Archives

MIT-Born Crypto Company Floating Point Group Raises $2 Million

By Amit Chowdhry ● May 29, 2020

Floating Point Group (FPG), a company that simplifies how institutional traders deploy algorithmic systems for cryptocurrency trading, announced it has closed $2 million.

Smart Home Automation Company SmartRent Raises $60 Million

By Dan Anderson ● May 29, 2020

SmartRent, a provider of smart home automation for property owners, managers, developers, and residents, announced it raised $60 million in Series C funding.

Medical Device Company Siren Raises $11.8 Million

By Dan Anderson ● May 29, 2020

Siren, a medical device company focused on developing technology to embed microsensors within fabric in order to allow for mass production of affordable and washable smart textiles with remote patient monitoring applications, announced it raised $11.8 million.

Network Intelligence Platform Kentik Closes $23.5 Million In Funding

By Dan Anderson ● May 29, 2020

Kentik, a provider of the leading network intelligence platform, announced it has raised $23.5 million in growth funding led by Vistara Capital Partners.

Cloud-Based Voice Platform Company Aircall Secures $65 Million

By Annie Baker ● May 29, 2020

Aircall, a cloud-based voice platform that helps companies across the globe manage millions of customer support and sales calls every day, announced it raised $65 million.

Data Quality Monitoring Company Toro Raises $4 Million

By Dan Anderson ● May 29, 2020

Toro, a modern data quality monitoring solution built by former members of Uber's data platform team, announced it raised $4 million in seed funding co-led by Costanoa Ventures and Point72 Ventures.

Healthcare Automation Company Bright.md Closes $16.7 Million

By Dan Anderson ● May 29, 2020

Healthcare automation company Bright.md announced that it closed $16.7 million in Series C funding.

Student Loan Savings Company Splash Financial Raises $12.3 Million

By Noah Long ● May 29, 2020

Splash Financial, a leading student loan refinance marketplace that partners with credit unions and banks to help people get the best refinancing rates on their student loans, announced it closed $12.3 million.

Fusion Energy Company Commonwealth Fusion Systems Raises $84 Million

By Noah Long ● May 29, 2020

Commonwealth Fusion Systems (CFS), a company that is commercializing fusion energy, announced it has raised $84 million in A2 funding.

Thierry Delaporte Named As CEO Of Wipro Limited (WIT)

By Amit Chowdhry ● May 29, 2020

Wipro Limited (NYSE: WIT) announced it has named Thierry Delaporte as chief executive officer.

Cisco Systems (CSCO) Announces Plan To Buy ThousandEyes

By Amit Chowdhry ● May 29, 2020

Cisco Systems, Inc. (NASDAQ: CSCO) has announced its plan to buy Internet and Cloud intelligence platform company ThousandEyes. These are the details.

Harry Shum Becomes Chairman Of The Board At News Break

By Dan Anderson ● May 29, 2020

Intelligent local news platform News Break announced it has appointed Harry Shum to the chairman of the board.

Qualys (QLYS) Names Joo Mi Kim As New Chief Financial Officer

By Amit Chowdhry ● May 29, 2020

Cloud-based IT, security, and compliance solutions company Qualys Inc (NASDAQ: QLYS) announced it has appointed Joo Mi Kim as Chief Financial Officer.

Imperfect Foods Secures $72 Million To Reduce Food Waste

By Annie Baker ● May 28, 2020

Imperfect Foods announced recently that it raised $72 million in Series C funding led by Insight Partners.

Multicloud-To-Edge NoSQL Database Couchbase Raises $105 Million

By Amit Chowdhry ● May 28, 2020

Couchbase, the creator of an enterprise-class multicloud-to-edge NoSQL database, announced it raised $105 million.

Healthcare Innovation Company Mindstrong Raises $100 Million

By Dan Anderson ● May 28, 2020

Mindstrong, a company that is focused on transforming mental health through innovations in virtual care models and digital measurement, announced it has raised $100 million.

Online Real Estate Transaction Service Spruce Raises $29 Million

By Dan Anderson ● May 28, 2020

Spruce, a national platform for enabling online real estate transactions with innovative title and escrow solutions, announced it raised $29 million in Series B funding

Venture Firm Spectrum Equity Closes $1.5 Billion Fund IX

By Noah Long ● May 28, 2020

Venture firm Spectrum Equity recently announced the closing of Spectrum Equity IX L.P. at a hard cap of $1.5 billion

Chief, A Private Network That Drives Women Into Leadership Positions, Raises $15 Million In Funding

By Annie Baker ● May 28, 2020

Chief, a private network driving women into leadership positions, announced it has raised $15 million in a new round of funding from all existing investors.

Apple (AAPL) Reportedly Acquired Machine Learning Company Inductiv

By Amit Chowdhry ● May 28, 2020

Apple (NASDAQ:AAPL) has reportedly acquired machine-learning company Inductiv, which utilizes artificial intelligence to correct errors in data.

Gilead Sciences (GILD) Signs $2 Billion Deal With Arcus Biosciences (RCUS)

By Amit Chowdhry ● May 28, 2020

Gilead Sciences (NASDAQ:GILD) and Arcus Biosciences (NYSE:RCUS) announced a ten-year agreement for co-developing and co-commercializing next-generation cancer immunotherapies.

Yext Partners With Adobe (ADBE) On The Exchange Program At The Premier Level

By Amit Chowdhry ● May 28, 2020

Search Experience Cloud company Yext Inc (NYSE: YEXT) announced it is partnering with Adobe Inc (NASDAQ: ADBE) on the Exchange program at the premier level.

SpaceX Raises Nearly $350 Million As It Prepares For Crew Dragon Launch

By Amit Chowdhry ● May 28, 2020

SpaceX recently raised nearly $350 million, according to a document filed with the SEC. This funding comes on the heels of SpaceX preparing for the Crew Dragon launch.

Raspberry Pi 4 Now Has An 8GB RAM Option

By Amit Chowdhry ● May 28, 2020

The Raspberry Pi Foundation announced that the Raspberry Pi 4 now has an 8GB RAM option. These are the details.

Twitter (TWTR) CEO Jack Dorsey Discusses Fact-Checking Labels

By Amit Chowdhry ● May 28, 2020

Twitter Inc (NYSE: TWTR) CEO Jack Dorsey has been responding to concerns about the fact-checking labels that were added to the social media service.

Drug Discovery Company insitro Raises $143 Million

By Noah Long ● May 28, 2020

insitro, a machine-learning driven drug discovery and development company, announced it raised $143 million in an oversubscribed Series B financing.

Furniture Rental Company Fernish Closes $15 Million

By Annie Baker ● May 28, 2020

Fernish, a company that is known for enabling users to rent upscale furniture and decor, announced it has raised $15 million in Series A.

Human Proteome Company Nautilus Biotechnology Raises $76 Million

By Dan Anderson ● May 28, 2020

Nautilus Biotechnology, a company that is pioneering high-throughput and low-cost platform for analyzing and quantifying the human proteome, announced it has raised $76 million.

Tesla (TSLA) Drops Prices Across Vehicle Lineup

By Amit Chowdhry ● May 28, 2020

Tesla Inc (NASDAQ: TSLA) has reduced the prices of its vehicles. There were drops in prices by thousands of dollars on a number of its models.

SAP Executive Todd McElhatton Hired As CFO Of Zuora (ZUO), Effective June 22

By Amit Chowdhry ● May 28, 2020

Todd McElhatton, the head of SAP SE’s cloud division, will become the head of finances at San Mateo, California-based cloud applications Zuora on June 22.