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Showing posts with label Funding. Show all posts
Showing posts with label Funding. Show all posts

Wednesday, June 14, 2017

Element AI reçoit un financement de Série A historique de 102 millions de dollars américains provenant de DCVC et de plusieurs institutions mondiales de premier plan

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MONTRÉAL–(BUSINESS WIRE)–Element AI, une compagnie montréalaise qui développe des solutions novatrices en intelligence artificielle, a annoncé aujourd’hui un financement de 102 millions de dollars américains, le plus grand financement de Série A jamais reçu pour une entreprise en IA. Ce financement permettra à Element AI de se positionner comme la compagnie la plus importante en IA au Canada en développant ses ressources et en investissant dans des projets internationaux de grande envergure.

June 14, 2017 at 05:23PM

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Element AI Raises Historic $102M USD Series A Funding Round from DCVC and Leading Global Institutions

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MONTREAL–(BUSINESS WIRE)–Element AI Raises $102M USD Series A from DCVC and Leading Global Institutions to accelerate AI adoption and create world’s most powerful AI platform.

June 14, 2017 at 05:23PM

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WhiteSource Raises $10 Million to Expand Market Leadership in Open Source Security and Compliance

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NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–WhiteSource, the leader in continuous open source software security and compliance management, today announced a $10M Series B financing round.

June 14, 2017 at 05:23PM

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WhiteSource Raises $10 Million to Expand Market Leadership in Open Source Security and Compliance

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NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–WhiteSource, the leader in continuous open source software security and compliance management, today announced a $10M Series B financing round.

June 14, 2017 at 04:47PM

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Top Hat Launches Affordable Online Marketplace for Higher Education, Challenging Overpriced Textbook Publishers

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TORONTO–(BUSINESS WIRE)–#edtech–Top Hat, provider of the leading in-class student engagement app for higher education, today announced the full release of the Top Hat Marketplace, a unique and game-changing resource of affordable and customizable educational content. Professors can publish, share, and collaborate with peers in the Top Hat Marketplace on course materials. This educational content resource is now available to thousands of educators at over 750 of the top 1,000 North American colleges a

June 14, 2017 at 04:47PM

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Envision Healthcare Seeks Incremental Borrowings Under Existing Term Loan B to Fund Acquisitions

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NASHVILLE, Tenn. & GREENWOOD VILLAGE, Colo.–(BUSINESS WIRE)–Envision Healthcare Corporation (NYSE: EVHC) today announced that it has commenced a process to increase outstanding borrowings under its existing Term Loan B credit facility by an aggregate principal amount of $500 million. Envision expects to use the proceeds to fund acquisition opportunities currently in its pipeline that are expected to be completed during the second and third quarters of 2017. In addition, the Company expects to

June 14, 2017 at 04:47PM

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Research Institute for Learning and Development Awarded $100,000 Grant from Cummings Foundation

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LEXINGTON, Mass.–(BUSINESS WIRE)–ResearchILD Receives $100K for 100 grant from Cummings Foundation of Woburn, MA

June 14, 2017 at 04:47PM

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GenMark Diagnostics Prices Upsized Public Offering of Common Stock

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CARLSBAD, Calif.–(BUSINESS WIRE)–GenMark Diagnostics, Inc. (NASDAQ: GNMK), a leading provider of automated, multiplex molecular diagnostic testing systems, today announced the upsizing and pricing of its previously announced underwritten public offering of 6,382,978 shares of its common stock at a public offering price of $11.75 per share. The gross proceeds to GenMark, before deducting the underwriting discounts and commissions and estimated offering expenses, are expected to be approximatel

June 14, 2017 at 05:01AM

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Tuesday, June 13, 2017

Small Business Grant from FHLB Dallas and Century Bank to Benefit Childcare Facility

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SANTA FE, N.M.–(BUSINESS WIRE)–Representatives from Century Bank, FHLB Dallas to present small biz check to Forte Consuelo at 12:00 p.m. on Thurs., 6/15 at Forte Consuelo

June 13, 2017 at 03:05AM

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Yum! Brands, Inc. Announces Pricing of Notes Offering

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LOUISVILLE, Ky.–(BUSINESS WIRE)–Yum! Brands, Inc. Announces Pricing of Notes Offering

June 13, 2017 at 03:05AM

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Kemper Corporation Prices $200 Million Senior Notes Offering

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CHICAGO–(BUSINESS WIRE)–Kemper Corporation (NYSE: KMPR) announced that it has priced a registered offering of $200 million of its 4.350% Senior Notes due 2025 (“new notes”) at an issue price of 101.193% of the principal amount. The new notes are an additional issuance of Kemper’s 4.350% Senior Notes due 2025, of which Kemper issued an initial $250 million aggregate principal amount (the “existing notes”) on February 24, 2015. The new notes will have the same terms as the existing notes (other

June 13, 2017 at 03:05AM

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The Howard Hughes Corporation® Announces Pricing of Add-on Offering of 5.375% Senior Notes Due 2025

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DALLAS–(BUSINESS WIRE)–The Howard Hughes Corporation® (NYSE: HHC) (the “Company”) announced today that it priced its previously announced offering of $200 million in aggregate principal amount of 5.375% Senior Notes due 2025 (the “Notes”). The issue price of the Notes was 102.25% of the aggregate principal amount. The Notes will be unsecured senior obligations of the Company and, other than their issue date and issue price, the terms of the Notes will be identical to the terms of the $800 mil

June 13, 2017 at 01:59AM

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Saturday, June 10, 2017

Here’s what the top accelerators in North America are funding

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 The top startup accelerators have a history of seeing the future in ideas that sounded silly at the time. After all, who would have foreseen billion-dollar businesses based on renting your air mattress to strangers, or shopping for their groceries? So when prestigious accelerators invest around common themes, it’s worth taking note of what’s resonating. Read More

June 10, 2017 at 09:32PM

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from Joanna Glasner

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Friday, June 9, 2017

Softbank is buying robotics firms Boston Dynamics and Schaft from Alphabet

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 Here’s a surprise turn of events: Softbank — maker of the friendly Pepper robot and a major M&A player in the tech world — has just announced that it is acquiring two more robotics companies from Google owner Alphabet as part of its own deeper move into the field: it is buying Big Dog developer Boston Dynamics and the secretive bipedal robotics firm Schaft. A spokesperson… Read More

June 09, 2017 at 06:12AM

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from Ingrid Lunden

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SUPERVALU Completes Refinancing of Senior Secured Term Loan

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MINNEAPOLIS–(BUSINESS WIRE)–SUPERVALU has successfully completed the refinancing of its existing senior secured term loan credit agreement.

June 09, 2017 at 03:02AM

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SUPERVALU Completes Refinancing of Senior Secured Term Loan

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MINNEAPOLIS–(BUSINESS WIRE)–SUPERVALU has successfully completed the refinancing of its existing senior secured term loan credit agreement.

June 09, 2017 at 03:02AM

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NextGen Crowdfunding® Hosts Live Pitch Event for Innovative Entrepreneurs to Share Their Company Visions & Connect with Potential Investors

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–(BUSINESS WIRE)–NextGen Crowdfunding: WHAT: NextGen Crowdfunding® – the leading company that helps people explore new types of crowdfunding – announces a live crowdfunding pitch event where entrepreneurs will take to the stage to present their investment crowdfunding campaigns in a fast-paced, interactive and educational environment. The livestreamed “Crowdfunding Pitch Event” will highlight investment crowdfunding campaigns that all hope to be the world’s next unicorn. Potential investors w

June 09, 2017 at 01:32AM

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Thursday, June 8, 2017

Revolut takes venture debt from Triplepoint Capital before ‘impending large equity round’

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 Revolut, the rather noisy London fintech startup that offers a card and current account features that comes with low currency exchange, has taken venture debt from U.S.-based Triplepoint Capital, according to a regulatory filing. The amount remains undisclosed, though I understand the financing is to see the company through to a much larger Series B round currently in the works. Read More

June 08, 2017 at 08:11PM

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from Steve O'Hear

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Security Experts Unite to Form Obsidian Security; Raise $9.5M Series A and Establish Southern California Headquarters

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NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Obsidian Security today disclosed that it raised $9.5M in Series A funding led by Greylock Partners. The company will use the funding to grow its product team working at the intersection of security, artificial intelligence and hybrid-cloud technology. The Obsidian founding team includes Glenn Chisholm, former EVP product organization and CTO at Cylance and CISO at Telstra; Ben Johnson, former co-founder and CTO at Carbon Black, and computer scientist at

June 08, 2017 at 08:03PM

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London-based Trint raises $3.1M for AI-driven transcription service

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 London-based Trint, a startup co-founded by Emmy-winning journalist Jeff Kofman, is tackling a paint-point I know all too well: the time it takes to transcribe an interview (or any audio) accurately. Read More

June 08, 2017 at 05:35PM

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from Steve O'Hear

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