Archives

Chicago-Based May River Capital Sets Up Massive $300 Million Sophomore Fund

By Amit Chowdhry ● Dec 11, 2019

Chicago-based May River Capital announced that it raised $300 million for its sophomore fund called May River Capital Fund II, LP.

Mesh Networking Provider HypeLabs Raises $3 Million

By Noah Long ● Dec 11, 2019

Mesh networking provider company HypeLabs announced it raised $3 million in a seed round of funding led by innogy Innovation Hub.

Perceptive Advisors Sets Up $210 Million Perceptive Xontogeny Venture Fund

By Amit Chowdhry ● Dec 11, 2019

Investment management firm Perceptive Advisors announced it closed its inaugural venture capital fund with $210 million in capital commitments.

Quellis Biosciences Raises $17 Million To Treat Rare Diseases

By Noah Long ● Dec 11, 2019

Biopharmaceutical company Quellis Biosciences announced it raised $17 million to treat serious rare diseases.

Inscripta Raises $125 Million To Commercialize Onyx Digital Genome Engineering Platform

By Annie Baker ● Dec 11, 2019

Inscripta announced that it has raised $125 million in Series D funding to commercialize the company’s Onyx Digital Genome Engineering platform.

CyberGRX: $40 Million In Funding And 5x Recurring Revenue Increase

By Dan Anderson ● Dec 11, 2019

Global cyber risk exchange provider CyberGRX announced that it has raised $40 million in Series D funding led by ICONIQ Capital.

Why Payoneer Is Buying Optile

By Dan Anderson ● Dec 11, 2019

Digital payment platform Payoneer recently announced it acquired Munich-based company optile. These are the details about the deal.

Seed Stage Investment Firm Pear Sets Up $160 Million For Third Fund

By Amit Chowdhry ● Dec 11, 2019

Palo Alto-based seed-stage investment firm Pear has closed $160 million in capital commitments for its third fund.

Voice Customer Service Observe.AI Closes $26 Million In Funding

By Amit Chowdhry ● Dec 11, 2019

AI-powered voice customer service company Observe.AI announced that it raised $26 million in Series A funding led by Scale Venture Partners.

Abilitech Medical Raises $7.4 Million To Help Restore Upper Arm Mobility

By Amit Chowdhry ● Dec 11, 2019

Abilitech, a company founded by former Medtronic senior product manager Angie Conley, announced it raised $7.4 million to help restore upper arm mobility.

Home Energy Platform Company Arcadia Raises $30 Million In Funding

By Dan Anderson ● Dec 11, 2019

Arcadia -- a startup with software that connects hundreds of thousands of U.S. households to cleaner and cheaper energy options -- raised $30 million.

Why VeriShip Is Buying Valence

By Dan Anderson ● Dec 11, 2019

Leading SaaS-based shipping expense optimization platform VeriShip announced it is buying Valence. These are the details.

Data Analytics Company Sevan Multi-Site Solutions Raises $17.5 Million

By Annie Baker ● Dec 11, 2019

Downers Grove, Illinois-based Sevan Multi-Site Solutions announced it has raised $17.5 million in Series A funding led by ABS Capital Partners.

Goldman Sachs Preparing To Launch Robo-Advisor Next Year

By Amit Chowdhry ● Dec 11, 2019

Goldman Sachs is preparing to launch a robo-advisor next year and the account minimum for the service might be as low as $5,000.

Walmart Testing Driverless Vehicles For Delivering Groceries

By Dan Anderson ● Dec 11, 2019

Walmart is now testing driverless vehicles for delivering groceries to the homes of its customers in partnership with Nuro.

ProducePay Raises $190 Million In Debt Financing

By Noah Long ● Dec 11, 2019

Los Angeles-based startup ProducePay announced that it raised a $190 million debt facility from CoVenture and TCM Capital.

Mobility Management Company Passport Raises $65 Million In Funding

By Dan Anderson ● Dec 11, 2019

Charlotte-based mobility management company Passport announced it raised $65 million in Series D funding.

Imply: $30 Million In Funding And $350 Million Valuation

By Amit Chowdhry ● Dec 11, 2019

Real-time analytics company Imply announced that it raised $30 million in funding led by Andreessen Horowitz’s Late Stage Venture Fund.

Apple Sues Former Chip Designer Employee

By Amit Chowdhry ● Dec 10, 2019

Apple has filed a lawsuit against Gerard Williams III, a former employee who oversaw the development of Apple's A-series chipsets.

Cross-Channel Growth Marketing Platform Company Iterable Raises $60 Million In Funding

By Dan Anderson ● Dec 10, 2019

Cross-channel growth marketing platform Iterable announced it has raised $60 million in Series D funding.

Google Fi Gains Spam Warning Feature

By Noah Long ● Dec 10, 2019

Google Fi can now warn you when a suspected spammer is calling. And Fi is extending its enhanced VPN network and Wi-Fi calling to all Android phones.

Why VSCO Is Acquiring 360 Camera Company Rylo

By Amit Chowdhry ● Dec 10, 2019

VSCO announced that it is buying Rylo, a company that is known for building a compact camera with powerful video stabilization technology.

Pepsi CMO Robertos Rios Moving To Schwan’s Co

By Dan Anderson ● Dec 10, 2019

Pepsi’s chief marketing officer Robertos Rios is departing from the company to join Schwan’s Co.

Pizza Hut Chief Brand Officer Marianne Radley Stepping Down

By Annie Baker ● Dec 10, 2019

Pizza Hut chief brand officer Marianne (Donohue) Radley is stepping down from the company.

Furnished Home Company Zeus Raises $55 Million In Funding

By Noah Long ● Dec 10, 2019

Zeus Living, a company that offers furnished homes for modern professionals, announced that it raised $55 million in Series B funding.

Intel CEO Bob Swan: Less Focus On 90% CPU Market Share

By Amit Chowdhry ● Dec 10, 2019

At the annual Credit Suisse technology conference, Intel CEO Bob Swan said that the company is no longer going to overly focus on its 90% CPU market share.

Centana Growth Partners Raises $375 Million For Second Fund

By Amit Chowdhry ● Dec 10, 2019

Centana Growth Partners announced that it has raised $375 million for its second fund called Fund II. Fund II was oversubscribed and closed at its hard cap.

SignalFire Receives $500 Million In Capital Commitments For Two Funds

By Dan Anderson ● Dec 10, 2019

San Francisco-based venture firm SignalFire announced that it has raised $500 million in capital commitments across two funds.

ViacomCBS CEO Robert Bakish Highlights Post-Merger Plans

By Dan Anderson ● Dec 10, 2019

ViacomCBS CEO Robert M. Bakish discussed some of the planned initiatives following the merger of the media companies at the UBS Technology, Media and Telecom Conference.

Sandra Sims-Williams Joining Nielsen As SVP Of Diversity And Inclusion

By Amit Chowdhry ● Dec 10, 2019

Sandra Sims-Williams is joining Nielsen as the senior vice president of diversity and inclusion.