Archives

Storm Ventures Raises $130.4 Million For Sixth Fund

By Noah Long ● Dec 2, 2019

Menlo Park, California-based Storm Ventures announced it raised $130.4 million for its sixth fund, according to an SEC filing.

Black Friday Shoppers Have Spent $7.4 Billion In Online Sales

By Annie Baker ● Dec 2, 2019

Consumers have spent $7.4 billion in online spending over Black Friday, according to estimates from Adobe Analytics.

Silver Lake Names Egon Durban And Greg Mondre As First Co-CEOs

By Amit Chowdhry ● Dec 2, 2019

Private equity company Silver Lake announced it named managing directors Egon Durban and Greg Mondre as co-CEOs.

Morgan Stanley Investment Management Names Jill Wight As Managing Director

By Amit Chowdhry ● Dec 2, 2019

Morgan Stanley announced that it named Jill Wight as a managing director for Morgan Stanley Investment Management’s (MSIM) middle-market private equity investment team.

Forbes Media Has Acquired A Majority Stake In Quantalytics AI Labs

By Amit Chowdhry ● Dec 2, 2019

Forbes Media has acquired a majority stake in Quantalytics AI Labs (formerly known as Quantamize). These are the details.

Vinted: €128 Million Funding And More Than A $1 Billion Valuation

By Dan Anderson ● Dec 2, 2019

Lithuania-based second-hand clothing marketplace company Vinted has raised €128 million in funding at more than a $1 billion valuation.

Cognitive Data Capture Company Rossum Closes $4.5 Million In Funding

By Annie Baker ● Dec 2, 2019

Rossum, a Cognitive Data Capture company, announced it raised $4.5 million in seed funding.

SAR Raises $1 Million In Funding And Hires More Executives

By Dan Anderson ● Dec 2, 2019

Securities class action (SCA) data analytics software company SAR LLC announced it raised $1 million in seed capital.

Graham Partners Raises $645 Million For Fifth Fund

By Amit Chowdhry ● Dec 2, 2019

Newton Square, Pennsylvania-based venture firm Graham Partners announced it has raised $645 million for its fifth fund.

Hilary Schneider Becomes Shutterfly Head As Garrett Smallwood Gets Promoted To Wag! CEO

By Amit Chowdhry ● Dec 1, 2019

Hilary Schneider is departing from Wag! to become the CEO of Shutterfly as Garrett Smallwood is succeeding her.

E-Commerce Helpdesk Service Gorgias Raises $14 Million

By Annie Baker ● Dec 1, 2019

Gorgias, a helpdesk company founded by CEO Romain Lapeyre and CTO Alex Plugaro, announced it raised $14 million in Series A funding.

Amazon Alexa Gains A Medication Management Feature For Giant Eagle Customers

By Amit Chowdhry ● Dec 1, 2019

Amazon announced it has launched a medication management feature for Alexa in partnership with Giant Eagle Pharmacy.

Breach And Attack Simulation Platform Company Cymulate Closes $15 Million In Funding

By Annie Baker ● Nov 29, 2019

Cymulate, a leading SaaS-based Breach and Attack Simulation (BAS) platform company, announced it raised $15 million in funding led by Vertex Growth Fund.

Log Analytics Solution Company Coralogix Raises $10 Million

By Noah Long ● Nov 29, 2019

Coralogix, the provider of a leading ML-powered log analytics solution, announced it raised $10 million in Series A funding.

NYSE Aiming To Enable Companies To Raise Capital With Direct Listings

By Amit Chowdhry ● Nov 29, 2019

The New York Stock Exchange (NYSE) said it filed with the SEC to enable companies going public to raise capital through a direct listing.

Tray.io: $50 Million Funding At Over $600 Million Valuation

By Dan Anderson ● Nov 29, 2019

Tray.io, a company that built a General Automation Platform, announced it raised $50 million in Series C funding.

Cloud Commerce Provider VTEX Raises $140 Million In Funding

By Dan Anderson ● Nov 28, 2019

Leading e-commerce platform VTEX announced it raised $140 million in funding led by SoftBank's Latin America fund.

Arteza: $24 Million In Funding And 10x Revenue Growth In 2 Years

By Amit Chowdhry ● Nov 28, 2019

Leading direct-to-consumer arts and crafts supplies company Arteza announced it raised $24 million in Series A funding.

Video Communication Company Loom Raises $30 Million

By Amit Chowdhry ● Nov 28, 2019

Video communication app company Loom announced it raised $30 million in Series B funding led by Sequoia Capital.

Clocktower Sets Up Second Financial Services Innovation Venture Fund At About $70 Million

By Amit Chowdhry ● Nov 28, 2019

Clocktower Technology Ventures announced the final close of its second financial services innovation fund called Clocktower Technologies II L.P.

MiddleGame Ventures Sets Up $165 Million FinTech Fund

By Dan Anderson ● Nov 28, 2019

Fintech investment firm MiddleGame Ventures announced it has set up a new fund called Venture Fund I with a final close of $165 million.

Spanx Founder Sara Blakely: ‘Be The CEO Your Parents Always Wanted You To Marry’

By Annie Baker ● Nov 28, 2019

On a LinkedIn, Spanx founder Sara Blakely wrote a compelling post with advice about how to handle being single as you head home for the holidays.

CAVU Ventures Sets Up $250 Million Third Fund

By Amit Chowdhry ● Nov 28, 2019

Consumer goods investment firm CAVU Venture Partners announced it has closed its third flagship fund with $250 million.

NovaQuest Capital Closes $275 Million For Private Equity Fund

By Annie Baker ● Nov 28, 2019

Healthcare and life sciences focused private investment firm NovaQuest Capital Management has closed $275 million in total capital commitments for Fund I.

Microsoft CEO Satya Nadella And President Brad Smith On Keeping Languages Alive

By Amit Chowdhry ● Nov 28, 2019

Microsoft CEO Satya Nadella and president Brad Smith recently went to New Zealand for a company event and to oversee a language preservation project.

ZMC Raises $775 Million For Private Equity Fund III

By Amit Chowdhry ● Nov 28, 2019

Zelnick Media Capital (ZMC) announced that it closed ZMC III, L.P. and ZMC III Parallel, L.P. (together known as “Fund III”) at $775 million.

Facebook Buys ‘Beat Saber’ Developer Beat Games

By Amit Chowdhry ● Nov 27, 2019

Facebook announced it has acquired Beat Games, the game development studio known for the "Beat Saber" VR game.

Best Apple AirPods Black Friday 2019 Deals

By Amit Chowdhry ● Nov 27, 2019

Are you interested in buying Apple AirPods during Black Friday? Here are some of the best deals that are being offered.

Relationship App Company S’MORE Raises $1.1 Million In Seed Funding

By Amit Chowdhry ● Nov 27, 2019

Relationship dating app S’More (a.k.a. Something More) announced it raised $1.1 million in a seed round of funding.

Vivun Closes $3 Million In A Seed Funding Round

By Noah Long ● Nov 27, 2019

Vivun, the creator of the world’s first product for Presales, announced it raised $3 million in a seed round of funding led by Unusual Ventures.