Yahoo is Laying off 20% of its staff, impacting 1,600 employees

Yahoo is Laying off 20% of its staff, impacting 1,600 employees

Yahoo has announced a reduction of 20% of its workforce, which will affect 1,600 employees within its ad tech division. This move is a result of Yahoo’s intention to restructure and strengthen its unprofitable Yahoo for Business advertising unit. The layoffs will be carried out in two phases, with 12% of the company (1,000 employees) … Read more

Nevly Money Launches with $1.25M Pre-Seed Round from Tenacity Venture Capital

Nevly Money Launches with .25M Pre-Seed Round from Tenacity Venture Capital

Nevly, a fintech startup founded in 2021, has just raised $10 million in seed funding. The company aims to empower financially underserved consumers by offering innovative financial products and services designed to help people improve their financial health and achieve financial freedom. With a focus on community and individualized solutions, Nevly provides a new approach … Read more

Regie.ai Closes Additional $6 Million Funding from Khosla Ventures

Regie.ai Closes Additional  Million Funding from Khosla Ventures

Regie.ai, the generative AI software-as-a-service (SaaS) platform that automates enterprise content creation workflows, announced today that it has completed its A Round with an additional $6 million investment from Khosla Ventures, an early investor in Open-AI. This round extends the company’s Series A funding and brings total funding to $20.8 million, including previous contributions from … Read more

Tioga Cardiovascular Closes $30M Series A Financing

Tioga Cardiovascular Closes M Series A Financing

Tioga Cardiovascular, a Shifamed portfolio company aiming to reinvent structural heart valve replacement, announced the first closing of its $30 million Series C financing today. The funding will be used to continue product development, support pre-clinical testing, and begin first-in-human use of the company’s novel transseptal mitral valve replacement (TMVR) technology, led by Cormorant Asset … Read more

Vultr Announces Strategic Partnership with Airtel to Provide Enterprise Cloud Solutions

Vultr Announces Strategic Partnership with Airtel to Provide Enterprise Cloud Solutions

Airtel, India’s leading communications solutions provider, and Vultr, the world’s largest privately held cloud computing company, announced a strategic partnership today to provide cloud solutions to Indian enterprises. Airtel will offer Vultr’s extensive suite of cloud solutions to its enterprise customers, particularly those in the digital space, in order to provide them with unrivaled global … Read more

insightsoftware Acquires Power ON

insightsoftware Acquires Power ON

insightsoftware, a global provider of reporting, analytics, and performance management solutions, announced today the acquisition of Power ON, a software company based in the United States that transforms Microsoft Power BI into a comprehensive planning and data collection solution. This acquisition expands insightsoftware’s operational planning capabilities, which will primarily benefit enterprise customers who use Power … Read more

NU BANX LLC Acquires Nashe Corporation

NU BANX LLC Acquires Nashe Corporation

NU BANX LLC, a company that integrates high-growth companies dedicated to financial services and technology development, has acquired Nashe Corporation, a software company focused on decentralized technologies applied for third world cities. The acquisition was announced on February 13, 2023 and was completed on February 8, 2023. Nashe Corporation is known for its innovative solutions … Read more

Macro Raises $9.3M to add intelligence on top of digital documents

Macro Raises .3M to add intelligence on top of digital documents

Macro, a startup aimed at improving the productivity of users of digital documents, has raised $9.3 million in seed funding led by Andreessen Horowitz with participation from Craft, BoxGroup and 3kVC. Macro’s funding round will help the company to continue its mission of enhancing the user experience for those who work with digital documents. With … Read more

InfluxData Closes Series E Round and Raises $81M New Funding

InfluxData Closes Series E Round and Raises M New Funding

InfluxData, the company behind the leading time series platform InfluxDB, announced today that it has raised $81 million in capital funding, including a $51 million Series E funding round led by new investors Princeville Capital and Citi Ventures, as well as participation from existing investors Battery Ventures, Mayfield Fund, Sapphire Ventures, and others, and a … Read more