360Player Secures $25M Investment to Drive Global Expansion of Sports Management Platform

360Player Secures M Investment to Drive Global Expansion of Sports Management Platform

360Player, an all-in-one digital platform for modern sports clubs, has raised $25 million in strategic growth funding from Five Elms Capital, a leading software investment firm. The funding will support the company’s international expansion and enhance its integrated platform for clubs, coaches, players, and parents. Founded in 2014, 360Player provides a comprehensive suite of tools, … Read more

Constrafor Raises $14M Equity and $250M Credit Facility to Transform Construction Finance

Constrafor Raises M Equity and 0M Credit Facility to Transform Construction Finance

Constrafor, a leading construction technology provider, has secured $264 million in Series A funding, comprising $14 million in equity led by NFX and a $250 million credit facility from Wafra and Crestline Investors. The funding aims to accelerate Constrafor’s growth and enhance its innovative financial solutions tailored to the construction industry’s unique challenges. Focused on … Read more

PlayAI Secures $21M Seed Round, Unveils Enhanced Generative AI Voice Model

PlayAI Secures M Seed Round, Unveils Enhanced Generative AI Voice Model

PlayAI, an AI-driven voice platform reshaping conversational AI, has raised $21 million in a seed funding round. The investment was led by Kindred Ventures and 500 Global, with participation from Race Capital, Y Combinator, Soma Capital, and others. Steve Jang of Kindred Ventures joins as a board observer. The funds will accelerate the development of … Read more

LinkedIn Layoffs Impact 200 Employees Amid Market Adjustments

LinkedIn Layoffs Impact 200 Employees Amid Market Adjustments

LinkedIn has reportedly laid off approximately 200 employees, or around 1% of its workforce, over the past two weeks, as reported by The Information. The layoffs have primarily impacted engineering and customer support teams. This follows a series of workforce reductions at LinkedIn throughout 2023 and the decision to wind down its China-centric job app … Read more

Apideck Secures $7.5 Million Series A to Expand Unified API Platform and Accelerate AI Integration

Apideck Secures .5 Million Series A to Expand Unified API Platform and Accelerate AI Integration

Apideck, a leading provider of real-time Unified APIs, announced today that it has raised $7.5 million in a Series A funding round. Led by Amsterdam-based Airbridge Equity Partners, the round includes PMV, angel investors, and executives from Atlassian, Rocketreach, Aikido, Teamleader, and Proxyclick. The investment will accelerate the company’s global growth and enhance its product … Read more

Osyte Raises $4M Seed Funding to Revolutionize Multi-Asset Portfolio Management

Osyte Raises M Seed Funding to Revolutionize Multi-Asset Portfolio Management

Osyte, the developer of AI-powered multi-asset portfolio management technology, has secured $4 million in seed funding. The capital will be used to enhance its go-to-market efforts, advance its AI product roadmap, and scale its client management team to meet rising demand. Osyte is on a mission to bring structure, transparency, and operational efficiency to Single … Read more

Trolley Raised $23M in Series B Funding to Expand Global Payout Platform

Trolley Raised M in Series B Funding to Expand Global Payout Platform

Trolley, a prominent global payouts platform, has raised $23 million in Series B funding led by Wavecrest Growth Partners, with support from existing investor Pace Capital. This funding will accelerate Trolley’s platform development, expand its market reach, and improve its offerings to better serve businesses of all sizes, from startups to Fortune 500 companies. “This … Read more

The CW Layoffs Impact Publicity and Program Development Teams Amid Nexstar’s Restructuring

The CW Layoffs Impact Publicity and Program Development Teams Amid Nexstar’s Restructuring

The CW has laid off over two dozen employees across its publicity and program development teams, as the network restructures to prioritize sports, unscripted content, and select scripted series under new owner Nexstar Media Group. CW President Brad Schwartz informed staff on Tuesday, stating that the changes, though difficult, are essential for building “a stronger … Read more

Outbuild Secures $11 Million in Series A Funding: News Release

Outbuild Secures  Million in Series A Funding: News Release

Outbuild, a construction scheduling and planning software company, today announced it has raised $11 million in Series A Funding. The round was led by Sway Ventures with participation from Hilti Venture, Trimble Ventures, and venture capital firms BGV and Zacua Ventures. This investment will help drive a targeted 100% increase in Outbuild’s commercial growth by … Read more

23andMe Layoffs: Shutters Cancer Drug Research, Cuts 40% of Workforce

23andMe Layoffs: Shutters Cancer Drug Research, Cuts 40% of Workforce

Consumer genetics company 23andMe has announced significant restructuring, including the closure of its therapeutics development division and a substantial layoff of more than 200 employees, or approximately 40% of its workforce. The company is redirecting its focus to its core DNA and ancestry testing services, telehealth platforms, and research partnerships with pharmaceutical companies. The decision … Read more