By Amit Chowdhry ● Feb 6, 2020

Aiven, a startup that combines the best open source technologies with cloud infrastructure, announced it raised $40 million in Series B. And IVP General Partner Eric Liaw is joining the board.

Sales Productivity Platform Company RevOps Raises $1.6 Million

By Dan Anderson ● Feb 6, 2020

Sales productivity platform company RevOps announced it has launched with $1.6 million in seed funding. These are the details about the funding.

Twilio CFO Khozema Shipchandler: 2020 Will Be An ‘Important Investment Year’

By Amit Chowdhry ● Feb 6, 2020

Cloud communications company Twilio announced this year will be an "important investment year" as it is reporting a net loss per share.

Kentik Appoints Christoph Pfister As First Chief Product Officer

By Noah Long ● Feb 6, 2020

Kentik, the provider of the only AIOps platform specifically designed for network professionals, announced it appointed Christoph Pfister as its first chief product officer.

Cryptographic Settlement Solutions Company Transparent Financial Raises Over $14 Million

By Amit Chowdhry ● Feb 6, 2020

Seattle-based Transparent Financial Systems announced it has raised over $14 million in Series A funding led by Pantera Capital.

Deliverr Raises $40 Million To Help Merchants Set Up Fast Shipping

By Annie Baker ● Feb 6, 2020

Deliverr, a service that helps e-commerce companies set up two-day shipping using intelligent algorithms, announced it raised $40 million.

Microsoft Reorganizes Experiences, Devices, Client, Product, And Education Teams

By Amit Chowdhry ● Feb 6, 2020

Microsoft has made a number of management changes for its experiences, devices, client, product, and education teams. Here's the details.

Marco Argenti: Goldman Sachs Is Well-Positioned To Offer The First Global ‘Financial Cloud’ To Clients

By Amit Chowdhry ● Feb 6, 2020

Goldman Sachs co-CIO Marco Argenti recently sent out a memo to staff with plans for creating a "financial cloud" for customers.

Fortissimo Capital Fund Sets Up $650 Million Fifth Fund

By Dan Anderson ● Feb 6, 2020

Israel-based private equity firm Fortissimo Capital Fund announced the final closing of its fifth fund called Fortissimo Capital Fund V, L.P. with commitments of $650 million.

Machine Learning Company Kaskada Closes $8 Million In Funding

By Dan Anderson ● Feb 6, 2020

Kaskada, a machine learning company that provides a unified platform for feature engineering, announced it raised $8 million in funding.

LinkedIn: Ryan Roslansky Succeeding Jeff Weiner As CEO

By Amit Chowdhry ● Feb 6, 2020

LinkedIn, the Microsoft-owned professional social network, announced Ryan Roslansky is succeeding Jeff Weiner as CEO. These are the details about the management shift.

Hireology Announces A New Mobile App To Make Automotive Hiring Easier

By Annie Baker ● Feb 6, 2020

Hireology, a leading recruitment CRM for multi-location and decentralized enterprises, announced it is launching a new mobile application later this summer.

Houwzer: $9.5 Million Funding And Michael Kopelman Joins Board

By Dan Anderson ● Feb 6, 2020

Philadelphia-based online real estate platform company Houwzer announced it raised $9.5 million in a growth round of funding led by Edison Partners.