Archives

Bart Grenier Becomes Head Of $3 Trillion Fidelity Asset Management Division

By Amit Chowdhry ● Dec 4, 2019

Fidelity Investments announced it named Bart Grenier as the head of its asset management division, which controls nearly $3 trillion in assets.

Rapyd: $20 Million In Funding And $1.2 Billion Valuation

By Dan Anderson ● Dec 4, 2019

London-based Rapyd announced that it has raised $20 million in funding at a $1.2 billion valuation, provided by Durable Capital Partners.

Why Uberflip Is Buying SnapApp

By Dan Anderson ● Dec 4, 2019

Leading cloud-based content experience platform Uberflip announced it is buying SnapApp. These are the details about the deal.

Sales Enablement Platform Highspot Raises $75 Million

By Dan Anderson ● Dec 4, 2019

Sales enablement platform company Highspot announced it raised $75 million in D-1 funding.

Accel Partners Sets Up $550 Million Fund For India Investments

By Amit Chowdhry ● Dec 4, 2019

Accel Partners has set up a $550 million sixth venture fund for investments in India.

Omar Hamoui Joins Mucker Capital As A General Partner

By Amit Chowdhry ● Dec 4, 2019

Mucker Capital has hired Omar Hamoui as a general partner to focus on post-seed and Series A rounds.

Priscilla Chan: Set Audacious Goals And ‘Think About Beyond What’s Possible’

By Amit Chowdhry ● Dec 4, 2019

Billionaire couple Priscilla Chan and Mark Zuckerberg recently opened up about their personal lives and work-life balance in an interview with CBS.

Sundar Pichai Promoted To Alphabet CEO As Larry Page And Sergey Brin Step Back

By Amit Chowdhry ● Dec 3, 2019

Alphabet founders Larry Page and Sergey Brin are stepping down as CEO and president. And Google CEO Sundar Pichai is getting promoted to CEO of Alphabet.

Figure Technologies Plans To Raise Over $100 Million

By Dan Anderson ● Dec 3, 2019

Figure Technologies is going to be raising over $100 million more, according to an SEC filing spotted by TechCrunch.

Bridgewater Associates Co-CEO Eileen Murray Stepping Down At The End Of Q1 2020

By Amit Chowdhry ● Dec 3, 2019

Bridgewater Associates announced that co-CEO Eileen Murray will be leaving the company as of the end of Q1 2020.

Amazon: $250,000 Outpost Rack Servers, Quantum Computing Service, AWS SageMaker Autopilot

By Amit Chowdhry ● Dec 3, 2019

At AWS re:Invent in Las Vegas, Amazon announced the new $250,000 Outpost server racks, the new AWS AutoPilot, and a quantum computing service.

How Microsoft Project Scarlett Has A Major Advantage

By Noah Long ● Dec 3, 2019

Microsoft head of Xbox Game Studios Matt Booty pointed out that Project Scarlett: backward compatibility.

Tim Cook: Apple Has Raised Over $220 Million To Combat AIDS

By Dan Anderson ● Dec 3, 2019

Apple CEO Tim Cook announced that the company has raised over $220 million to combat AIDS.

Facebook Launches A Tool For Transferring Photos To Google Photos

By Annie Baker ● Dec 3, 2019

Facebook has rolled out a new tool in Ireland that allows users to transfer photos from the social network to Google Photos.

Warren Buffett Bid $5 Billion For Tech Data Before Apollo Won The Deal

By Amit Chowdhry ● Dec 3, 2019

In an interview with The Wall Street Journal, Berkshire Hathaway chairman and CEO Warren Buffett said that he offered $5 billion for Tech Data before Apollo won the deal.

YouTube CEO Susan Wojcicki: 500 Hours Of Video Uploaded Every Minute

By Amit Chowdhry ● Dec 3, 2019

YouTube CEO Susan Wojcicki was recently interviewed on 60 minutes where she revealed a few milestones and the company's plans to address hateful content.

Ray Dalio Interviewed By Reid Hoffman: Find The Smartest People Who Disagree With You

By Amit Chowdhry ● Dec 2, 2019

Bridgewater Associates co-chief investment officer & co-chairman Ray Dalio was recently interviewed by Reid Hoffman. Here are some insights from their talk.

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.