Archives

Rockwell Automation Announces $400 Million Term Loan

By Noah Long ● Apr 21, 2020

Rockwell Automation, Inc. (NYSE: ROK) announced that it entered into a $400 million 364-day term loan agreement.

Marketing Data Intelligence Company Adverity Raises $30 Million

By Dan Anderson ● Apr 21, 2020

Adverity, a leading marketing data intelligence company, announced a Series C financing round of $30 million.

Fortnite Now Available Through The Google Play Store

By Dan Anderson ● Apr 21, 2020

Fortnite, the popular battle royale game developed by Epic Games, has launched on the Google Play Store. These are the details.

Training Platform Company Hone Raises $2.75 Million

By Annie Baker ● Apr 21, 2020

Hone, a popular training platform for modern teams, announced it raised a $2.75 million seed extension round.

Analyst: Netflix (NFLX) Stock ‘Looks Quite Attractive’

By Amit Chowdhry ● Apr 21, 2020

Netflix Inc (NASDAQ: NFLX) recently reported its earnings. In the earnings report, the streaming giant announced an increase of 15.8 million paid subscribers.

Biobot Analytics Raises $6.7 Million In Round Led By MIT’s The Engine

By Noah Long ● Apr 21, 2020

Biobot Analytics -- a technology company that deploys wastewater monitoring equipment -- announced it has raised $4.2 million.

Event Streaming Platform Confluent Raises $250 Million

By Amit Chowdhry ● Apr 21, 2020

Event streaming platform company Confluent announced it closed a $250 million Series E round led by Coatue Management.

ForgeRock: $100 Million ARR And $93.5 Million Funding

By Amit Chowdhry ● Apr 21, 2020

ForgeRock, the leading provider in digital identity, announced that it has completed a $93.5 million Series E round of funding. And it is now hitting $100 million in ARR.

Why Morningstar Is Buying Sustainalytics

By Amit Chowdhry ● Apr 21, 2020

Morningstar, Inc. (NASDAQ: MORN) -- a leading provider of independent investment research -- announced it has reached an agreement to buy Sustainalytics.

SAP Co-Chief Executive Officer Christian Klein To Be Sole CEO As Jennifer Morgan Departs

By Amit Chowdhry ● Apr 21, 2020

SAP SE (NYSE: SAP) has announced that Christian Klein, Co-Chief Executive Officer and member of the Executive Board, will now be the sole CEO of the company.

Collaborative Knowledge Platform Guru Raises $30 Million

By Annie Baker ● Apr 21, 2020

Philadelphia-based Guru announced it has raised $30 million in Series C funding led by Accel.

Walmart Selling Vudu To Fandango

By Annie Baker ● Apr 21, 2020

Retail giant Walmart announced it is selling on-demand streaming service Vudu to Fandango.

Accountable Care Organization Company Aledade Raises $64 Million

By Noah Long ● Apr 21, 2020

Aledade announced it has raised $64 million in Series C funding following the continued growth of its national network of physician-led Accountable Care Organizations (ACOs).

Wayfair Names Jim Miller As Chief Technology Officer

By Noah Long ● Apr 21, 2020

Home goods e-commerce company Wayfair Inc (NYSE: W) announced it named Jim Miller as Chief Technology Officer, making permanent a role he has held on an interim basis since August 2019.

Small Business Resources Service Ureeka Raises $8.6 Million

By Amit Chowdhry ● Apr 21, 2020

Ureeka, a community and platform that connects Next Wave Entrepreneurs to the human, financial, and technological capital, announced it has raised $8.6 million in funding.

Francisco Partners Planning To Raise $8 Billion Across Two Funds

By Amit Chowdhry ● Apr 20, 2020

Private equity firm Francisco Partners is planning to raise $8 billion across two funds: Francisco Partners Agility II, L.P. ($1.35 billion) and Francisco Partners VI, L.P. ($6.6 billion).

Report: Apollo Preparing Rackspace IPO At A Value Of Over $10 Billion

By Amit Chowdhry ● Apr 20, 2020

Apollo Global Management has reportedly registered Rackspace for an initial public offering (IPO), which would value the cloud services company at over $10 billion.

5G Network Deployment Company Movandi Raises $27 Million

By Annie Baker ● Apr 20, 2020

Movandi — a leader in new 5G Millimeter Wave (mmWave) networks — announced it has raised $27 million in Series C funding round.

Arbour Lane Capital Closes Second Fund At $1.2 Billion Hard Cap

By Dan Anderson ● Apr 20, 2020

Arbour Lane Capital Management, a private registered investment adviser focused primarily on opportunistic credit and special situation investments, announced it closed a second fund on its $1.2 billion hard cap.

Spike: This App Makes Email, Video Conferencing, And Collaboration Easier

By Amit Chowdhry ● Apr 20, 2020

Here is a review of Spike, an app that makes email, video conferencing, and collaboration easier.

Why Accenture Is Buying Gekko

By Amit Chowdhry ● Apr 20, 2020

Accenture Plc (NYSE: ACN) recently announced it is buying Gekko, a leading France-based Amazon Web Services (AWS) cloud services company.

IRS Clarifies ‘Payment Status Not Available’ For Stimulus Check (Updated)

By Amit Chowdhry ● Apr 20, 2020

The IRS has updated its Get My Payment app with clarification about the "payment status not available" message.

Clinical Trial Machine Learning Company Unlearn.AI Raises $12 Million

By Noah Long ● Apr 20, 2020

Unlearn.AI — the developer of the first machine-learning platform that creates Digital Twins used to populate Intelligent Control Arms in clinical studies — has announced that it has closed a $12 million Series A.

Updata Partners Closes $308 Million Software Growth Equity Fund

By Amit Chowdhry ● Apr 20, 2020

Updata Partners announced the final closing of Updata Partners VI, L.P. with aggregate capital commitments totaling over $308 million.

Novartis And US Drug Regulators Agree To A Malaria Drug Trial

By Amit Chowdhry ● Apr 20, 2020

Novartis AG (NYSE:NVS) has received clearance from the U.S. Food and Drug Administration to launch a randomized trial of malaria drug hydroxychloroquine against COVID-19.

Alibaba Is Investing $28 Billion In Cloud Services

By Annie Baker ● Apr 20, 2020

Alibaba Group Holding (NYSE:BABA) said it is going to invest 200 billion yuan ($28 billion) in its cloud infrastructure over three years.

Microsoft And UNICEF Launch Global Learning Platform For Addressing COVID-19 Crisis

By Amit Chowdhry ● Apr 20, 2020

Microsoft Corporation (NASDAQ: MSFT) and UNICEF have announced the expansion of a global learning platform to help children and youth affected by COVID-19 continue their education at home.

Supply Chain Data Platform Parsyl Raises $15 Million

By Dan Anderson ● Apr 20, 2020

Supply chain data platform company Parsyl announced it has raised $15 million and the launch of ColdCover by Parsyl Insurance.

Rt.Live: This Service Tracks How Fast COVID-19 Is Spreading

By Amit Chowdhry ● Apr 19, 2020

Rt.Live is a website built by Instagram founders Kevin Systrom and Mike Krieger, which tracks how fast COVID-19 is spreading.

Google Launches New Tool To Help Find Nearest COVID-19 Testing Facility

By Dan Anderson ● Apr 19, 2020

Google has launched a new tool that helps people find the nearest COVID-19 testing facility.