Archives

Communication And Automation Platform Orion Labs Raises $29 Million Led By Dell

By Noah Long ● Apr 1, 2020

Orion Labs, the leading SaaS communication and automation platform for the deskless and frontline workforce, announced it raised $29 million.

Cybersecurity Asset Company Axonius Raises $58 Million Led By Lightspeed

By Amit Chowdhry ● Apr 1, 2020

Cybersecurity asset management company Axonius announced it has raised $58 million in Series C funding led by Lightspeed.

On-Device AI Solutions Company Anagog Closes $10 Million In Funding

By Noah Long ● Apr 1, 2020

Anagog, the pioneer of on-device artificial intelligence solutions, announced it raised an initial $10 million Series-C round of funding.

Supply Chain Software Company Slync.io Secures $11 Million In Funding

By Amit Chowdhry ● Apr 1, 2020

Slync.io, the first purpose-built operating system for global logistics, announced it raised $11 million. These are the details about the deal.

Cue Health Awarded $13 Million Contract For COVID-19 Test By BARDA

By Dan Anderson ● Apr 1, 2020

Cue Health announced it has been awarded a $13 million contract to accelerate the development of detecting SARS-CoV-2, the virus causing COVID-19.

Immersive Learning Platform Strivr Raises $30 Million

By Noah Long ● Apr 1, 2020

Immersive learning platform company Strivr announced it raised $30 million in Series B funding led by Georgian Partners.

Food Pre-Ordering Service Allset Raises $8.25 Million

By Annie Baker ● Apr 1, 2020

Los Angeles-based food pre-ordering service Allset announced it has raised $8.25 million in Series B funding led by EBRD.

Digital Health Company AristaMD Closes $18 Million In Funding

By Amit Chowdhry ● Apr 1, 2020

Digital health company AristaMD announced it has raised $18 million in Series B funding led by Cigna Ventures and MemorialCare Innovation Fund.

ModelOp Raises $6 Million Led By Valley Capital Partners

By Noah Long ● Apr 1, 2020

ModelOps software pioneer ModelOp announced it raised $6 million in Series A funding led by Valley Capital Partners.

Xerox Drops $34 Billion Acquisition Pursuit Of HP

By Amit Chowdhry ● Apr 1, 2020

Xerox has announced it is withdrawing its tender offer to acquire HP and will no longer seek to nominate a slate of candidates to HP’s board of directors.

Why Palo Alto Networks Is Buying CloudGenix For $420 Million

By Amit Chowdhry ● Apr 1, 2020

Global cybersecurity company Palo Alto Networks announced it entered into a definitive agreement to acquire CloudGenix for $420 million.

WeWork Sells Off Meetup To Investor Consortium Led By Kevin Ryan’s AlleyCorp

By Amit Chowdhry ● Apr 1, 2020

Social media platform Meetup announced it has been acquired by a consortium of investors led by AlleyCorp. These are the details.

Microfluidics Company CellFE Raises $4.8 Million In Seed Funding

By Annie Baker ● Apr 1, 2020

CellFE, a company that is developing a microfluidics-based device for delivering gene-editing molecules, announced it raised $4.8 million in Series Seed funding.

Self-Driving Industrial Vehicle Company Seegrid Secures $25 Million

By Dan Anderson ● Mar 31, 2020

Seegrid, a leader in self-driving industrial vehicles for material handling, announced it raised $25 million in growth equity investment from G2VP.

Chinese Online Education Company Yuanfudao Raises $1 Billion

By Amit Chowdhry ● Mar 31, 2020

Online education company Yuanfudao has raised $1 billion in funding led by Tencent Holdings and Hillhouse Capital Group.

Microsoft Launches New Microsoft 365 Personal and Family Subscriptions

By Amit Chowdhry ● Mar 31, 2020

Microsoft announced it has launched new Microsoft 365 Personal and Family subscriptions. Plus Microsoft announced dozens of new features.

JPMorgan Raising Up To $10 Billion For Alternative Investments

By Annie Baker ● Mar 30, 2020

The alternative investments unit of JPMorgan Chase & Co is reportedly planning to raise up to $10 billion over the next couple of months.

Via: $200 Million Funding, $2.25 Billion Valuation, Noam Ohana Joins Board

By Amit Chowdhry ● Mar 30, 2020

Shared ride-hailing services company Via Transportation announced it raised $200 million in Series E funding at a $2.25 billion valuation.

Johnson & Johnson Is Investing $1 Billion In The Development Of COVID-19 Vaccines

By Amit Chowdhry ● Mar 30, 2020

Johnson & Johnson is ramping up its capacity for producing 1 billion doses of an experimental lead vaccine candidate for SARS-CoV-2 -- known as coronavirus.

Online Learning Platform Preply Raises $10 Million

By Dan Anderson ● Mar 30, 2020

Online learning company Preply announced it has raised $10 million in funding. These are the details.

UBS CEO Sergio Ermotti Reportedly Donates $1 Million For Combating COVID-19

By Noah Long ● Mar 30, 2020

UBS chief executive officer Sergio Ermotti has reportedly donated 1 million Swiss francs (about $1.05 million) for combating coronavirus.

Facebook Commits $100 Million To News Outlets

By Annie Baker ● Mar 30, 2020

Facebook is committing $100 million in grant money and promised ad spending for helping news outlets dealing with financial struggles due to the COVID-19 outbreak.

Rumor: Fitbit Charge 4 May Have GPS, NFC, And Sleep Tracker

By Amit Chowdhry ● Mar 30, 2020

There are rumors that Google subsidiary Fitbit will be releasing the Fitbit Charge 4 later this year. These are the details.

Bright.md: $8 Million In Funding And Karen Page Joins Board

By Amit Chowdhry ● Mar 30, 2020

Leading healthcare automation company Bright.md announced it raised $8 million in funding and Karen Page is joining the board.

Microsoft Teams Has Seen A 775% Increase In Regions With Social Distancing Enforced (Updated)

By Amit Chowdhry ● Mar 30, 2020

Microsoft is seeing a major increase in its cloud services across regions that have enforced social distancing or shelter in place orders.

Gilead Is Expanding On Its Emergency Access To Coronavirus Drug

By Dan Anderson ● Mar 30, 2020

Gilead is expanding on its access to the experimental anti-coronavirus drug remdesivir in order to accelerate the emergency use for multiple severely ill patients.

Morgan Stanley: No Layoffs In 2020

By Dan Anderson ● Mar 28, 2020

Morgan Stanley’s employees do not have to worry about layoffs in 2020 due to the COVD-19 pandemic. These are the details.

Lockheed Martin Advances Over $50 Million To Suppliers

By Dan Anderson ● Mar 28, 2020

Defense company Lockheed Martin announced it was going to advance over $50 million to suppliers that were affected by the economic slowdown.

Driverless Car AI Software Company Helm.ai Raises $13 Million

By Noah Long ● Mar 28, 2020

Helm.ai recently announced it raised $13 million in seed funding. These are the details about Helm.ai's funding.

Chan Zuckerberg Initiative Committing $25 Million For COVID-19 Relief

By Annie Baker ● Mar 28, 2020

The Chan Zuckerberg Initiative (CZI) announced it committed $25 million to a research fund focused on developing treatments for COVID-19.