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Thoma Bravo buys cybersecurity vendor Proofpoint for $12.3B in cash

Thoma Bravo buys cybersecurity vendor Proofpoint for $12.3B in cash

by admin | Apr 26, 2021 | News

Moree M&A activity underway in the red-hot field of cybersecurity. In the latest development, private equity giant Thoma Bravo is buying Proofpoint, the SaaS security vendor, for $12.3 billion in cash. Proofpoint is traded publicly on the Nasdaq exchange and as...
Investors eat up Orbillion Bio’s plans for lab-grown wagyu beef, elk, and bison

Investors eat up Orbillion Bio’s plans for lab-grown wagyu beef, elk, and bison

by admin | Apr 26, 2021 | News

Orbillion Bio’s plans to make high end meats in a lab have investors lining up for a seat at the company’s cap table. Mere weeks after launching from Y Combinator’s famous accelerator program, the Silicon Valley-based potential purveyor of premium lamb loins, elk...
Mighty Networks raises $50M to build a creator economy for the masses

Mighty Networks raises $50M to build a creator economy for the masses

by admin | Apr 26, 2021 | News

Mighty Networks, a platform designed to give creators and brands a dedicated place to start and grow communities, has closed on $50 million in a Series B funding round led by Owl Ventures. Ziff Capital Partners and LionTree Partners also participated in the financing,...
Insurgent UK broadband startup Cuckoo Internet raises $6M round led by RTP Global,  with JamJar Investments

Insurgent UK broadband startup Cuckoo Internet raises $6M round led by RTP Global, with JamJar Investments

by admin | Apr 26, 2021 | News

Cuckoo Internet, which is aiming to be an insurgent startup in the broadband provider space in the UK, has closed a $6 million investment round led by RTP Global, along with participation from JamJar Investments. It will also launch on price-comparison site uSwitch....
AI startup Faculty wins contract to predict future requirements for the UK’s NHS

AI startup Faculty wins contract to predict future requirements for the UK’s NHS

by admin | Apr 26, 2021 | News

Faculty, a VC-backed artificial intelligence start-up, has won a tender to work with the NHS to make better predictions about its future requirements for patients, based on data drawn from how it handled the COVID-19 pandemic. In December 2019, Faculty raised a $10.5M...
China’s e-commerce giant JD.com starts paying some staff in digital yuan

China’s e-commerce giant JD.com starts paying some staff in digital yuan

by admin | Apr 26, 2021 | News

China’s plan to introduce its digital currency is getting a lot of help from its tech conglomerates. JD.com, a major Chinese online retailer that competes with Alibaba, said Monday that it has started paying some staff in digital yuan, the virtual version of the...
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