Archives

Why Verizon Is Buying BlueJeans Network

By Amit Chowdhry ● Apr 16, 2020

Verizon Business recently announced it entered a definitive agreement to buy BlueJeans Network. These are the details.

Leading Breach-And-Attack Simulation Company SafeBreach Raises $19 Million

By Amit Chowdhry ● Apr 16, 2020

SafeBreach -- a provider of the leading breach-and-attack simulation (BAS) platform to validate security controls, visualize security risk and prioritize remediations -- announced it has raised $19 million in Series C funding.

Advanced-Surface Modifications Company Nelumbo Raises $14 Million

By Dan Anderson ● Apr 16, 2020

Nelumbo -- a pioneer in the field of advanced-surface modifications -- announced that it raised $14 million in a new round of funding as part of a Series-A expansion.

OUTFRONT Media Secures $400 Million Convertible Preferred Equity Investment

By Amit Chowdhry ● Apr 16, 2020

OUTFRONT Media Inc. (NYSE: OUT) has announced that affiliates of Providence Equity Partners LLC have agreed to lead the purchase of $400 million in newly issued convertible preferred stock together with funds managed by Ares Management Corporation.

Melinda Gates: Trump’s Decision To De-Fund WHO Makes ‘No Sense’

By Amit Chowdhry ● Apr 16, 2020

.Melinda Gates, the co-chair of The Bill & Melinda Gates Foundation, pointed out that the decision to pull funding from the World Health Organization (WHO) is dangerous.

Mayfield Fund Announces $750 Million Raised Across Two Funds

By Amit Chowdhry ● Apr 16, 2020

Mayfield Fund has announced it raised $750 million across two new funds: Mayfield XVI ($475 million) and Mayfield Select II ($275 million).

Airbnb Secures $1 Billion In Debt On Top Of The $1 Billion It Recently Raised

By Amit Chowdhry ● Apr 16, 2020

Home-sharing marketplace company Airbnb has reportedly raised another $1 billion in debt on top of the $1 billion it already recently raised.

How Microsoft And GE Are Helping Medical Professionals Monitor COVID-19 Patients Remotely

By Dan Anderson ● Apr 16, 2020

Microsoft (NASDAQ:MSFT) and GE Healthcare are partnering to launch a cloud-based software platform.

Global Payments Company Airwallex Raises $160 Million

By Amit Chowdhry ● Apr 16, 2020

Airwallex, a company that enables the ability to send and receive foreign currency payments, announced it has raised a $160 million Series D.

Behavioral Biometrics Company BioCatch Raises $145 Million Led By Bain Capital

By Annie Baker ● Apr 16, 2020

Behavioral biometrics leader BioCatch announced it raised $145 million in Series C funding led by Bain Capital Tech Opportunities.

Away Development Environment Company Coder Secures $30 Million

By Dan Anderson ● Apr 16, 2020

Away development environment company Coder announced it raised $30 million in Series B funding led by GGV Capital.

Mobile Messaging Company Attentive Raises $40 Million

By Amit Chowdhry ● Apr 16, 2020

Mobile messaging company Attentive has raised $40 million in funding. This brings the total Series C funding to $110 million.

Advanced Network Traffic Analysis Platform Awake Security Raises $36 Million

By Dan Anderson ● Apr 15, 2020

Advanced network traffic analysis company Awake Security announced it raised $36 million in Series C funding led by Evolution Equity Partners.

BlackRock Announces $5.1 Billion Global Energy & Power Infrastructure Fund

By Amit Chowdhry ● Apr 15, 2020

BlackRock has announced that its Global Energy & Power Infrastructure Fund (“GEPIF”) hit a $5.1 billion final close of Global Energy & Power Infrastructure Fund III.

Baby Nutrition Company ByHeart Raises $70 Million

By Annie Baker ● Apr 15, 2020

ByHeart — a company that is focused on the evolution of infant and baby nutrition — announced it closed $70 million in Series A funding.

Honda Remodels Minivans For Transporting Virus Patients In Japan

By Noah Long ● Apr 15, 2020

Honda Motor Co Ltd (NYSE:HMC) has remodeled 50 minivans in order to transport COVID-19 patients to hospitals and quarantine locations.

Sports Mobile Gaming Company Nifty Raises Over $12 Million

By Amit Chowdhry ● Apr 15, 2020

Nifty Games — a developer and publisher focused on quick session and head-to-head sports games for mobile devices — announced it secured over $12 million.

Logistics SaaS Company FarEye Raises $25 Million Led By Microsoft’s M12

By Dan Anderson ● Apr 15, 2020

FarEye, a logistics SaaS platform for predictive visibility, announced it raised $25 million in equity funding led by Microsoft’s venture fund M12.

Zetta Venture Partners Announces $180 Million AI Fund

By Amit Chowdhry ● Apr 15, 2020

Zetta Venture Partners announced a new $180 million fund to invest in AI-first companies.

Clearlake Closes Sixth Flagship Private Equity Fund At Over $7 Billion

By Noah Long ● Apr 15, 2020

Leading investment firm Clearlake Capital Group, L.P. announced it has completed fundraising for its sixth private equity fund at over $7 billion.

IRS Launches ‘Get My Payment’ App

By Amit Chowdhry ● Apr 15, 2020

The IRS has officially launched the “Get My Payment” website and application.

Corigin Ventures Launches $36.05 Million Second Fund

By Dan Anderson ● Apr 15, 2020

Founder-focused early-stage venture capital firm Corigin Ventures announced it launched a $36.05 million second fund.

New Apple iPhone SE: Features You Should Know About

By Amit Chowdhry ● Apr 15, 2020

These are the new iPhone SE features you should know about.

Lightspeed Raises More Than $4 Billion For Early And Growth Stage Companies

By Amit Chowdhry ● Apr 14, 2020

Lightspeed Venture Partners announced it raised over $4 billion for early and growth-stage companies.

Quantum Company Q-CTRL Receives Strategic Investment From In-Q-Tel

By Annie Baker ● Apr 14, 2020

Q-CTRL, a startup that applies the principles of control engineering to accelerate the development of quantum technology, announced a strategic investment by In-Q-Tel.

Autodesk Invests In Aurigo Software

By Noah Long ● Apr 14, 2020

Autodesk, Inc. (NASDAQ:ADSK) and Aurigo Software announced an alliance for developing the most comprehensive set of cloud-based solutions for public and private owners.

Johnson & Johnson Reduces Outlook As It Prepares Coronavirus Vaccine

By Dan Anderson ● Apr 14, 2020

Johnson & Johnson (NYSE:JNJ) cut its 2020 adjusted profit forecast since the COVID-19 (coronavirus) outbreak is causing uncertainty across global markets..

Jim Clark And Thomas Jermoluk Launch Beyond Identity With $30 Million In Funding

By Amit Chowdhry ● Apr 14, 2020

Early world wide web pioneers Jim Clark and Thomas Jermoluk have launched Beyond Identity with $30 million in funding.

The Screening Room: Rebrand, $27.5 Million Funding, New CEO

By Amit Chowdhry ● Apr 14, 2020

The Screening Room, a company built that is pursuing the release of new movies to become available in the home, announced it raised $27.5 million and it hired a new CEO.

Yale University Spin-Out MindNest Health Raises $300K To Develop Tools For Children With Autism

By Amit Chowdhry ● Apr 14, 2020

NeuroNetworks Fund (NNF) announced a $300,000 seed financing for Yale University spinoutMindNest Health.