Archives

Why Atlassian Is Acquiring Code Barrel

By Annie Baker ● Oct 25, 2019

Atlassian recently announced it is acquiring Code Barrel. These are the details about the deal.

Network Traffic Analysis Company Corelight Closes $50 Million In Funding

By Dan Anderson ● Oct 25, 2019

Network traffic analysis (NTA) solutions company Corelight recently announced it raised $50 million in Series C led by Insight Partners and Accel.

Canva Is Now Valued At $3.2 Billion Following An Investment Led By Mary Meeker

By Amit Chowdhry ● Oct 25, 2019

Online design company Canva recently raised $85 million in a round of funding led by Bond Capital at a $3.2 billion valuation. These are the details.

What Inspired Robert F. Smith To Pay The Student Loan Debt Of A Whole College Class

By Amit Chowdhry ● Oct 24, 2019

Robert F. Smith -- the richest black man in America -- revealed what inspired him to pay for the student loan debt of a whole college class.

Cascade Seed Fund Closes On Sixth Fund At $5.4 Million

By Annie Baker ● Oct 24, 2019

Cascade Seed Fund recently announced it rebranded to Cascade Angels Fund and closed $5.4 million for its sixth fund.

Peterson Ventures Names Ilana Stern As General Partner

By Amit Chowdhry ● Oct 24, 2019

Peterson Ventures announced it named Ilana Stern as the newest general partner of the firm -- who previously founded Weddington Way.

Sisu Raises $52.5 Million In Funding And Launches A Diagnostic Analytics Platform

By Annie Baker ● Oct 24, 2019

Sisu, one of the fastest and most comprehensive diagnostic platforms for structured data, announced it raised $52.5 million in Series B.

Electric Medium-Duty Chassis Company Motiv Power Systems Raises $60 Million In Funding

By Dan Anderson ● Oct 24, 2019

Motiv Power Systems, a leading provider of all-electric medium-duty chassis for buses and trucks, announced it raised $60 million in funding.

Bloomberg Beta Sets Up Third Fund With $75 Million In Capital Commitments

By Amit Chowdhry ● Oct 24, 2019

Bloomberg Beta has closed a third fund of $75 million, which will be overseen by Roy Bahat, Karin Klein, and James Cham.

UBS Is Making Big Changes To SMAs And The Manhattan Trading Floor

By Amit Chowdhry ● Oct 24, 2019

UBS announced it is dropping the fees on more SMAs for wealth management clients and the company is making some changes to its trading floor.

Facebook Is Committing $1 Billion Towards Housing Affordability In California

By Amit Chowdhry ● Oct 24, 2019

Facebook CFO David Wehner recently announced that the company is committing $1 billion to address the affordable housing crisis in California.

How Bank Of America Is Saving $2 Billion Every Year By Building Its Own Cloud

By Amit Chowdhry ● Oct 24, 2019

Bank of America CEO Brian Moynihan recently revealed that the financial giant is saving $2 billion per year by building its own cloud.

PayPal and Synchrony Are Launching Venmo’s First Credit Card Next Year

By Annie Baker ● Oct 24, 2019

PayPal and Synchrony announced that they will be launching Venmo credit card next year.

AI-Powered Call Tracking Company Invoca Raises $56 Million In Funding

By Dan Anderson ● Oct 24, 2019

AI-powered call tracking and conversational analytics company Invoca announced it raised $56 million in funding.

JPMorgan: 10% Of 2018 Hires Had Criminal Records

By Amit Chowdhry ● Oct 24, 2019

JPMorgan Chase announced that 10% of its 2018 hires had criminal records. These are the details about this hiring program.

DigiCert: Utah-Based Digital Security Company Receives Strategic Investment

By Annie Baker ● Oct 24, 2019

DigiCert, a Lehi, Utah-based leading provider of TLS/SSL, IoT and PKI solutions, announced it received a strategic investment from Clearlake and TA Associates.

How Digital Bank Rho Technologies Is Accelerating Startup Growth

By Dan Anderson ● Oct 24, 2019

Rho Technologies, a leading digital bank service company, announced it has launched Rho Business Banking and raised $4.9 million in funding.

Modern Health Savings Account Company Lively Raises $27 Million

By Noah Long ● Oct 24, 2019

Lively, the creators of a modern health savings account (HSA), announced it raised $27 million in funding.

Whitehorse Closes Fund III At $2 Billion Hard Cap

By Amit Chowdhry ● Oct 24, 2019

Whitehorse Liquidity Partners recently announced that it closed Fund III at a $2 billion hard cap.

Outsourced R&D Marketplace Company Science Exchange Raises $20 Million In Funding

By Annie Baker ● Oct 24, 2019

Science Exchange, a leading SaaS-enabled marketplace for outsourced research and development, announced it raised $20 million in funding.

Networking Company Pensando Systems Raises $145 Million In Funding

By Amit Chowdhry ● Oct 23, 2019

Pensando Systems, a company pioneering the new edge services model of cloud computing, announced it raised $145 million led by HPE and Lightspeed.

Fitt Raises Funding From Several Investors Including Strategic Partner MINDBODY

By Annie Baker ● Oct 23, 2019

Location-based lifestyle platform Fitt announced it raised funding from several investors including strategic partner MINDBODY

Why Accenture Is Acquiring Happen

By Amit Chowdhry ● Oct 23, 2019

Accenture announced recently that it is acquiring Happen, a privately owned innovation firm that uses digital tools to help clients generate new ideas.

Fitt Completes Funding Round With Strategic Investor MINDBODY Onboard

By Dan Anderson ● Oct 23, 2019

Location-based platform Fitt has completed a funding round led by Mountain State Capital.

Why Rubicon Project Is Buying RTK.io For $11 Million

By Amit Chowdhry ● Oct 23, 2019

Rubicon Project announced recently that it is buying RTK.io, a leading provider of tools and services known for making header bidding simpler.

Platinum Equity Buying Cision For $2.74 Billion: Details About The Deal

By Amit Chowdhry ● Oct 23, 2019

Cision -- a global provider of software and services to public relations and marketing communications -- is getting acquired by Platinum for $2.74 billion.

Bill McDermott Has Been Named CEO Of ServiceNow

By Amit Chowdhry ● Oct 23, 2019

Outgoing SAP CEO Bill McDermott has been named the chief executive officer of ServiceNow and is succeeding John Donahoe.

NIKE: John Donahoe Succeeding Mark Parker As CEO

By Amit Chowdhry ● Oct 23, 2019

The NIKE board of directors announced that John Donahoe is succeeding Mark Parker as the new president and CEO.

Databricks: $400 Million Funding And $6.2 Billion Valuation

By Amit Chowdhry ● Oct 23, 2019

Unified data analytics leader Databricks announced it has raised $400 million in funding at a $6.2 billion valuation.

Alice To Grow Its Personal Business Adviser Tools With New Funding Round

By Noah Long ● Oct 23, 2019

Alice, a platform powered by AI that works as a personal business adviser to small business owners, announced it closed a Series A funding round.