Archives

Warren Buffett Bid $5 Billion For Tech Data Before Apollo Won The Deal

By Amit Chowdhry ● Dec 3, 2019

In an interview with The Wall Street Journal, Berkshire Hathaway chairman and CEO Warren Buffett said that he offered $5 billion for Tech Data before Apollo won the deal.

YouTube CEO Susan Wojcicki: 500 Hours Of Video Uploaded Every Minute

By Amit Chowdhry ● Dec 3, 2019

YouTube CEO Susan Wojcicki was recently interviewed on 60 minutes where she revealed a few milestones and the company's plans to address hateful content.

Ray Dalio Interviewed By Reid Hoffman: Find The Smartest People Who Disagree With You

By Amit Chowdhry ● Dec 2, 2019

Bridgewater Associates co-chief investment officer & co-chairman Ray Dalio was recently interviewed by Reid Hoffman. Here are some insights from their talk.

Storm Ventures Raises $130.4 Million For Sixth Fund

By Noah Long ● Dec 2, 2019

Menlo Park, California-based Storm Ventures announced it raised $130.4 million for its sixth fund, according to an SEC filing.

Black Friday Shoppers Have Spent $7.4 Billion In Online Sales

By Annie Baker ● Dec 2, 2019

Consumers have spent $7.4 billion in online spending over Black Friday, according to estimates from Adobe Analytics.

Silver Lake Names Egon Durban And Greg Mondre As First Co-CEOs

By Amit Chowdhry ● Dec 2, 2019

Private equity company Silver Lake announced it named managing directors Egon Durban and Greg Mondre as co-CEOs.

Morgan Stanley Investment Management Names Jill Wight As Managing Director

By Amit Chowdhry ● Dec 2, 2019

Morgan Stanley announced that it named Jill Wight as a managing director for Morgan Stanley Investment Management’s (MSIM) middle-market private equity investment team.

Forbes Media Has Acquired A Majority Stake In Quantalytics AI Labs

By Amit Chowdhry ● Dec 2, 2019

Forbes Media has acquired a majority stake in Quantalytics AI Labs (formerly known as Quantamize). These are the details.

Vinted: €128 Million Funding And More Than A $1 Billion Valuation

By Dan Anderson ● Dec 2, 2019

Lithuania-based second-hand clothing marketplace company Vinted has raised €128 million in funding at more than a $1 billion valuation.

Cognitive Data Capture Company Rossum Closes $4.5 Million In Funding

By Annie Baker ● Dec 2, 2019

Rossum, a Cognitive Data Capture company, announced it raised $4.5 million in seed funding.

SAR Raises $1 Million In Funding And Hires More Executives

By Dan Anderson ● Dec 2, 2019

Securities class action (SCA) data analytics software company SAR LLC announced it raised $1 million in seed capital.

Graham Partners Raises $645 Million For Fifth Fund

By Amit Chowdhry ● Dec 2, 2019

Newton Square, Pennsylvania-based venture firm Graham Partners announced it has raised $645 million for its fifth fund.

Hilary Schneider Becomes Shutterfly Head As Garrett Smallwood Gets Promoted To Wag! CEO

By Amit Chowdhry ● Dec 1, 2019

Hilary Schneider is departing from Wag! to become the CEO of Shutterfly as Garrett Smallwood is succeeding her.

E-Commerce Helpdesk Service Gorgias Raises $14 Million

By Annie Baker ● Dec 1, 2019

Gorgias, a helpdesk company founded by CEO Romain Lapeyre and CTO Alex Plugaro, announced it raised $14 million in Series A funding.

Amazon Alexa Gains A Medication Management Feature For Giant Eagle Customers

By Amit Chowdhry ● Dec 1, 2019

Amazon announced it has launched a medication management feature for Alexa in partnership with Giant Eagle Pharmacy.

Breach And Attack Simulation Platform Company Cymulate Closes $15 Million In Funding

By Annie Baker ● Nov 29, 2019

Cymulate, a leading SaaS-based Breach and Attack Simulation (BAS) platform company, announced it raised $15 million in funding led by Vertex Growth Fund.

Log Analytics Solution Company Coralogix Raises $10 Million

By Noah Long ● Nov 29, 2019

Coralogix, the provider of a leading ML-powered log analytics solution, announced it raised $10 million in Series A funding.

NYSE Aiming To Enable Companies To Raise Capital With Direct Listings

By Amit Chowdhry ● Nov 29, 2019

The New York Stock Exchange (NYSE) said it filed with the SEC to enable companies going public to raise capital through a direct listing.

Tray.io: $50 Million Funding At Over $600 Million Valuation

By Dan Anderson ● Nov 29, 2019

Tray.io, a company that built a General Automation Platform, announced it raised $50 million in Series C funding.

Cloud Commerce Provider VTEX Raises $140 Million In Funding

By Dan Anderson ● Nov 28, 2019

Leading e-commerce platform VTEX announced it raised $140 million in funding led by SoftBank's Latin America fund.

Arteza: $24 Million In Funding And 10x Revenue Growth In 2 Years

By Amit Chowdhry ● Nov 28, 2019

Leading direct-to-consumer arts and crafts supplies company Arteza announced it raised $24 million in Series A funding.

Video Communication Company Loom Raises $30 Million

By Amit Chowdhry ● Nov 28, 2019

Video communication app company Loom announced it raised $30 million in Series B funding led by Sequoia Capital.

Clocktower Sets Up Second Financial Services Innovation Venture Fund At About $70 Million

By Amit Chowdhry ● Nov 28, 2019

Clocktower Technology Ventures announced the final close of its second financial services innovation fund called Clocktower Technologies II L.P.

MiddleGame Ventures Sets Up $165 Million FinTech Fund

By Dan Anderson ● Nov 28, 2019

Fintech investment firm MiddleGame Ventures announced it has set up a new fund called Venture Fund I with a final close of $165 million.

Spanx Founder Sara Blakely: ‘Be The CEO Your Parents Always Wanted You To Marry’

By Annie Baker ● Nov 28, 2019

On a LinkedIn, Spanx founder Sara Blakely wrote a compelling post with advice about how to handle being single as you head home for the holidays.

CAVU Ventures Sets Up $250 Million Third Fund

By Amit Chowdhry ● Nov 28, 2019

Consumer goods investment firm CAVU Venture Partners announced it has closed its third flagship fund with $250 million.

NovaQuest Capital Closes $275 Million For Private Equity Fund

By Annie Baker ● Nov 28, 2019

Healthcare and life sciences focused private investment firm NovaQuest Capital Management has closed $275 million in total capital commitments for Fund I.

Microsoft CEO Satya Nadella And President Brad Smith On Keeping Languages Alive

By Amit Chowdhry ● Nov 28, 2019

Microsoft CEO Satya Nadella and president Brad Smith recently went to New Zealand for a company event and to oversee a language preservation project.

ZMC Raises $775 Million For Private Equity Fund III

By Amit Chowdhry ● Nov 28, 2019

Zelnick Media Capital (ZMC) announced that it closed ZMC III, L.P. and ZMC III Parallel, L.P. (together known as “Fund III”) at $775 million.

Facebook Buys ‘Beat Saber’ Developer Beat Games

By Amit Chowdhry ● Nov 27, 2019

Facebook announced it has acquired Beat Games, the game development studio known for the "Beat Saber" VR game.