Archives

Gilead Buying Forty Seven For $4.9 Billion: Details About The Deal

By Noah Long ● Mar 2, 2020

Gilead Sciences and Forty Seven announced that the companies have entered into a definitive agreement pursuant where Gilead will acquire Forty Seven for $4.9 billion.

MIT And Harvard Study Tests Thousands Of Drugs To Help Kill Cancer

By Amit Chowdhry ● Mar 2, 2020

A report published by researchers at MIT and Harvard has highlighted the details of a study involving the test of thousands of existing drugs on close to 600 types of cancer cells in humans.

Banking Provider Service Thought Machine Raises $83 Million In Funding

By Amit Chowdhry ● Mar 2, 2020

Banking provider service Thought Machine announced it raised $83 million in Series B funding.

Why DocuSign Is Buying Seal Software For $188 Million In Cash

By Amit Chowdhry ● Mar 2, 2020

DocuSign recently announced its intent to acquire leading contract analytics and AI technology provider Seal Software for $188 million. Here's the details.

Financing Platform Pipe Secures $6 Million

By Amit Chowdhry ● Mar 2, 2020

Pipe, a new financing platform for SaaS companies, announced it raised $6 million in a seed round of funding led by Craft Ventures.

Jonathan Sposato Is Buying Seattle Magazine From Tiger Oak Media

By Amit Chowdhry ● Mar 2, 2020

Jonathan Sposato has announced the acquisition of Seattle magazine from Tiger Oak Media.

Harvard Researchers Build Robotic Arm Inspired By Octopus Tentacles

By Amit Chowdhry ● Mar 2, 2020

Harvard University researchers have designed a robotic arm that is able to imitate the tentacles of an octopus.

Ripcord: This Robotics Digitization Company Just Raised $45 Million

By Amit Chowdhry ● Mar 2, 2020

Robotics digitization company Ripcord announced it has raised an additional $45 million in Series B2 funding.

ServiceMax: $80 Million Funding Round Led By Salesforce And Silver Lake

By Amit Chowdhry ● Mar 2, 2020

ServiceMax, a leader in asset-centric field service management, announced it raised $80 million in growth funding led by Salesforce Ventures and existing investor Silver Lake.

Mainsail Partners Closes Fund V With $531 Million In Commitments

By Amit Chowdhry ● Mar 2, 2020

Mainsail Partners, a growth equity firm that invests exclusively in bootstrapped software companies, announced it reached its hard cap of $500 million for its fifth fund.

Next Insurance: 3x Growth And $100 Million Run Rate

By Annie Baker ● Mar 2, 2020

Next Insurance, a leading digital insurance technology company that is transforming the small business insurance industry, announced a $100 million run rate.

BounceX: $100 Million In Annual Revenue And Rebranding To Wunderkind

By Dan Anderson ● Mar 2, 2020

BounceX, a SaaS technology company built for performance marketers, announced a name change and $100 million in annual revenue.

Stanford’s Concussion Education Initiative Partners With USA Football On Curriculum

By Amit Chowdhry ● Mar 2, 2020

Experts at Stanford are developing a concussion education module, which will be used as part of the USA Football’s nationally accredited coach certification curriculum.

Revolut: $500 Million Funding And $5.5 Billion Valuation

By Amit Chowdhry ● Mar 2, 2020

British digital bank company Revolut announced it raised $500 million at a valuation of $5.5 billion.

TripActions Secures Debt Facility Of Up To $500 Million

By Amit Chowdhry ● Mar 1, 2020

TripActions announced it raised a debt facility of up to $500 million to launch a corporate travel management and payments platform.

Microsoft Unveils 100X100X100 Program For B2B SaaS Startups In India

By Amit Chowdhry ● Feb 29, 2020

Microsoft recently announced the 100X100X100 program for B2B SaaS startups in India. This is a first of its kind program in India.

Why Everstream Is Buying Detroit-Based Rocket Fiber

By Amit Chowdhry ● Feb 29, 2020

Detroit-based internet service provider (ISP) Rocket Fiber announced recently that it entered an agreement to be acquired by Everstream.

Ribbon Health Raises $10.25 Million

By Noah Long ● Feb 29, 2020

Ribbon Health, a health care data platform built for payers, providers, and digital health companies, announced it raised $10.25 million in a Series A round of funding.

The Vatican Partners With IBM And Microsoft On Facial Recognition Regulation

By Dan Anderson ● Feb 29, 2020

The Vatican announced it is collaborating with Microsoft and IBM to promote the ethical development of AI and the regulation of facial recognition.

LinkedIn Confirms Stories Is Coming Soon

By Amit Chowdhry ● Feb 29, 2020

Microsoft’s professional social network service LinkedIn has confirmed it is building a Stories-like feature. The feature will be available for all users soon.

Harvard University Spin Out Nebula Genomics Unveils $299 Sequencing Test

By Amit Chowdhry ● Feb 29, 2020

Nebula Genomics, a company founded out of Harvard University, announced recently that it is now offering a $299 whole-genome sequencing product.

Why Accenture Is Buying AlphaBeta Advisors

By Amit Chowdhry ● Feb 29, 2020

Accenture announced it is buying AlphaBeta Advisors, an Australian consultancy that combines business strategy, data analytics, and econometrics.

Workplace Collaboration Tool Company Air Secures $6 Million

By Noah Long ● Feb 28, 2020

Workplace collaboration tool company Air announced it raised $6 million in funding to date. These are the details.

Logistics Company Flock Freight Raises $50 Million

By Amit Chowdhry ● Feb 28, 2020

Flock Freight — a hubless business-to-business freight logistics company — announced it raised $50 million in Series B funding round led by SignalFire and GLP Capital Partners.

Why Freshworks Is Buying AnsweriQ

By Noah Long ● Feb 28, 2020

Customer engagement software company Freshworks recently announced the acquisition of AnsweriQ. These are the details.

Karius: This Liquid Biopsy Company Just Raised $165 Million Led By SoftBank

By Dan Anderson ● Feb 28, 2020

Liquid biopsy leader Karius announced it raised $165 million in a new round of funding led by SoftBank Vision Fund 2.

Roblox: $150 Million, 115 Million MAUs, Cash-Flow Positive

By Amit Chowdhry ● Feb 28, 2020

Roblox — a global online platform that brings people together through play — announced it raised $150 million in a new round of funding led by Andreessen Horowitz’s Late Stage Venture fund.

HeadSpin: $60 Million Funding, Nikesh Arora Joins Board, $1.16 Billion Valuation

By Amit Chowdhry ● Feb 27, 2020

HeadSpin, a company known for ensuring flawless connected experiences enabled by the web, mobile, IoT and 5G, announced it raised $60 million.

Palo Alto Networks: How Cortex XSOAR Is Redefining Security Orchestration And Automation

By Noah Long ● Feb 27, 2020

Global cybersecurity company Palo Alto Networks announced the introduction of Cortex XSOAR. These are the details.

Hulu Promotes Kelly Campbell To President

By Amit Chowdhry ● Feb 27, 2020

Hulu chief marketing officer Kelly Campbell has been promoted to the role of president at the video streaming service.