Archives

WeWork Is Suing SoftBank For Cancelling $3 Billion Rescue Plan

By Amit Chowdhry ● Apr 8, 2020

Commercial real estate company WeWork is suing SoftBank for canceling on the $3 billion rescue plan.

AT&T Secures $5.5 Billion Loan From 12 Banks

By Noah Long ● Apr 8, 2020

AT&T announced it secured a $5.5 billion deal with 12 banks. These are the details.

Data Privacy Platform Company Privitar Closes $80 Million Led By Warburg Pincus

By Amit Chowdhry ● Apr 7, 2020

Leading data privacy platform provider Privitar announced it raised $80 million in Series C funding led by Warburg Pincus.

Foursquare Is Merging With Factual

By Dan Anderson ● Apr 7, 2020

Location platform company Foursquare announced it is merging with Factual. These are the details.

Report: Apple Might Be Buying NextVR For About $100 Million

By Noah Long ● Apr 7, 2020

Apple is reportedly planning to buy virtual reality streaming service NextVR for a price of about $100 million

GlaxoSmithKline Invests $250 Million In Vir Biotechnology As Part Of A Strategic Deal

By Amit Chowdhry ● Apr 7, 2020

GlaxoSmithKline and Vir Biotechnology announced they have an agreement to enter a partnership to research and develop solutions for coronaviruses. And GSK will be investing $250 million in Vir.

Voxel51 Launches Physical Distancing Index Tool

By Amit Chowdhry ● Apr 7, 2020

Voxel51 has developed a Physical Distancing Index tool that assigns a score which helps people understand and compare how the coronavirus is changing social behaviors.

WhatsApp Limits Forwards To Deter Misinformation

By Amit Chowdhry ● Apr 7, 2020

Facebook’s WhatsApp has seen a surge in usage and now the company is capping forwards to deter misinformation.

Digital Workplace Frontline Employee Solutions Company WorkJam Raises $50 Million

By Annie Baker ● Apr 7, 2020

WorkJam, a leading digital workplace solutions provider for organizations with frontline employees, announced it raised $50 million.

Visa Foundation Is Committing $210 Million For COVID-19 Effects

By Noah Long ● Apr 7, 2020

The Visa Foundation announced a commitment of two programs totaling $210 million to support small and micro-businesses. These are the details.

Bill Gates Plans To Fund Several Potential Coronavirus Vaccines At The Same Time

By Annie Baker ● Apr 7, 2020

Microsoft co-founder Bill Gates is planning to fund the development of seven different COVID-19 (novel coronavirus) vaccines at the same time.

Mental Health Company SonderMind Closes $27 Million Led By General Catalyst

By Dan Anderson ● Apr 7, 2020

Denver-based mental health company SonderMind announced it raised $27 million in Series B funding led by General Catalyst.

Airbnb Raising $1 Billion From Silver Lake And Sixth Street Partners

By Amit Chowdhry ● Apr 7, 2020

Airbnb has announced that Silver Lake and Sixth Street Partners will invest $1 billion into the company in a combination of debt and equity securities.

Corporate VPN Company Tailscale Launches With $3 Million In Funding

By Amit Chowdhry ● Apr 7, 2020

Tailscale, a new kind of corporate VPN, has launched to help remote teams securely access the services they need without the long setup times of traditional VPNs. And it raised $3 million in funding.

Haniel Buys A Major Stake In Emma

By Annie Baker ● Apr 7, 2020

Franz B & Cie (Haniel) is acquiring a 50.1% stake in Emma – The Sleep Company (Bettzeit). These are the details.

Chinese AI Company 4Paradigm Raises $230 Million

By Dan Anderson ● Apr 7, 2020

Chinese artificial intelligence company 4Paradigm announced it raised $230 million in series C+ funding with a post-money valuation of nearly $2 billion.

India-Based Payments Gateway Company JusPay Raises $21.6 Million

By Noah Long ● Apr 7, 2020

JusPay, a Bengaluru, India-based payments gateway company, announced it has raised $21.6 million in a Series B round of funding.

Susan And Michael Dell Donating $100 Million For Combating COVID-19

By Amit Chowdhry ● Apr 7, 2020

Billionaire entrepreneur Michael Dell and wife Susan Dell are donating $100 million through their charitable foundation to combat the effects of COVID-19.

How To Make A Mask: Tutorial From The CDC

By Amit Chowdhry ● Apr 7, 2020

Dr. Jerome Adams, the 20th Surgeon General of the United States, has put together a tutorial about how to make a mask. Here are the details.

Apple Sources 20 Million Masks For Medical Workers

By Amit Chowdhry ● Apr 6, 2020

Apple CEO Tim Cook has announced that the company has sourced 20 million masks for medical workers in response to the COVID-19 outbreak.

Open Banking Company Yapily Raises $13 Million

By Annie Baker ● Apr 6, 2020

Financial technology company Yapily announced it raised $13 million in Series A funding. These are the details.

Social Research Platform Pulse Raises $6.5 Million Led By AV8 Ventures

By Dan Anderson ● Apr 6, 2020

Social research company Pulse announced that it raised $6.5 million in a Series A round of funding led by AV8 Ventures.

Notion: $50 Million Funding And $2 Billion Valuation

By Amit Chowdhry ● Apr 6, 2020

Online workspace company Notion recently announced it raised $50 million in funding at a $2 billion valuation. These are the details.

Skype Launches ‘Meet Now’ To Make Video Calls Easier

By Amit Chowdhry ● Apr 6, 2020

Skype (owned by Microsoft) has built a feature called “Meet Now,” which makes it easier to set up group video calls.

Google Doodle Says Thank You To Public Health Workers And Researchers

By Amit Chowdhry ● Apr 6, 2020

Today the Google Doodle was designed to show appreciation for public health workers and researchers in the scientific community.

Goldman Sachs Committing $300 Million To Combat COVID-19 Effects

By Amit Chowdhry ● Apr 6, 2020

The Goldman Sachs Group recently announced it is delivering $300 million across two separate initiatives.

Insight Partners Closes $9.5 Billion For Fund XI

By Amit Chowdhry ● Apr 6, 2020

Insight Partners has announced the final closing of Insight Partners XI, L.P. (Fund XI) at $9.5 billion.

Report: Apple Has Acquired AI Startup Voysis

By Annie Baker ● Apr 6, 2020

Apple has reportedly acquired Dublin, Ireland-based Voysis, an artificial intelligence startup that has built a platform for digital voice assistants to be able to interact better with natural language.

Susan Desmond-Hellmann Gets Elected To Pfizer Board

By Annie Baker ● Apr 5, 2020

Pfizer recently announced that it has elected Dr. Susan Desmond-Hellmann to its Board of Directors, effective immediately.

TrueBridge Capital Closes $190 Million In Commitments For Second Direct Investment Fund

By Amit Chowdhry ● Apr 5, 2020

Venture capital firm TrueBridge Capital Partners recently announced the close of its second direct investment fund called TrueBridge Direct Fund II.