Archives

Microsoft To Spin Off Xiaoice Chatbot Into A Standalone Company

By Annie Baker ● Jul 14, 2020

Microsoft recently announced that it is spinning off its Xiaoice (also known as Xiaobing) chatbot for Chinese users into a standalone company.

Growers Edge Raises $40 Million To Help Farmers Adopt New Technologies And Increase Profits

By Noah Long ● Jul 14, 2020

Growers Edge Financial announced that it raised a $40 million Series B round of funding. These are the details.

Qualcomm Invests About $97 Million In Jio Platforms

By Amit Chowdhry ● Jul 14, 2020

Qualcomm recently announced that it invested about $97 million in Jio Platforms in exchange for a 0.15% stake in the company.

Owlet Unveils Smart Sock 3 Baby Monitor: Features And Specs

By Amit Chowdhry ● Jul 14, 2020

Owlet recently announced the Smart Sock 3 baby monitor. These are the Owlet Smart Sock 3 features you should know about.

Light Electric Vehicle Charging System Company Swiftmile Secures $5 Million

By Noah Long ● Jul 14, 2020

Swiftmile — developers of light electric vehicle (LEV) charging systems — announced that it has closed $5 million in Series A funding.

DCM Closes $880 Million For New Funds

By Amit Chowdhry ● Jul 14, 2020

DCM — an early-stage global venture capital firm — announced that it has closed its largest family of funds to date at a total of $880 million.

Meeting Productivity Platform Docket Raises $1.25 Million

By Dan Anderson ● Jul 14, 2020

Docket — a software-as-a-service (SaaS) productivity platform for managing effective meetings — announced that it has raised $1.25 million in funding.

Fertility Care And Testing Company Kindbody Secures $32 Million

By Annie Baker ● Jul 14, 2020

Kindbody — a rapidly growing health and technology company providing fertility, gynecology, and family-building care — announced that it has raised $32 million in Series B funding.

Rethink Impact Closes $182 Million Fund II To Invest In Female-Led Tech Companies

By Amit Chowdhry ● Jul 13, 2020

Rethink Impact — the largest impact venture firm in the U.S. dedicated to investing in female tech entrepreneurs — announced recently that it closed the new $182 million Fund II.

Healthcare Infrastructure Company Truepill Secures $25 Million

By Noah Long ● Jul 13, 2020

Truepill — a company that is driving positive patient experiences through its API-connected healthcare infrastructure — announced that it raised a $25 million Series B funding round.

Sony Makes $250 Million Strategic Investment In ‘Fortnite’ Developer Epic Games

By Amit Chowdhry ● Jul 13, 2020

Sony recently announced that it is investing $250 million in Fortnite developer Epic Games as part of a strategic deal.

Butler Hospitality: $15 Million Funding And $85 Million Valuation

By Annie Baker ● Jul 13, 2020

Butler Hospitality — the first ghost kitchen for the hospitality industry — announced that it has raised $15 million in Series A funding at a valuation of $85 million.

Electric Vehicle Company Fisker Raises $50 Million

By Dan Anderson ● Jul 13, 2020

Fisker — the designer and manufacturer of eco-friendly electric vehicles and advanced mobility solutions — announced that it has completed a $50 million Series C round.

MariaDB Raises $25 Million For Scaling SkySQL Operations

By Annie Baker ● Jul 12, 2020

MariaDB Corporation announced that it raised a $25 million funding round to support the company goals to expand the reach and development of its cloud database called MariaDB SkySQL.

Why Accenture Is Investing In Synadia (ACN)

By Noah Long ● Jul 12, 2020

Accenture Plc (NYSE: ACN) announced that it has made a strategic investment in Synadia Communications through Accenture Ventures.

Multi-Cloud Log Management Company LogDNA Closes $25 Million Series C Funding

By Dan Anderson ● Jul 12, 2020

LogDNA — the leading log management solution for DevOps teams — announced that it has closed a $25 million Series C round of funding.

Rivian Raises Massive $2.5 Billion Funding Round

By Amit Chowdhry ● Jul 11, 2020

Electric vehicle company Rivian announced it has closed $2.5 billion in funding led by funds and accounts advised by T. Rowe Price Associates.

Rocket Companies (Quicken Loans) IPO: All The Details You Need To Know

By Amit Chowdhry ● Jul 11, 2020

Rocket Companies (Quicken Loans), the largest mortgage lender in the U.S., announced it is preparing to go public soon. These are the details about the upcoming IPO.

Why Slack Technologies Inc (WORK) Is Buying Rimeto

By Amit Chowdhry ● Jul 10, 2020

Slack Technologies Inc (NYSE: WORK) recently announced that it is buying a business directory software company called Rimeto. These are the terms of the deal.

Perfect Day Expands Series C Funding Round To $300 Million

By Annie Baker ● Jul 10, 2020

Pioneering animal-free dairy maker Perfect Day has announced the expansion of its Series C funding round to $300 million.

Livestreaming Shopping App Popshop Live Raises $3 Million

By Noah Long ● Jul 10, 2020

Popshop Live — a livestreaming shopping app at the intersection of social, e-commerce, and entertainment — announced that it has raised $3 million in funding.

Paylocity Holding (PCTY) Rolls Out New Product Features

By Dan Anderson ● Jul 10, 2020

Paylocity Holding Corp (NASDAQ: PCTY) — a leading provider of cloud-based HR and payroll software solutions — announced it launched new COVID-19 Return to Work products.

Blockchain Analysis Company Chainalysis Raises $13 Million

By Annie Baker ● Jul 9, 2020

Blockchain analysis company Chainalysis announced that it has raised $13 million in funding to expand its Series B round to $49 million.

Magic Leap Names Peggy Johnson As Chief Executive Officer, Effective August 1

By Amit Chowdhry ● Jul 9, 2020

Magic Leap announced that it has appointed Peggy Johnson as the company’s new Chief Executive Officer, effective August 1, 2020.

Cloud-To-Cloud Business Continuity Platform OwnBackup Raises $50 Million

By Noah Long ● Jul 9, 2020

OwnBackup — a leading cloud-to-cloud business continuity platform — announced $50 million in new funding.

Rev.com Names Wade Burgess As Chief Revenue Officer

By Amit Chowdhry ● Jul 9, 2020

Rev.com has announced that it has named Wade Burgess as Chief Revenue Officer of the company.

Digital Asset Liquidity Provider Wintermute Raises $2.8 Million

By Dan Anderson ● Jul 9, 2020

Wintermute — an algorithmic liquidity provider for digital assets — announced it has closed $2.8 million in Series A funding led by Lightspeed Venture Partners.

Virtual Care Provider Doctor On Demand Raises $75 Million

By Amit Chowdhry ● Jul 9, 2020

Doctor On Demand — one of the nation’s leading virtual care providers — announced that it has raised $75 million.

Apparel Marketplace Digitization Company CALA Raises $3 Million

By Annie Baker ● Jul 9, 2020

CALA, a managed marketplace that provides a plug and play infrastructure for launching fashion brands, announced it raised $3 million.

2U (TWOU) Partners With Amherst College To Bring Classes Online

By Noah Long ● Jul 9, 2020

Amherst College announced it is preparing for the fall semester by bringing some of its highest enrollment courses online through a partnership with 2U Inc (NASDAQ: TWOU).