As a kid in the 1990s, Delane Parnell spent his formative years around Detroit’s 7 Mile and Burgess neighborhood in a home with no Internet. Today, he’s the founder and CEO of a hot Los Angeles-based e-sports startup—and responsible for raising... Read more »
Matrix Partners has raised $450 million for its 11th U.S. venture capital fund, according to a document filed with securities regulators.
That’s the same size as Matrix’s last fund, which it closed in 2013. That’s somewhat unusual in the current... Read more »
The window for biotech IPOs remains wide open and six more companies have charged through it, raising more than $568 million in the span of 24 hours.
The first was Eidos Therapeutics (NASDAQ: EIDX), which raised $106 million in its... Read more »
Bossa Nova, a robotics company geared toward grocers and other sellers of related consumer products, announced today it has raised $29 million in new funding.
The round was led by Cota Capital, with previous investors such as Intel Capital, Lucas Venture... Read more »
San Antonio—Dura Holdings is trying to put a different spin on the model of acquiring and improving a business that has either underperformed or may have room to grow.
San Antonio-based Dura buys software-as-a-service (SaaS) companies with recurring revenue and... Read more »
Analog Devices, the 53-year-old semiconductor company, threw a party Tuesday afternoon to celebrate its new technology incubator in Boston, dubbed the Analog Garage—an homage to the innovations that have originated in garages, basements, and other “nondescript quarters” of the world, as... Read more »
The new, independent, healthcare-focused company Amazon, Berkshire Hathaway, and JPMorgan Chase plan to launch made a big splash when it was first announced in January, but few details have emerged since.
On Wednesday, the trio of American business heavyweights revealed... Read more »
Dallas—Alyce Alston, a veteran of the digital media and publishing industries, officially took over the reins of the Dallas Entrepreneur Center Wednesday.
“I’ve always been an innovator within large organizations and then with startups after that,” she says. “I have... Read more »
NGINX Inc., a Web application delivery platform company built on the open-source Web server NGINX, announced today it raised $43 million in a Series C fundraising to advance its system for helping clients modernize their websites.
The funding round,... Read more »
CrowdStrike, a Silicon Valley cybersecurity company that fends off hackers by patrolling the edge devices connected to a network, announced today it raised $200 million in a financing round that sets the company’s valuation at more than $3 billion.
Sunnyvale,... Read more »
Like a good cup of coffee, Seattle’s life sciences ecosystem is a balanced blend of complementary parts: research to find the underpinnings of disease, and information technology that helps scientists make sense of the data. That convergence was on display last... Read more »
CVS Health said Tuesday that it has expanded its prescription-drug delivery service nationwide. Customers of the Rhode Island-based retail pharmacy giant, which operates about 9,800 stores in the U.S., will be able to get their medications, as well as over-the-counter items,... Read more »