Archives

Jio Platforms Now Valued At About $68 Billion Following General Atlantic Investment

By Dan Anderson ● May 17, 2020

General Atlantic is investing around 66 billion rupees ($873 million) in Reliance Industries Limited (NSE: RELIANCE) subsidiary Jio Platforms.

Apple (AAPL): Nearly 100 Stores Around The World Have Reopened

By Annie Baker ● May 17, 2020

Apple announced that nearly 100 of its stores around the world have been reopened.

Italian PM Giuseppe Conte Says Fiat Chrysler (FCAU) Eligible For State-Backed Loan

By Amit Chowdhry ● May 17, 2020

Fiat Chrysler Automobiles NV (NYSE: FCAU) is entitled to apply for Italian state-backed loans, according to Prime Minister Giuseppe Conte.

Why Cyberark Software Is Buying Idaptive For $70 Million

By Amit Chowdhry ● May 16, 2020

Privileged access management company Cyberark Software Ltd (NASDAQ: CYBR) announced it has acquired IDaptive Holdings.

Dynamic Adaptive Risk Company Deep Labs Raises $16 Million

By Dan Anderson ● May 16, 2020

Deep Labs, a leader in AI and the creator of patented persona-based context-aware decisioning and risk systems, announced it raised $16 million.

Criteo (CRTO) Appoints Dave Anderson As Interim Chief Financial Officer

By Amit Chowdhry ● May 15, 2020

Retargeting ad company Criteo SA (NASDAQ: CRTO) announced it has appointed Dave Anderson as interim Chief Financial Officer for a six-month engagement in replacement of Benoit Fouilland.

Facebook (FB) Buying GIPHY In A Deal Reportedly Valued At $400 Million

By Amit Chowdhry ● May 15, 2020

Facebook, Inc. (NASDAQ: FB) is buying GIF search engine GIPHY for a reported $400 million.

Apple (AAPL) Is Buying Virtual Reality Event Company NextVR

By Amit Chowdhry ● May 15, 2020

Apple Inc. (NASDAQ: AAPL) confirmed it is buying NextVR, which is a company that provides sports and event content for virtual reality headsets.

Why Goldman Sachs (GS) Is Buying Folio

By Amit Chowdhry ● May 15, 2020

Goldman Sachs Group Inc (NYSE: GS) announced it is buying wealth management company Folio Financial. These are the details about the deal.

DigitalOcean: $50 Million Funding, $1.15 Billion Valuation, $300 Million ARR

By Amit Chowdhry ● May 15, 2020

DigitalOcean, a cloud for developing modern apps, announced it raised $50 million in Series C funding at a valuation of $1.15 billion.

Why VMware (VMW) Is Buying Octarine

By Amit Chowdhry ● May 15, 2020

VMware, Inc. (NYSE: VMW) recently announced its intent to buy Octarine in order to extend VMware’s intrinsic security capabilities for containers and Kubernetes.

MTS Systems (MTSC) Names Randy Martinez As Interim CEO

By Amit Chowdhry ● May 15, 2020

MTS Systems Corporation (NASDAQ: MTSC) announced that its Board of Directors has unanimously elected Randy Martinez as Interim President and Chief Executive Officer.

Nuance Communications (NUAN) Appoints Diana Nole As EVP And GM Of Healthcare Business

By Amit Chowdhry ● May 15, 2020

Nuance Communications Inc. (NASDAQ:NUAN) has announced its appointment of Diana Nole to Executive Vice President and General Manager of the company's Healthcare business.

Kustomer Buying Reply.ai: Details About The Deal

By Dan Anderson ● May 15, 2020

Omnichannel SaaS platform company Kustomer announced it signed an agreement to buy Reply.ai. These are the details about the deal.

Homeward Raises $105 Million To Help Real Estate Agents Enable Clients To Buy Before They Sell

By Annie Baker ● May 15, 2020

Homeward has announced it secured growth capital of $105 million, including $20 million in equity and $85 million in debt.

Why Microsoft (MSFT) Is Buying Metaswitch Networks

By Amit Chowdhry ● May 15, 2020

Microsoft Corporation (NASDAQ:MSFT) has announced a definitive agreement to buy Metaswitch Networks. These are the details about the deal.

Process Discovery Company FortressIQ Secures $30 Million

By Annie Baker ● May 14, 2020

FortressIQ, a company delivering human-level observability into the processes behind every strategic business initiative, announced it raised $30 million.

Quizlet: $30 Million Funding And $1 Billion Valuation

By Annie Baker ● May 14, 2020

AI-based study platform company Quizlet announced it closed $30 million Series C funding at a $1 billion valuation led by General Atlantic.

Advanced Smart Baby Monitor Company Nanit Raises $21 Million

By Amit Chowdhry ● May 14, 2020

Nanit, a company that is behind the most advanced smart baby monitor and sleep tracker, announced it raised $21 million in funding.

Pizzeria Marketing Tech Platform Slice Closes $43 Million

By Annie Baker ● May 14, 2020

All-in-one ordering and marketing tech platform Slice announced it has raised $43 million in Series C funding.

Maintenance Management Company UpKeep Raises $36 Million

By Dan Anderson ● May 14, 2020

Maintenance management company Upkeep has announced it has raised $36 million in Series B funding.

Self-Driving Car Company Waymo Grows First External Round To $3 Billion

By Annie Baker ● May 13, 2020

Self-driving car company Waymo announced it has raised $750 million, bringing the total external fundraising to $3 billion.

Salesforce.com (CRM): Gavin Patterson Promoted To President And Chief Revenue Officer

By Amit Chowdhry ● May 13, 2020

CRM leader Salesforce.com, Inc. (NYSE:CRM) announced it has appointed Gavin Patterson as President and Chief Revenue Officer.

Nonprofit SaaS Platform Resilia Raises $8 Million

By Amit Chowdhry ● May 13, 2020

Resilia, a SaaS platform for nonprofits, announced it raised $8 million in Series A funding.

Vonage (VG) Partners With ServiceNow (NOW) On Contact Center Capabilities

By Noah Long ● May 13, 2020

Vonage Holdings Corp. (NASDAQ: VG) announced the expansion of its Vonage Contact Center capabilities for including seamless integration with ServiceNow Inc (NYSE: NOW).

Twitter (TWTR) Buying CrossInstall: Details About The Deal You Should Know

By Dan Anderson ● May 13, 2020

Twitter Inc (NYSE: TWTR) recently announced it is buying mobile ad company CrossInstall. These are the details about the deal.

Atlassian (TEAM) Buying Halp: Details About The Deal You Should Know

By Amit Chowdhry ● May 13, 2020

Atlassian Corporation PLC (NASDAQ:TEAM) recently announced it was buying a company called Halp. These are the details about the deal.

Workstream: $10 Million Funding And Keith Rabois Joins Board

By Amit Chowdhry ● May 12, 2020

Hiring platform company Workstream announced it has raised $10 million in Series A funding led by Keith Rabois of Founders Fund.

Iron Mountain (IRM) Names Kimberly Anstett As CTO

By Amit Chowdhry ● May 12, 2020

Iron Mountain Inc (NYSE: IRM) announced that Kimberly Anstett has been appointed Executive Vice President and Chief Technology Officer.

Twitter (TWTR) Names Dr. Fei-Fei Li To The Board Of Directors

By Amit Chowdhry ● May 11, 2020

Twitter Inc (NYSE: TWTR) has announced the appointment of Dr. Fei-Fei Li to the company's Board of Directors as a new independent director, effective immediately.