Archives

Aspen Neuroscience Raises $70 Million Led By OrbiMed

By Dan Anderson ● Apr 3, 2020

Aspen Neuroscience, a biotechnology company developing the first autologous neuron replacement therapy for treating Parkinson's announced it raised $70 million.

Okta Signs Partnership With VMware, CrowdStrike, And Tanium

By Amit Chowdhry ● Apr 3, 2020

Okta, a leading independent provider of identity for the enterprise, announced that it signed partnerships with VMware, CrowdStrike, and Tanium.

StartEngine: ‘Shark Tank’ Investor Kevin O’Leary Joins As Strategic Advisor

By Annie Baker ● Apr 2, 2020

Leading equity crowdfunding platform StartEngine Crowdfunding announced it is partnering with “Shark Tank” investor and entrepreneur Kevin O’Leary.

General Catalyst Locks Down $2.3 Billion In Commitments For 3 Funds

By Amit Chowdhry ● Apr 2, 2020

Venture capital firm General Catalyst announced that it raised $2.3 billion in capital commitments across 3 funds.

Vroom Receives $450 Million Floorplan Commitment From Ally Financial

By Annie Baker ● Apr 1, 2020

Vroom, an e-commerce platform offering a better way to buy and sell used vehicles, announced a $450 million inventory financing relationship with Ally Financial.

Communication And Automation Platform Orion Labs Raises $29 Million Led By Dell

By Noah Long ● Apr 1, 2020

Orion Labs, the leading SaaS communication and automation platform for the deskless and frontline workforce, announced it raised $29 million.

Cybersecurity Asset Company Axonius Raises $58 Million Led By Lightspeed

By Amit Chowdhry ● Apr 1, 2020

Cybersecurity asset management company Axonius announced it has raised $58 million in Series C funding led by Lightspeed.

On-Device AI Solutions Company Anagog Closes $10 Million In Funding

By Noah Long ● Apr 1, 2020

Anagog, the pioneer of on-device artificial intelligence solutions, announced it raised an initial $10 million Series-C round of funding.

Supply Chain Software Company Slync.io Secures $11 Million In Funding

By Amit Chowdhry ● Apr 1, 2020

Slync.io, the first purpose-built operating system for global logistics, announced it raised $11 million. These are the details about the deal.

Cue Health Awarded $13 Million Contract For COVID-19 Test By BARDA

By Dan Anderson ● Apr 1, 2020

Cue Health announced it has been awarded a $13 million contract to accelerate the development of detecting SARS-CoV-2, the virus causing COVID-19.

Immersive Learning Platform Strivr Raises $30 Million

By Noah Long ● Apr 1, 2020

Immersive learning platform company Strivr announced it raised $30 million in Series B funding led by Georgian Partners.

Food Pre-Ordering Service Allset Raises $8.25 Million

By Annie Baker ● Apr 1, 2020

Los Angeles-based food pre-ordering service Allset announced it has raised $8.25 million in Series B funding led by EBRD.

Digital Health Company AristaMD Closes $18 Million In Funding

By Amit Chowdhry ● Apr 1, 2020

Digital health company AristaMD announced it has raised $18 million in Series B funding led by Cigna Ventures and MemorialCare Innovation Fund.

ModelOp Raises $6 Million Led By Valley Capital Partners

By Noah Long ● Apr 1, 2020

ModelOps software pioneer ModelOp announced it raised $6 million in Series A funding led by Valley Capital Partners.

Xerox Drops $34 Billion Acquisition Pursuit Of HP

By Amit Chowdhry ● Apr 1, 2020

Xerox has announced it is withdrawing its tender offer to acquire HP and will no longer seek to nominate a slate of candidates to HP’s board of directors.

Why Palo Alto Networks Is Buying CloudGenix For $420 Million

By Amit Chowdhry ● Apr 1, 2020

Global cybersecurity company Palo Alto Networks announced it entered into a definitive agreement to acquire CloudGenix for $420 million.

WeWork Sells Off Meetup To Investor Consortium Led By Kevin Ryan’s AlleyCorp

By Amit Chowdhry ● Apr 1, 2020

Social media platform Meetup announced it has been acquired by a consortium of investors led by AlleyCorp. These are the details.

Microfluidics Company CellFE Raises $4.8 Million In Seed Funding

By Annie Baker ● Apr 1, 2020

CellFE, a company that is developing a microfluidics-based device for delivering gene-editing molecules, announced it raised $4.8 million in Series Seed funding.

Self-Driving Industrial Vehicle Company Seegrid Secures $25 Million

By Dan Anderson ● Mar 31, 2020

Seegrid, a leader in self-driving industrial vehicles for material handling, announced it raised $25 million in growth equity investment from G2VP.

Chinese Online Education Company Yuanfudao Raises $1 Billion

By Amit Chowdhry ● Mar 31, 2020

Online education company Yuanfudao has raised $1 billion in funding led by Tencent Holdings and Hillhouse Capital Group.

Microsoft Launches New Microsoft 365 Personal and Family Subscriptions

By Amit Chowdhry ● Mar 31, 2020

Microsoft announced it has launched new Microsoft 365 Personal and Family subscriptions. Plus Microsoft announced dozens of new features.

JPMorgan Raising Up To $10 Billion For Alternative Investments

By Annie Baker ● Mar 30, 2020

The alternative investments unit of JPMorgan Chase & Co is reportedly planning to raise up to $10 billion over the next couple of months.

Via: $200 Million Funding, $2.25 Billion Valuation, Noam Ohana Joins Board

By Amit Chowdhry ● Mar 30, 2020

Shared ride-hailing services company Via Transportation announced it raised $200 million in Series E funding at a $2.25 billion valuation.

Johnson & Johnson Is Investing $1 Billion In The Development Of COVID-19 Vaccines

By Amit Chowdhry ● Mar 30, 2020

Johnson & Johnson is ramping up its capacity for producing 1 billion doses of an experimental lead vaccine candidate for SARS-CoV-2 -- known as coronavirus.

Online Learning Platform Preply Raises $10 Million

By Dan Anderson ● Mar 30, 2020

Online learning company Preply announced it has raised $10 million in funding. These are the details.

UBS CEO Sergio Ermotti Reportedly Donates $1 Million For Combating COVID-19

By Noah Long ● Mar 30, 2020

UBS chief executive officer Sergio Ermotti has reportedly donated 1 million Swiss francs (about $1.05 million) for combating coronavirus.

Facebook Commits $100 Million To News Outlets

By Annie Baker ● Mar 30, 2020

Facebook is committing $100 million in grant money and promised ad spending for helping news outlets dealing with financial struggles due to the COVID-19 outbreak.

Rumor: Fitbit Charge 4 May Have GPS, NFC, And Sleep Tracker

By Amit Chowdhry ● Mar 30, 2020

There are rumors that Google subsidiary Fitbit will be releasing the Fitbit Charge 4 later this year. These are the details.

Bright.md: $8 Million In Funding And Karen Page Joins Board

By Amit Chowdhry ● Mar 30, 2020

Leading healthcare automation company Bright.md announced it raised $8 million in funding and Karen Page is joining the board.

Microsoft Teams Has Seen A 775% Increase In Regions With Social Distancing Enforced (Updated)

By Amit Chowdhry ● Mar 30, 2020

Microsoft is seeing a major increase in its cloud services across regions that have enforced social distancing or shelter in place orders.