Archives

Conversational Search Technology Company Searchable.ai Raises $4 Million

By Dan Anderson ● Jun 5, 2020

Searchable.ai — the creators of a new class of "Conversational Search" technology — announced that it raised $4 million in additional seed funding led by Susquehanna International Group and Omicron Media.

Cloud Communications Company Cloud9 Raises $17.5 Million Led By UBS

By Dan Anderson ● Jun 4, 2020

Cloud-based communications leader Cloud9 Technologies announced it has raised a $17.5 million Series B round of funding.

Francisco Partners Closes Nearly $10 Billion In Capital Commitments

By Amit Chowdhry ● Jun 4, 2020

Francisco Partners has announced that it closed about $10 billion in capital commitments across three funds.

Amazon Reportedly In Talks To Buy $2 Billion Stake In Bharti Airtel

By Amit Chowdhry ● Jun 4, 2020

Amazon.com, Inc. (NASDAQ: AMZN) is reportedly in early-stage talks to buy a $2 billion stake in Bharti Airtel Limited (NSE: BHARTIARTL).

LiveXLive Media (LIVX) Launches New Audio-Video Smart TV App

By Amit Chowdhry ● Jun 4, 2020

LiveXLive Media Inc (NASDAQ: LIVX), a global digital media company that is dedicated to music and live entertainment, announced it has released a new unified audio-video Smart TV app experience.

Email Phishing Protection Company INKY Raises $20 Million

By Amit Chowdhry ● Jun 4, 2020

INKY Technology Corporation, a pioneer in next-gen email phishing protection, announced that it has raised $20 million in Series B funding.

NGL Energy Partners LP: $250 Million Term Loan Facility Entered With Apollo Global (NGL, APO)

By Amit Chowdhry ● Jun 4, 2020

NGL Energy Partners LP (NYSE: NGL) has announced that it entered into a new $250 million term loan facility with certain funds and accounts managed by affiliates of Apollo Global.

Amazon Selling Apple 16-Inch MacBook Pro At A $300 Discount

By Amit Chowdhry ● Jun 4, 2020

Amazon is selling a 16-inch Apple MacBook Pro at a $300 discount, making the price tag $2,099.99.

Meritech Capital Raises $800 Million For Seventh Fund

By Amit Chowdhry ● Jun 4, 2020

Venture capital firm Meritech Capital Partners LP has raised $800 million for its seventh fund.

CVS Is Testing A Pilot Program For Self-Driving Vehicles For Delivering Prescriptions

By Noah Long ● Jun 4, 2020

CVS Health Corp (NYSE: CVS) is launching a program that would enable customers to receive their prescriptions from self-driving vehicles.

Delta To Extend Social Distancing Through September 30

By Dan Anderson ● Jun 4, 2020

Delta Air Lines, Inc. (NYSE: DAL) announced that it is going to extend social distancing precautions on its flights through September 30.

Palo Alto Networks (PANW) Unveils $1.75 Billion Offering Of Convertible Senior Notes Due 2025

By Amit Chowdhry ● Jun 4, 2020

Palo Alto Networks Inc (NYSE: PANW) has announced its intention to offer (subject to market conditions and other factors) $1.75 billion aggregate principal amount of convertible senior notes due 2025 in a private placement to qualified institutional buyers.

Why Hippo Is Buying Spinnaker Insurance Company

By Amit Chowdhry ● Jun 4, 2020

Hippo, a company that is transforming home insurance and ownership, announced that it entered into a definitive agreement to buy Spinnaker Insurance Company.

Realtor.com Appoints Rachel Morley As Chief Product Officer

By Annie Baker ● Jun 4, 2020

Realtor.com has announced that it has promoted Rachel Morley to Chief Product Officer. These are the details.

Axon Enterprise (AAXN) Names Adriane Brown To The Board Of Directors

By Amit Chowdhry ● Jun 4, 2020

Axon Enterprise Inc (NASDAQ: AAXN) — a global leader in connected public safety technologies — announced the addition of Adriane Brown to its board of directors.

Mobile Banking Company Varo Closes $241 Million In Funding

By Annie Baker ● Jun 4, 2020

Mobile banking company Varo Money announced it has raised $241 million in a Series D round of funding.

Startup Accelerator Team8 Launches A VC Arm

By Amit Chowdhry ● Jun 3, 2020

Israel-based startup accelerator Team8 announced it is launching a VC arm. These are the details.

All-In-One Banking App Lili Closes $10 Million In Funding

By Noah Long ● Jun 3, 2020

Lili, an all-in-one banking app that is designed for freelance workers, announced it raised a $10 million seed funding round.

Paperwork Automation Platform Anvil Raises $5 Million

By Amit Chowdhry ● Jun 3, 2020

Paperwork automation platform Anvil announced it has raised $5 million in Series A funding led by Google's AI-focused investment fund Gradient Ventures.

Intelligence Solution Watchful Raises $3 Million

By Noah Long ● Jun 3, 2020

Watchful, an intelligence solution that is focused on revealing your competitors' product strategy, announced it has raised $3 million.

MassMutual Ventures Announces Third $100 Million Fund

By Amit Chowdhry ● Jun 3, 2020

MassMutual Ventures (MMV) has announced today that it has launched a third $100 million venture capital fund.

SoftBank Is Launching A $100 Million Fund To Invest In People Of Color

By Amit Chowdhry ● Jun 3, 2020

SoftBank Group Corp announced today that it is launching a $100 million to invest in companies that are “led by founders and entrepreneurs of color” called "Opportunity Growth Fund."

Gojek: Facebook And PayPal Joins As Investors

By Amit Chowdhry ● Jun 3, 2020

Facebook and PayPal are now investors in Indonesia-based Gojek. These are the details about the funding news.

Hylan And Sitetracker Sign Partnership

By Amit Chowdhry ● Jun 3, 2020

Sitetracker — a company that manages high-volume projects for infrastructure owners and operators, announced it is partnering with Hylan.

Business Process Automation Appway Company Raises $37 Million

By Amit Chowdhry ● Jun 3, 2020

Business process automation company Appway announced that it has raised a $37 million minority investment from Summit Partners.

Breast Cancer Screening Software Company Vara Closes €6.5 Million

By Noah Long ● Jun 3, 2020

Vara, a Berlin-based company that is on a mission to make breast cancer screening accessible around the world, announced it has raised a €6.5 million Series A round of funding led by OMERS Ventures.

Diabetes Solutions Company Bigfoot Biomedical Raises $55 Million

By Noah Long ● Jun 3, 2020

Bigfoot Biomedical has announced that it raised a total of $55 million to close its Series C equity financing.

Autonomous Mobile Robot Company Locus Robotics Raises $40 Million

By Dan Anderson ● Jun 3, 2020

Locus Robotics, a market leader in autonomous mobile robots (AMR) for fulfillment warehouses, announced that it raised over $40 million in Series D funding.

Twitter Promotes Patrick Pichette To Chairman Of The Board

By Noah Long ● Jun 3, 2020

Twitter has appointed Patrick Pichette as the company chairman.

Volkswagen Closes $2.6 Billion Investment In Argo AI

By Amit Chowdhry ● Jun 3, 2020

Argo AI, a self-driving company that spun out of Ford Motor Company, announced that it closed a $2.6 billion deal with Volkswagen AG.