Archives

Why Accenture Is Investing In Synadia (ACN)

By Noah Long ● Jul 12, 2020

Accenture Plc (NYSE: ACN) announced that it has made a strategic investment in Synadia Communications through Accenture Ventures.

Multi-Cloud Log Management Company LogDNA Closes $25 Million Series C Funding

By Dan Anderson ● Jul 12, 2020

LogDNA — the leading log management solution for DevOps teams — announced that it has closed a $25 million Series C round of funding.

Rivian Raises Massive $2.5 Billion Funding Round

By Amit Chowdhry ● Jul 11, 2020

Electric vehicle company Rivian announced it has closed $2.5 billion in funding led by funds and accounts advised by T. Rowe Price Associates.

Rocket Companies (Quicken Loans) IPO: All The Details You Need To Know

By Amit Chowdhry ● Jul 11, 2020

Rocket Companies (Quicken Loans), the largest mortgage lender in the U.S., announced it is preparing to go public soon. These are the details about the upcoming IPO.

Why Slack Technologies Inc (WORK) Is Buying Rimeto

By Amit Chowdhry ● Jul 10, 2020

Slack Technologies Inc (NYSE: WORK) recently announced that it is buying a business directory software company called Rimeto. These are the terms of the deal.

Perfect Day Expands Series C Funding Round To $300 Million

By Annie Baker ● Jul 10, 2020

Pioneering animal-free dairy maker Perfect Day has announced the expansion of its Series C funding round to $300 million.

Livestreaming Shopping App Popshop Live Raises $3 Million

By Noah Long ● Jul 10, 2020

Popshop Live — a livestreaming shopping app at the intersection of social, e-commerce, and entertainment — announced that it has raised $3 million in funding.

Paylocity Holding (PCTY) Rolls Out New Product Features

By Dan Anderson ● Jul 10, 2020

Paylocity Holding Corp (NASDAQ: PCTY) — a leading provider of cloud-based HR and payroll software solutions — announced it launched new COVID-19 Return to Work products.

Blockchain Analysis Company Chainalysis Raises $13 Million

By Annie Baker ● Jul 9, 2020

Blockchain analysis company Chainalysis announced that it has raised $13 million in funding to expand its Series B round to $49 million.

Magic Leap Names Peggy Johnson As Chief Executive Officer, Effective August 1

By Amit Chowdhry ● Jul 9, 2020

Magic Leap announced that it has appointed Peggy Johnson as the company’s new Chief Executive Officer, effective August 1, 2020.

Cloud-To-Cloud Business Continuity Platform OwnBackup Raises $50 Million

By Noah Long ● Jul 9, 2020

OwnBackup — a leading cloud-to-cloud business continuity platform — announced $50 million in new funding.

Rev.com Names Wade Burgess As Chief Revenue Officer

By Amit Chowdhry ● Jul 9, 2020

Rev.com has announced that it has named Wade Burgess as Chief Revenue Officer of the company.

Digital Asset Liquidity Provider Wintermute Raises $2.8 Million

By Dan Anderson ● Jul 9, 2020

Wintermute — an algorithmic liquidity provider for digital assets — announced it has closed $2.8 million in Series A funding led by Lightspeed Venture Partners.

Virtual Care Provider Doctor On Demand Raises $75 Million

By Amit Chowdhry ● Jul 9, 2020

Doctor On Demand — one of the nation’s leading virtual care providers — announced that it has raised $75 million.

Apparel Marketplace Digitization Company CALA Raises $3 Million

By Annie Baker ● Jul 9, 2020

CALA, a managed marketplace that provides a plug and play infrastructure for launching fashion brands, announced it raised $3 million.

2U (TWOU) Partners With Amherst College To Bring Classes Online

By Noah Long ● Jul 9, 2020

Amherst College announced it is preparing for the fall semester by bringing some of its highest enrollment courses online through a partnership with 2U Inc (NASDAQ: TWOU).

AISIN Group Invests In StradVision Through Corporate VC Fund Managed By Pegasus Tech Ventures

By Dan Anderson ● Jul 8, 2020

StradVision — an innovator in vision processing technology for Autonomous Vehicles and advance driver assistance — announced a strategic investment from Pegasus Tech Ventures.

Itochu Corp (ITOCY) Bidding $5.4 Billion In Deal For Japan-Based FamilyMart (FYRTY)

By Noah Long ● Jul 8, 2020

Itochu Corp (OTCMKTS: ITOCY) announced that it is planning to take full control of convenience store chain FamilyMart Co. (OTCMKTS: FYRTY) through a tender offer valued at about 580.9 billion yen ($5.4 billion).

Qualcomm Reveals Details About Snapdragon 865 Plus 5G Mobile Platform (QCOM)

By Dan Anderson ● Jul 8, 2020

Qualcomm, Inc. (NASDAQ: QCOM) has revealed the details about the Qualcomm Snapdragon 865 Plus 5G Mobile Platform.

Zoom Video Communications (ZM) And ServiceNow (NOW) Sign Major Partnership

By Amit Chowdhry ● Jul 8, 2020

Zoom Video Communications, Inc. (NASDAQ: ZM) and ServiceNow Inc (NYSE: NOW) have announced a major partnership in the form of a commitment to each other’s technology solutions.

Kroger Co (KR) Makes Changes To Leadership Team

By Amit Chowdhry ● Jul 8, 2020

Kroger Co (NYSE: KR) has announced several changes to its leadership team. These are the details.

SecurityScorecard And Craft Sign Partnership To Protect Customer Supply Chains

By Annie Baker ● Jul 8, 2020

SecurityScorecard — the global leader in security ratings founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh — announced that it has signed a partnership with Craft.

Alphabet Partners With NVIDIA (NVDA) On Google Cloud Deal (GOOG, GOOGL)

By Amit Chowdhry ● Jul 8, 2020

Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) has partnered with NVIDIA Corporation (NASDAQ: NVDA) in a cloud computing deal. These are the details.

Tripadvisor Prices $500 Million Senior Notes Offering (TRIP)

By Noah Long ● Jul 8, 2020

Tripadvisor Inc (NASDAQ: TRIP) announced that it has priced an offering of $500 million aggregate principal amount of new 7% senior notes due 2025 in a private offering.

Microsoft Buying Orions Systems: Details About The Deal (MSFT)

By Amit Chowdhry ● Jul 8, 2020

Microsoft Corporation (NASDAQ: MSFT) announced it is buying Orions Systems for expanding Dynamics 365 capabilities. These are the details about the deal.

Why IBM Is Buying WDG Automation

By Amit Chowdhry ● Jul 8, 2020

IBM (NYSE: IBM) recently announced it reached a definitive agreement to buy Brazilian software provider of robotic process automation (RPA) WDG Soluções Em Sistemas E Automação De Processos LTDA (known as WDG Automation).

Gaming And Sports Content Streaming Company Caffeine Secures $113 Million

By Noah Long ● Jul 8, 2020

Caffeine has announced that Cox Enterprises, Fox Corporation, and Sanabil Investments have co-led a $113 million Series D investment in the company.

Intel To Invest Over $250 Million In Jio Platforms For $0.39% Stake

By Amit Chowdhry ● Jul 8, 2020

Chip giant Intel is investing over $250 million in India-based telecommunications company Jio Platforms for a 0.39% stake. These are the details.

AI-Based Fraud Detection Company FraudScope Closes $7 Million

By Dan Anderson ● Jul 7, 2020

FraudScope, an AI-based platform that helps health plans address the increasing problem of fraud, waste, and abuse, announced that it raised $7 million.

Banking Data Analytics Software Platform KlariVis Raises $2.5 Million

By Annie Baker ● Jul 7, 2020

KlariVis, a unique and proprietary data analytics software platform developed by bankers for bankers, announced that it has raised an oversubscribed $2.5 million seed round.