Archives

Synopsys (SNPS) Appoints Jeannine Sargent To Board of Directors

By Amit Chowdhry ● Sep 4, 2020

Synopsys, Inc. (Nasdaq: SNPS) announced recently that it appointed Jeannine Sargent to its board of directors.

Why Kimberly Clark (KMB) Is Buying Softex Indonesia For $1.2 Billion

By Amit Chowdhry ● Sep 4, 2020

Kimberly Clark Corp (NYSE: KMB) recently announced it is buying Softex Indonesia for $1.2 billion in cash from a group of shareholders including CVC Capital Partners Asia Pacific IV.

GM And Honda Sign Strategic Partnership

By Noah Long ● Sep 4, 2020

General Motors Company (NYSE: GM) and Honda Motor Co. (NYSE: HMC) recently signed a non-binding memorandum of understanding for establishing a North American automotive alliance.

Evogene (EVGN) Raises $10 Million In Equity Led Investment From ARK And Alpha Capital

By Amit Chowdhry ● Sep 3, 2020

Leading computational biology company Evogene Ltd. (NASDAQ: EVGN) (TASE: EVGN.TA) announced it has raised $10 million in equity led investment from ARK Investment Management and Alpha Capital Anstalt.

Remote Developer Platform Turing Raises $14 Million In Seed Funding Round

By Amit Chowdhry ● Sep 3, 2020

Turing.com — an automated platform that lets companies cut the time it takes to hire software engineers from months to days — announced recently that it raised a $14 million seed funding round.

Boundless Immigration: $7.5 Million Funding And RapidVisa Acquisition

By Amit Chowdhry ● Sep 3, 2020

Boundless Immigration — an organization that empowers families to navigate the immigration system more confidently, rapidly, and affordably — announced it raised $7.5 million in funding and the acquisition of RapidVisa.

Pharmapacks Raises $40 Million In Bridge Round Financing

By Dan Anderson ● Sep 3, 2020

Pharmapacks — a leading ecommerce enablement platform and retail seller for brands across major ecommerce marketplaces — announced that it closed a $40 million bridge round financing.

Skillz To Go Public At $3.5 Billion Valuation Through Deal With Flying Eagle Acquisition (FEAC)

By Amit Chowdhry ● Sep 3, 2020

Skillz and Flying Eagle Acquisition Corp. (NYSE: FEAC), a publicly-traded special purpose acquisition company (SPAC) announced to a business combination that will result in Skillz becoming a publicly-listed company.

Auto Shop Software Company Shopmonkey Raises $25 Million

By Dan Anderson ● Sep 3, 2020

Shopmonkey — a software company that serves the automotive industry — announced that it has raised $25 million in Series B funding led by Bessemer Venture Partners.

Erasca: Series B Funding Round Extended To $236 Million

By Annie Baker ● Sep 2, 2020

Erasca — a company that is on a mission to erase cancer — announced recently that it completed a $36 million extension of its Series B funding round.

Walmart Unveils Details About Walmart+ Subscription Service

By Amit Chowdhry ● Sep 2, 2020

Walmart recently announced details about its new membership program, which combines in-store and online benefits in order to save money for its customers.

DraftKings (DKNG): Michael Jordan Joins As Advisor

By Amit Chowdhry ● Sep 2, 2020

Draftkings Inc (NASDAQ: DKNG) announced that Michael Jordan has joined the company as a special advisor to the board of directors.

ReliaQuest Raises More Than $300 Million In Growth Financing

By Dan Anderson ● Sep 2, 2020

ReliaQuest — an advanced cybersecurity managed service and intelligence platform for global enterprises — announced that it has raised more than $300 million.

Gogo Selling Its Commercial Aviation Business To Intelsat For $400 Million In Cash

By Annie Baker ● Sep 2, 2020

Gogo recently announced it has entered into a definitive agreement to sell its Commercial Aviation (CA) business to Intelsat S.A. for $400 million in cash.

Reid Hoffman, Mark Pincus, And Michael Thompson Looking To Raise $600 Million For SPAC

By Amit Chowdhry ● Sep 2, 2020

Reid Hoffman, Mark Pincus, and Michael Thompson have launched a new special purpose acquisition company (SPAC) called Reinvent Technology Partners.

Ionis Pharmaceuticals (IONS) To Buy Remaining Stake In Akcea Therapeutics (AKCA)

By Amit Chowdhry ● Sep 1, 2020

Ionis Pharmaceuticals, Inc. (NASDAQ: IONS) and Akcea Therapeutics, Inc. (NASDAQ: AKCA) recently announced an acquisition deal. These are the details.

Bayer AG (BAYRY) Is Buying Vitamin Company Care/of In A $225 Million Deal: Report

By Annie Baker ● Sep 1, 2020

Bayer AG (OTCMKTS: BAYRY) is reportedly going to buy 70% of vitamin company Care/of in a deal valued at $225 million.

How Chipotle (CMG) Is Utilizing Fundraising Technology To Help Under-Resourced Students

By Noah Long ● Sep 1, 2020

Chipotle Mexican Grill, Inc. (NYSE: CMG) recently announced it is utilizing its new fundraising technology to help support under-resourced students returning to school.

CD&R Buying Epicor Software From KKR For $4.7 Billion

By Dan Anderson ● Sep 1, 2020

Clayton, Dubilier & Rice, KKR & Co Inc (NYSE: KKR), and Epicor Software Corporation recently announced a definitive agreement where CD&R funds will buy Epicor from KKR for $4.7 billion.

PayPal (PYPL) Announces ‘Pay In 4’ Installment Solutions

By Amit Chowdhry ● Sep 1, 2020

Paypal Holdings Inc (NASDAQ: PYPL) recently announced "Pay in 4," which is a short-term installment offering for customers in the U.S.

Warby Parker: $245 Million And Reported $3 Billion Valuation

By Amit Chowdhry ● Aug 31, 2020

Online prescription glasses and sunglasses retailer Warby Parker recently announced that it closed $245 million in funding from D1 Capital Partners, Durable Capital Partners, T. Rowe Price, and Baillie Gifford.

PrizePool Raises $4.25 Million To Reward People For Saving

By Annie Baker ● Aug 31, 2020

PrizePool recently announced a seed round of funding of $4.25 million led by Accomplice, Bling Capital, Coatue, SciFi VC, and World Innovation Lab, and several others.

Nestle (NSRGY) Spending $2 Billion To Gain Full Ownership Of Aimmune Therapeutics (AIMT)

By Amit Chowdhry ● Aug 31, 2020

Today Nestlé S.A. (NSRGY) announced it will be paying $2 billion to gain full ownership of Aimmune Therapeutics Inc (NASDAQ: AIMT). These are the details.

Data Streaming Platform Narrative Closes $8.5 Million

By Noah Long ● Aug 31, 2020

Narrative — a software company that radically simplifies the acquisition and distribution of data announced it has raised an $8.5 million Series A funding round led by G20 Ventures.

Organizational Management Platform ChartHop Secures $14 Million

By Amit Chowdhry ● Aug 31, 2020

Organizational management platform ChartHop recently announced it raised $14 million in a Series A round of funding led by Andreessen Horowitz.

Strategic Financing Tools Company Stratify Raises $4.9 Million

By Annie Baker ● Aug 31, 2020

Stratify — a company that is focused on bringing a collaborative and connected approach to strategic finance — announced that it has raised $4.9 million in a Series Seed investment.

Abbott Laboratories (ABT): Asymptomatic People Testing BinaxNOW In Order To Expand FDA Authorization

By Amit Chowdhry ● Aug 30, 2020

Abbott Laboratories (NYSE: ABT) is in the process of testing its rapid coronavirus test on asymptomatic people in order to get to the next step of expanding FDA authorization.

Esusu: How This Company Is Dismantling Barriers To Housing

By Amit Chowdhry ● Aug 30, 2020

Esusu, a leading platform that is dismantling barriers to housing, announced it has closed $2.3 million in seed extension funding.

Social Investing App Public.com Secures Funding From Scott Galloway

By Amit Chowdhry ● Aug 30, 2020

Social investing app Public.com announced it has secured funding from Scott Galloway.

AI/ML Model Management Company Verta Raises $10 Million

By Amit Chowdhry ● Aug 30, 2020

AI/ML model management and operations company Verta announced it has raised $10 million in Series A funding led by Intel Capital.