Archives

US Venture Partners: $340 Million Closed For Early-Stage Companies

By Amit Chowdhry ● Feb 12, 2020

Early-stage venture capital firm US Venture Partners (USVP) announced it closed USVP XII, which is a $340 million fund designed to invest in early-stage companies.

Digital Payments Platform Sezzle Passes 1 Million Active Customers

By Noah Long ● Feb 11, 2020

Digital payments platform Sezzle announced that it recently passed the one million mark for active end-customers.

EmployStream: $7 Million Funding And Evan Ufer Joins Board

By Amit Chowdhry ● Feb 11, 2020

EmployStream, the leading provider of onboarding automation to the staffing industry, announced it raised $7 million in Series B.

Artificial Lift Optimization Ambyint Raises $15 Million

By Dan Anderson ● Feb 11, 2020

Ambyint, the leader in AI-powered production and artificial lift optimization, announced that it raised $15 million in Series B funding led by Cottonwood Venture Partners.

Jeff Bronikowski Joins Apple As Head Of Strategic Music Initiatives

By Amit Chowdhry ● Feb 11, 2020

Apple has hired Jeff Bronikowski as its global head of strategic music initiatives. Bronikowski was previously an SVP at Warner Music Group.

ClearMetal: $31 Million, 400% Revenue Growth, Workforce Doubles

By Amit Chowdhry ● Feb 11, 2020

ClearMetal, a leader in Continuous Delivery Experience (CDX) for Supply Chain and Logistics solutions, announced it raised $15 million in funding led by Eclipse Ventures.

Data Agility Company MayaData Secures $26 Million In Funding

By Annie Baker ● Feb 11, 2020

MayaData, the company behind the leading Container Attached Storage (CAS) solution for Kubernetes called OpenEBS, announced it will raise $26 million from new and existing investors.

Payments Infrastructure Finix Closes $35 Million In Funding

By Noah Long ● Feb 11, 2020

Payments infrastructure platform Finix announced that it raised $35 million in Series B funding. These are the details about the funding.

Hinge Health: $90 Million Funding And Steve Kraus Joining Board

By Dan Anderson ● Feb 11, 2020

Hinge Health, a leading digital musculoskeletal (MSK) solution, announced it raised $90 million in funding led by Bessemer.

How Alto Pharmacy Plans To Use Its New $250 Million Funding Round

By Amit Chowdhry ● Feb 11, 2020

Leading digital pharmacy company Alto Pharmacy recently announced it raised $250 million in Series D funding. Here is how the funding will be used.

Sendoso: $40 Million Funding And 330% Revenue Growth

By Noah Long ● Feb 11, 2020

Leading Sending Platform Sendoso announced recently that it raised $40 million in Series B funding led by Oak HC/FT.

Consumer Insights Company Suzy Raises $12 Million

By Annie Baker ● Feb 11, 2020

Suzy, a leading on-demand consumer insights platform, announced it raised $12 million in Series C funding.

Merchant Investment Acquires Minority Stake In Wealth Advisor Growth Network

By Dan Anderson ● Feb 11, 2020

Merchant Investment Management recently announced it completed a transaction for taking a minority stake in the Wealth Advisor Growth Network.

KKR Hires Rob Salvagno From Cisco For Growth Equity Team

By Amit Chowdhry ● Feb 11, 2020

Global investment firm KKR recently announced it has hired Rob Salvagno from Cisco. These are the details about Salvagno joining KKR.

Why TTEC Is Buying Serendebyte

By Dan Anderson ● Feb 11, 2020

TTEC Holdings announced that it has acquired a majority interest in Serendebyte. These are the details about the deal.

IBM Selects Slack For Its 350,000 Employees

By Amit Chowdhry ● Feb 11, 2020

Slack has just won a major contract: IBM. This is a big win for Slack over Microsoft Teams.

Why Infosys Is Buying Simplus For $250 Million

By Amit Chowdhry ● Feb 11, 2020

Infosys recently announced a definitive agreement to acquire Simplus for a reported $250 million, which is a rapidly growing Salesforce Platinum Partner in the USA and Australia.

Community Development Financial Institution Tricolor Raises $30 Million

By Dan Anderson ● Feb 11, 2020

Tricolor recently announced it raised a $30 million preferred equity investment from a global institutional investor.

Certification-As-A-Service Platform Company SureSale Raises $7 Million

By Annie Baker ● Feb 11, 2020

SureSale, the first and only certification-as-a-service platform to create a high-quality standard for used vehicles, announced it raised $7 million.

Chris Lattner Is Joining SiFive As SVP Of Platform Engineering

By Amit Chowdhry ● Feb 11, 2020

SiFive, a leading provider of commercial RISC-V processor IP and silicon solutions, announced it is hiring Chris Lattner as the SVP of Platform Engineering.

Why Aon Is Buying Cytelligence

By Dan Anderson ● Feb 11, 2020

Risk management, insurance brokerage, reinsurance brokerage, and human resources solutions and outsourcing services Aon recently announced that it is buying Cytelligence.

T Cell Therapy Company Sonoma Biotherapeutics Raises $40 Million

By Dan Anderson ● Feb 11, 2020

Sonoma Biotherapeutics, a company that is developing regulatory T cell (Treg) therapies for autoimmune and degenerative diseases, announced recently that it raised $40 million.

Miles Everson Joins The Cleareye.ai Board

By Dan Anderson ● Feb 10, 2020

Cleareye.ai recently announced MBO Partners CEO and former PwC US Vice Chairman and Global Advisory and Consulting Leader Miles Everson has joined the board.

How FloQast Is Helping Accountants Close The Books Faster

By Dan Anderson ● Feb 10, 2020

FloQast, a provider of close management software created by accountants for accountants, announced it raised $40 million in Series C funding.

SiteMinder: Over $70 Million Pre-IPO Funding Round And $750 Million Valuation

By Amit Chowdhry ● Feb 10, 2020

SiteMinder is an Australian-based hotel guest acquisition and management cloud platform that recently raised more than $70 million at a $750 million valuation.

AI2: This Incubator Is Helping Develop AI-First Tech Startups

By Noah Long ● Feb 10, 2020

AI2 Incubator is a Seattle-based accelerator for startups that have an AI-first strategy, which recently raised $10 million in funding.

How Skylo Is Making It Easier To Connect To IoT Sensors

By Annie Baker ● Feb 10, 2020

Skylo is a company that is making the world’s most affordable and ubiquitous network that connects any machine or sensor. These are the details about the company.

Report: Elliott Management Invests $3 Billion In SoftBank

By Amit Chowdhry ● Feb 10, 2020

Activist hedge fund Elliott Management has reportedly invested $3 billion into Japanese holdings company SoftBank Group.

Pinterest: $1 Billion Annual Revenue Milestone And 2020 Plans

By Amit Chowdhry ● Feb 10, 2020

Pinterest announced its fourth-quarter revenue and profit last week. And the company revealed its total revenue jumped 46% to $400 million thus enabling the company to hit $1 billion for the year.

Report: Goldman Sachs Planning To Raise $8 Billion For Buyout Fund

By Amit Chowdhry ● Feb 10, 2020

Goldman Sachs is reportedly planning to raise $8 billion for its second buyout fund since the 2008 financial crisis.