Silicon Valley Journals 
Elevance Health, a leading insurer, has recently acquired BioPlus, a specialty pharmacy subsidiary of CarepathRx and a portfolio company of Nautic Partners. The announcement was made public earlier this week, and it is expected to have a significant impact on the healthcare industry, particularly in the specialty drug space. BioPlus offers a wide range of … Read more
Accenture has acquired Morphus, a privately held Brazilian provider of cyber defense, risk management, and threat intelligence services, expanding its practice capabilities in Brazil and Latin America. The financial details were not disclosed. Morphus was founded in 2003 and is headquartered in Fortaleza, Ceará, in northeastern Brazil, with offices in Recife, So Paulo, Rio de … Read more
Lukka, the leading provider of institutional crypto asset data and data management, announced today the acquisition of Web3’s blockchain analytics capability, Venato. Lukka is bringing in Venato’s R&D and Engineering team with deep blockchain, Web3, and decentralized finance (DeFi) development experience as part of the acquisition to further build out existing capabilities and integrate it … Read more
Convoy, a Seattle-based digital trucking marketplace has announced its third round of layoffs in the past year, along with the closure of its Atlanta office. The company’s CEO, Dan Lewis, attributed the cuts to a shift in the company’s customer service model, as well as efforts to improve overall business efficiency and achieve profitability. The … Read more
GoDaddy, an internet domain registrar and web hosting company based in Arizona, recently announced that it will be laying off 530 workers, or 8% of its global workforce. The layoffs are part of the company’s effort to streamline operations and increase profitability. The Hiawatha customer service and support center in eastern Iowa will be affected, … Read more
DocuSign, a leading electronic signature provider, has announced a layoff of approximately 10% of its workforce, or about 700 employees, as part of its ongoing efforts to support growth, scale, and profitability objectives. This latest round of job cuts is set to be completed by July 31, following an earlier workforce reduction in September. DocuSign … Read more
According to a spokesperson, the New York City-based robo-advisor laid off 28 employees. Betterment, which manages $33.8 billion according to its most recent filed form ADV and was valued at $1.3 billion after raising $160 million in 2021, is also closing its Philadelphia office but continues to employ locals. Betterment is also subleasing a floor … Read more
Twentyeight Health, a telehealth company that provides affordable access and convenience for reproductive and sexual health, has raised $8.3 million in Pre-Series A funding. RH Capital, Seae Ventures, Impact Engine, Acumen America, Stardust Equity, Gratitude Railroad, California Health Care Foundation, Penn Medicine-Wharton Fund for Health, and Great Oaks Venture Capital were among the mission-driven funds … Read more
Proceeds will advance Cerevance’s potential first-in-class programs developed using proprietary NETSseq platform
Via, the global leader in TransitTech, announced today that it has closed a financing round led by 83North, with participation from new and existing investors such as Exor N.V., Pitango, Janus Henderson, CF Private Equity, Planven Entrepreneur Ventures, Riverpark Ventures, and ION Crossover Partners. The round values Via at $3.5 billion, based on the same … Read more