Archives

RNA Therapeutics Company Korro Bio Raises $91.5 Million

By Dan Anderson ● Sep 14, 2020

RNA therapeutics company Korro Bio announced recently that it has raised $91.5 million in a Series A funding round.

Verizon (VZ) Buying Tracfone In A Deal Valued At Over $6 Billion

By Amit Chowdhry ● Sep 14, 2020

Verizon (NYSE: VZ) announced it entered into an agreement with America Movil to buy Tracfone in a deal valued at over $6 billion. These are the details.

Self-Funded Health Insurance Company Sana Benefits Secures $20.8 Million

By Annie Baker ● Sep 14, 2020

Sana Benefits — a provider of self-funded health insurance for small businesses — announced that it has closed $20.8 million in Series A funding led by Gigafund.

ViacomCBS (VIAC) Selling CNET For $500 Million To Red Ventures

By Amit Chowdhry ● Sep 14, 2020

Red Ventures confirmed today that it is buying CNET Media Group from ViacomCBS Inc. (NASDAQ:VIAC) for $500 million. These are the details.

Casma Therapeutics Raises $50 Million In Series B

By Noah Long ● Sep 14, 2020

Casma Therapeutics — a biotechnology company harnessing autophagy and the lysosome to design powerful new medicines — announced it has raised $50 million in Series B funding.

Oracle (ORCL) Wins Deal To Become TikTok’s U.S. Partner: UPDATE

By Amit Chowdhry ● Sep 13, 2020

ByteDance has reportedly picked Oracle Corporation (NYSE: ORCL) to be its U.S. technology partner for TikTok.

CONFIRMED: NVIDIA (NVDA) Is Buying ARM From SoftBank For $40 Billion

By Amit Chowdhry ● Sep 13, 2020

NVIDIA Corporation (NASDAQ: NVDA) has confirmed to Pulse 2.0 about a deal to buy British chipmaker Arm Holdings from SoftBank Group Corp (OTCMKTS: SFTBY) and the SoftBank Vision Fund in a deal valued at $40 billion.

Snyk: $200 Million Funding And Over $2.6 Billion Valuation

By Noah Long ● Sep 13, 2020

Developer-first security company Snyk announced it has raised $200 million led by Addition. These are the details.

AaDya Security: $2.7 Million Funding And Cybersecurity Platform Marzo4 Launch

By Amit Chowdhry ● Sep 13, 2020

AaDya Security, a Detroit-based cybersecurity platform company, announced recently it has closed $2.7 million in funding and launched an all-in-one cybersecurity platform called Marzo4.

Autonomous Demand Generation Company Metadata.io Raises $6.5 Million

By Amit Chowdhry ● Sep 13, 2020

Autonomous demand generation platform Metadata.io announced it raised $6.5 million in an oversubscribed Series A funding round led by Resolute Ventures.

Sprinklr: $200 Million And $2.7 Billion Valuation

By Amit Chowdhry ● Sep 13, 2020

Customer Experience Management (CXM) platform Sprinklr announced that it has raised $200 million at a $2.7 billion valuation from Hellman & Friedman (H&F) and secured an additional $150 million in convertible securities from Sixth Street Growth.

Delphi (DLPH) Secures Premium European OEM To Supply 800-Volt Inverters Of BEVs

By Dan Anderson ● Sep 13, 2020

Delphi Technologies PLC (NYSE: DLPH) — a global provider of automotive propulsion systems — announced recently that it achieved a major win with a premium European OEM to supply its 800-volt inverters for the OEM's next generation of battery electric vehicles (BEVs).

Gilead Sciences (GILD) Reportedly Planning To Buy Immunomedics (IMMU) For Over $20 Billion

By Amit Chowdhry ● Sep 13, 2020

Gilead Sciences, Inc. (NASDAQ: GILD) is reportedly planning to buy Immunomedics, Inc. (NASDAQ: IMMU) for over $20 billion, according to sources with The Wall Street Journal.

AstraZeneca (AZN) Resuming UK Trials Of COVID-19 Vaccine

By Annie Baker ● Sep 12, 2020

AstraZeneca plc (NYSE: AZN) announced it resumed British clinical trials of its COVID-19 vaccine (AZD1222) after receiving clearance from the UK regulatory agency Medicines Health Regulatory Authority (MHRA).

Payroll And Compliance Platform Deel Raises $30 Million

By Amit Chowdhry ● Sep 12, 2020

Payroll and compliance platform company Deel announced it has raised $30 million in Series B funding led by Spark Capital.

NVIDIA (NVDA) Near Deal To Buy Arm From SoftBank (SFTBY) For Over $40 Billion: WSJ

By Amit Chowdhry ● Sep 12, 2020

NVIDIA Corporation (NASDAQ: NVDA) is reportedly nearing a deal to acquire British chipmaker Arm Holdings from SoftBank Group Corp (OTCMKTS: SFTBY) for over $40 billion, according to sources with The Wall Street Journal.

Truepill: $75 Million In Funding And Nearly $200 Million In Annual Revenue

By Amit Chowdhry ● Sep 12, 2020

Truepill — a healthcare services company that is known for offering telehealth and pharmacy fulfillment — made a couple of major announcements this week. These are the details.

How Walmart (WMT) Is Incentivizing Suppliers To Make On-Time Deliveries, Starting September 15

By Amit Chowdhry ● Sep 12, 2020

Walmart is going to start requiring suppliers and carriers to deliver all orders as required and by their “must-arrive-by” dates 98% of the time.

Citigroup (C): Jane Fraser Named As CEO And Carla Zakhem-Hassan As CMO

By Amit Chowdhry ● Sep 12, 2020

Citigroup Inc (NYSE: C) announced it has named Jane Fraser as CEO — who is the first woman to lead a major US bank. And Carla Zakhem-Hassan has been named CMO of the company.

Amazon.com (AMZN): Ukonwa Ojo Named As CMO For Prime Video And Studios

By Amit Chowdhry ● Sep 12, 2020

Amazon.com, Inc. (NASDAQ: AMZN) has named Ukonwa Ojo as the chief marketing officer for Prime Video and Amazon Studios.

JPMorgan Chase (JPM) Forms Team To Trade Shares Of Private Companies Nearing IPO Process

By Amit Chowdhry ● Sep 11, 2020

JPMorgan Chase & Co. (NYSE: JPM) has launched a new team for trading shares of companies that are close to having highly anticipated initial public offerings.

Cybersecurity Validation Company Pcysys Raises $25 Million

By Annie Baker ● Sep 11, 2020

Cybersecurity validation company Pcysys has announced that it has completed a $25 million Series B round of funding led by Insight Partners.

Netflix (NFLX): Reed Hastings Releases New Book And Key Content Team Changes

By Amit Chowdhry ● Sep 11, 2020

This past week, Netflix Inc (NASDAQ: NFLX) co-CEO Reed Hastings released a new book and the company announced key changes for its content team.

Walt Disney Co (DIS): Goal To Reopen Over Half Of Hotels By End Of Year And Pleased With ‘Mulan’ Results

By Dan Anderson ● Sep 11, 2020

Walt Disney Co (NYSE: DIS) announced it has a plan to reopen over half of its hotels by the end of the year. And the company has been pleased with the Mulan results.

Sumo Logic Plans To Raise Over $310 Million In IPO

By Amit Chowdhry ● Sep 11, 2020

Machine data analytics company Sumo Logic is planning to raise over $310 million in a U.S. initial public offering (IPO). These are the details.

How Bank of America (BAC) Is Directing $300 Million To Advance Racial Equality

By Dan Anderson ● Sep 11, 2020

This is how Bank of America Corp (NYSE: BAC) is directing $300 million out of the $1 billion commitment to advance racial equality and economic opportunity.

Infoblox Receives Significant Investment From Warburg Pincus

By Noah Long ● Sep 11, 2020

Infoblox — a leader in Secure Cloud-Managed Network Services — announced that it has secured a significant investment from Warburg Pincus.

Fortive (FTV) Subsidiary Fluke Leads Investment In Everactive

By Amit Chowdhry ● Sep 11, 2020

Fluke Corporation, a subsidiary of Fortive Corporation (NYSE: FTV) recently announced that it led an investment in Everactive.

IBM Signs Noteworthy Deals With Schlumberger (SLB) And ESPN

By Amit Chowdhry ● Sep 10, 2020

IBM (NYSE: IBM) has signed noteworthy deals with Schlumberger NV (NYSE: SLB) and ESPN. These are the details.

Why Progress (PRGS) Is Buying Chef For $220 Million In Cash

By Amit Chowdhry ● Sep 10, 2020

Progress recently announced it entered an agreement to buy Chef for $220 million in cash. This is why.