Rapyd, a Fintech-as-a-Service company, has closed a $300M Series E round led by Target Global. Rapyd intends to use the funds to undertake a number of strategic acquisitions to assist growth in important sectors. Rapyd is currently valued at $8.75B, according to reports.
Advanced Technology Ventures (ATV), a VC firm based in Silicon Valley that was hit by a ransomware attack in July, has sent a letter to the Maine attorney’s office. The attackers had obtained personal information from the company’s private investors, or limited partners (LPs), in the assault.
Marvell Technology Inc., an infrastructure semiconductor solutions provider, and Innovium Inc., a provider of networking solutions for cloud and edge data centers, announced that they had entered a definitive agreement. As per the agreement, Marvell will acquire Innovium in an all-stock deal amounting to $1.1 billion.
Moderne Ventures, an early-stage venture financing firm, has announced the closing of a $200M second fund, which was oversubscribed. Moderne Ventures invests in businesses with sales of $2M to $10M and makes initial payments of $4M to $7M.
VMware announces new updates to its VDI and DaaS platform, VMWare Horizon, enabling IT departments to easily manage it from anywhere, across the cloud and on-premise deployments. The new features are aimed at increasing management efficiency and improving employee productivity amid a high adoption of cloud-deployed VMware Horizon desktops.
Presto Company Ahana has raised $20M in a Series A funding round to redefine open data lake analytics amid high growth and adoption of Presto. It would use the proceeds from the funding to accelerate the expansion of its go-to-market and transform open data lake analytics.
Workiva, a cloud-based platform for enterprises to manage business-critical data in real-time, has announced its acquisition of OneCloud, an integration platform-as-a-service provider (iPaaS), for an undisclosed sum to accelerate digital transformation in enterprises
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By PeopleAtomRapyd, a Fintech-as-a-Service company, has closed a $300M Series E round led by Target Global. Rapyd intends to use the funds to undertake a number of strategic acquisitions to assist growth in important sectors. Rapyd is currently valued at $8.75B, according to reports.
Advanced Technology Ventures (ATV), a VC firm based in Silicon Valley that was hit by a ransomware attack in July, has sent a letter to the Maine attorney’s office. The attackers had obtained personal information from the company’s private investors, or limited partners (LPs), in the assault.
Marvell Technology Inc., an infrastructure semiconductor solutions provider, and Innovium Inc., a provider of networking solutions for cloud and edge data centers, announced that they had entered a definitive agreement. As per the agreement, Marvell will acquire Innovium in an all-stock deal amounting to $1.1 billion.
Moderne Ventures, an early-stage venture financing firm, has announced the closing of a $200M second fund, which was oversubscribed. Moderne Ventures invests in businesses with sales of $2M to $10M and makes initial payments of $4M to $7M.
VMware announces new updates to its VDI and DaaS platform, VMWare Horizon, enabling IT departments to easily manage it from anywhere, across the cloud and on-premise deployments. The new features are aimed at increasing management efficiency and improving employee productivity amid a high adoption of cloud-deployed VMware Horizon desktops.
Presto Company Ahana has raised $20M in a Series A funding round to redefine open data lake analytics amid high growth and adoption of Presto. It would use the proceeds from the funding to accelerate the expansion of its go-to-market and transform open data lake analytics.
Workiva, a cloud-based platform for enterprises to manage business-critical data in real-time, has announced its acquisition of OneCloud, an integration platform-as-a-service provider (iPaaS), for an undisclosed sum to accelerate digital transformation in enterprises