Archives

Walmart Leads $1.2 Billion Investment In Flipkart (WMT)

By Amit Chowdhry ● Jul 15, 2020

Walmart Inc (NYSE: WMT) is upping its stake in Flipkart by leading a $1.2 billion round for the India-based grocery e-commerce chain.

Why Hewlett Packard Enterprise (HPE) Is Buying Silver Peak

By Amit Chowdhry ● Jul 15, 2020

Hewlett Packard Enterprise (NYSE:HPE) recently announced that it has entered into a definitive agreement to buy Silver Peak. These are the details about the deal.

Robinhood: $320 Million Funding And $8.6 Billion Valuation

By Amit Chowdhry ● Jul 15, 2020

Commission-free trading company Robinhood revealed that it raised $320 million in funding from new and existing investors. These are the details.

Why SiriusXM Is Buying Stitcher From E.W. Scripps Company For $325 Million (SSP, SIRI)

By Amit Chowdhry ● Jul 15, 2020

The E.W. Scripps Company (NASDAQ: SSP) recently announced that it has entered into an agreement with SiriusXM Holdings (NASDAQ: SIRI) to sell podcast industry leader Stitcher for $325 million.

Why Jobvite Hired The Data Science And AI Teams At Predictive Partner

By Noah Long ● Jul 15, 2020

Jobvite — a leading end-to-end talent acquisition suite — announced that it has acquired the artificial intelligence (AI) and data science team at Predictive Partner.

Traceable: This Startup Co-Founded By Serial Entrepreneur Jyoti Bansal Just Launched With $20 Million In Funding

By Amit Chowdhry ● Jul 15, 2020

Traceable — the world's first end-to-end application security monitoring platform — recently launched from stealth with $20 million in funding.

Modern Application And Access Networking Company NS1 Closes $40 Million

By Dan Anderson ● Jul 15, 2020

NS1 — a leader in modern application and access networking — announced that it has raised $40 million in Series D.

Computational Pathology Company Paige Raises $15 Million

By Annie Baker ● Jul 15, 2020

Paige — a leader in computational pathology — announced that it raised an additional $15 million from Goldman Sachs Merchant Banking Division.

UiPath: $225 Million Funding, Over $400 Million ARR, $10.2 Billion Valuation

By Amit Chowdhry ● Jul 14, 2020

Leading Robotic Process Automation (RPA) company UiPath announced that it raised $225 million at a post-money valuation of $10.2 billion. And the company revealed it is now seeing over $400 million in ARR.

Autonomous Drone Company Skydio Raises $100 Million

By Amit Chowdhry ● Jul 14, 2020

Skydio — the leading U.S. drone manufacturer and world leader in autonomous flight technology — announced it has raised $100 million in Series C funding.

Luckin Coffee (LKNCY) Replaces Charles Zhengyao Lu With Jinyi Guo

By Annie Baker ● Jul 14, 2020

Luckin Coffee Inc (OTCMKTS: LKNCY) announced that it has replaced its chairman Charles Zhengyao Lu with Jinyi Guo.

Microsoft To Spin Off Xiaoice Chatbot Into A Standalone Company

By Annie Baker ● Jul 14, 2020

Microsoft recently announced that it is spinning off its Xiaoice (also known as Xiaobing) chatbot for Chinese users into a standalone company.

Growers Edge Raises $40 Million To Help Farmers Adopt New Technologies And Increase Profits

By Noah Long ● Jul 14, 2020

Growers Edge Financial announced that it raised a $40 million Series B round of funding. These are the details.

Qualcomm Invests About $97 Million In Jio Platforms

By Amit Chowdhry ● Jul 14, 2020

Qualcomm recently announced that it invested about $97 million in Jio Platforms in exchange for a 0.15% stake in the company.

Owlet Unveils Smart Sock 3 Baby Monitor: Features And Specs

By Amit Chowdhry ● Jul 14, 2020

Owlet recently announced the Smart Sock 3 baby monitor. These are the Owlet Smart Sock 3 features you should know about.

Light Electric Vehicle Charging System Company Swiftmile Secures $5 Million

By Noah Long ● Jul 14, 2020

Swiftmile — developers of light electric vehicle (LEV) charging systems — announced that it has closed $5 million in Series A funding.

DCM Closes $880 Million For New Funds

By Amit Chowdhry ● Jul 14, 2020

DCM — an early-stage global venture capital firm — announced that it has closed its largest family of funds to date at a total of $880 million.

Meeting Productivity Platform Docket Raises $1.25 Million

By Dan Anderson ● Jul 14, 2020

Docket — a software-as-a-service (SaaS) productivity platform for managing effective meetings — announced that it has raised $1.25 million in funding.

Fertility Care And Testing Company Kindbody Secures $32 Million

By Annie Baker ● Jul 14, 2020

Kindbody — a rapidly growing health and technology company providing fertility, gynecology, and family-building care — announced that it has raised $32 million in Series B funding.

Rethink Impact Closes $182 Million Fund II To Invest In Female-Led Tech Companies

By Amit Chowdhry ● Jul 13, 2020

Rethink Impact — the largest impact venture firm in the U.S. dedicated to investing in female tech entrepreneurs — announced recently that it closed the new $182 million Fund II.

Healthcare Infrastructure Company Truepill Secures $25 Million

By Noah Long ● Jul 13, 2020

Truepill — a company that is driving positive patient experiences through its API-connected healthcare infrastructure — announced that it raised a $25 million Series B funding round.

Sony Makes $250 Million Strategic Investment In ‘Fortnite’ Developer Epic Games

By Amit Chowdhry ● Jul 13, 2020

Sony recently announced that it is investing $250 million in Fortnite developer Epic Games as part of a strategic deal.

Butler Hospitality: $15 Million Funding And $85 Million Valuation

By Annie Baker ● Jul 13, 2020

Butler Hospitality — the first ghost kitchen for the hospitality industry — announced that it has raised $15 million in Series A funding at a valuation of $85 million.

Electric Vehicle Company Fisker Raises $50 Million

By Dan Anderson ● Jul 13, 2020

Fisker — the designer and manufacturer of eco-friendly electric vehicles and advanced mobility solutions — announced that it has completed a $50 million Series C round.

MariaDB Raises $25 Million For Scaling SkySQL Operations

By Annie Baker ● Jul 12, 2020

MariaDB Corporation announced that it raised a $25 million funding round to support the company goals to expand the reach and development of its cloud database called MariaDB SkySQL.

Why Accenture Is Investing In Synadia (ACN)

By Noah Long ● Jul 12, 2020

Accenture Plc (NYSE: ACN) announced that it has made a strategic investment in Synadia Communications through Accenture Ventures.

Multi-Cloud Log Management Company LogDNA Closes $25 Million Series C Funding

By Dan Anderson ● Jul 12, 2020

LogDNA — the leading log management solution for DevOps teams — announced that it has closed a $25 million Series C round of funding.

Rivian Raises Massive $2.5 Billion Funding Round

By Amit Chowdhry ● Jul 11, 2020

Electric vehicle company Rivian announced it has closed $2.5 billion in funding led by funds and accounts advised by T. Rowe Price Associates.

Rocket Companies (Quicken Loans) IPO: All The Details You Need To Know

By Amit Chowdhry ● Jul 11, 2020

Rocket Companies (Quicken Loans), the largest mortgage lender in the U.S., announced it is preparing to go public soon. These are the details about the upcoming IPO.

Why Slack Technologies Inc (WORK) Is Buying Rimeto

By Amit Chowdhry ● Jul 10, 2020

Slack Technologies Inc (NYSE: WORK) recently announced that it is buying a business directory software company called Rimeto. These are the terms of the deal.