Archives

Why Facebook Is Buying Mapillary (FB)

By Amit Chowdhry ● Jun 20, 2020

Facebook (NASDAQ: FB) has acquired a Sweden-based street-level mapping company called Mapillary this past week. These are the details about the deal.

Cloud-Native Data Security Company Open Raven Raises $15 Million

By Dan Anderson ● Jun 20, 2020

Cloud-native data security platform Open Raven, a company that prevents breaches driven by modern speed and sprawl, announced that it has raised $15 million in Series A funding.

Warehouse Management Company CognitOps Raises $3 Million

By Annie Baker ● Jun 20, 2020

CognitOps — an AI startup whose software models and automates warehouse management — announced it has raised $3 million in a seed round of funding.

Drug Discount Management Solution Company Kalderos Raises $28 Million

By Noah Long ● Jun 20, 2020

Kalderos, a creator of the first drug discount management solution, announced it raised $28 million in Series B funding.

UNest Closes $9 Million To Help Parents Save For Their Children

By Annie Baker ● Jun 20, 2020

UNest, a mobile app that helps parents invest in the future of their children, announced it raised $9 million in funding led by Anthos Capital and included strategic investments from Baron Davis, Northwestern Mutual Future Ventures, Artemis Fund, Draper Dragon, and Unlock Ventures.

Profitable Presto Company Starburst Data Raises $42 Million

By Dan Anderson ● Jun 20, 2020

Enterprise Presto company Starburst Data announced that it has raised $42 million in Series B funding in order to unlock the value of data by helping teams access it anywhere.

Stanford Spinout QuantumScape Raises $200 Million From Volkswagen

By Noah Long ● Jun 19, 2020

Automaker Volkswagen announced earlier this week that it invested $200 million in Stanford University spinout QuantumScape.

Walmart (WMT): Large Stake In Dada Nexus (DADA) And Acquisition Of CareZone’s Assets

By Amit Chowdhry ● Jun 19, 2020

This past week, Walmart Inc (NYSE: WMT) confirmed it acquired certain assets of CareZone and revealed a large stake in Dada Nexus Ltd (NASDAQ: DADA).

Leading API Security Company Salt Security Raises $20 Million

By Annie Baker ● Jun 19, 2020

Leading API security company Salt Security announced that it has raised $20 million in Series A funding.

Streamlit Raises $21 Million Co-Led By GGV Capital And Gradient Ventures

By Annie Baker ● Jun 19, 2020

Streamlit announced it has raised $21 million in Series A funding. These are the details.

Clockwise Closes $18 Million Led by Bain Capital Ventures

By Dan Anderson ● Jun 19, 2020

Smart calendar assistant company Clockwise announced it has raised $18 million in Series B.

Trusona Adds Four New Members To Company Advisory Board

By Noah Long ● Jun 19, 2020

Trusona, a pioneer in passwordless multi-factor authentication technology, announced recently that it made the strategic appointment of four new members to the company's advisory board.

FirstMark Capital Reveals New Funds With $650 Million In Capital

By Amit Chowdhry ● Jun 19, 2020

NYC-based venture capital firm FirstMark Capital recently revealed that it has closed two new funds with $650 million in capital.

Programmable Performance Bot Technology Company Zycada Exits Stealth With $19 Million

By Noah Long ● Jun 18, 2020

Zycada recently announced that it emerged from stealth and raised $19 million in total funding to date.

Factory Video Analytics Company Drishti Closes $25 Million In Funding

By Amit Chowdhry ● Jun 18, 2020

Factory video analytics company Drishti Technologies announced it raised $25 million in Series B funding. These are the details.

Syncari: $6.5 Million Funding And New Board Members

By Annie Baker ● Jun 18, 2020

Syncari announced it has raised $6.5 million in a seed round of funding led by SignalFire.

Why Demandbase Is Buying Engagio

By Dan Anderson ● Jun 18, 2020

Demandbase, a leader in Account-Based Marketing (ABM), announced the company had acquired Engagio. These are the details about the deal.

SAP Is Developing These Solutions For Tackling Supply Chain Challenges

By Amit Chowdhry ● Jun 18, 2020

SAP SE (NYSE: SAP) recently announced several new services to help companies improve supply chain and industry-specific processes.

Coupa Software Inc (COUP) Closes Gross Proceeds Of $1.38 Billion In Senior Notes Offering

By Dan Anderson ● Jun 18, 2020

Coupa Software Inc (NASDAQ: COUP) recently announced that it closed its offering of convertible senior notes due 2026 for gross proceeds of $1.38 billion.

Accenture (ACN): Sentelis Acquisition And $341 Million Commerce Department Contract

By Amit Chowdhry ● Jun 17, 2020

Accenture Plc (NYSE: ACN) has announced it has acquired Sentelis and Accenture Federal Services (AFS) unveiled it won a $341 million Department of Commerce contract.

Facebook Launches New Features For Portal

By Dan Anderson ● Jun 17, 2020

Facebook has announced that it has launched several new features for the Portal line of devices.

Target (TGT) Increasing Minimum Wage To $15 Per Hour For Employees

By Noah Long ● Jun 17, 2020

Target Corporation (NYSE: TGT) announced it is permanently raising its starting wage for its store, distribution, and headquarter employees to $15 an hour starting July 5.

SoftBank (SFTBY) Reportedly Selling Two-Thirds Of T-Mobile (TMUS) Stake For About $20 Billion

By Annie Baker ● Jun 17, 2020

SoftBank Group Corp (OTCMKTS: SFTBY) is reportedly planning to sell two-thirds of its T-Mobile Us Inc (NASDAQ: TMUS) stake in a deal valued at about $20 billion.

Biotechnology Company C4 Therapeutics Raises $170 Million

By Annie Baker ● Jun 17, 2020

C4 Therapeutics, a biotechnology company that focuses on a new class of small-molecule drugs that selectively destroy disease-causing proteins via degradation, announced it raised $170 million.

CVS Health Partners With DoorDash For Same-Day Grocery Delivery

By Noah Long ● Jun 17, 2020

CVS Health Corp (NYSE: CVS) announced it partnered with DoorDash for same-day delivery of groceries, food, and non-prescription items.

Tesla Inc (TSLA) Signs New Panasonic Deal For Battery Supplies

By Amit Chowdhry ● Jun 17, 2020

Tesla Inc (NASDAQ: TSLA) announced it signed a new three-year deal with Panasonic for the battery supply from the Gigafactory Nevada facility.

Why Square (SQ) Is Buying Verse

By Amit Chowdhry ● Jun 17, 2020

Financial services company Square Inc (NYSE: SQ) announced that it is buying Verse, which is a Spanish peer-to-peer payments app.

Mary Barra: Cruise Origin Ride-Hailing Services To Happen Quicker Than Most People Think (GM)

By Annie Baker ● Jun 17, 2020

General Motors Company (NYSE: GM) CEO Mary Barra said that the coronavirus pandemic has not slowed down the company’s plans in launching its autonomous and electric vehicles.

Walmart (WMT) Starts Testing Self-Checkout Only Store

By Amit Chowdhry ● Jun 16, 2020

Walmart Inc (NYSE: WMT) has decided to start testing out a shopping experience due to the global health crisis caused by the coronavirus pandemic.

iRobot Corporation (IRBT) Experiences Stronger-Than-Expected Orders

By Amit Chowdhry ● Jun 16, 2020

Consumer robot company iRobot Corporation (NASDAQ: IRBT) provided an update on its operations with stronger-than-expected orders.