Rockley Photonics files for bankruptcy

Rockley Photonics files for bankruptcy

Rockley Photonics, a wearable sensor company with high-profile partnerships with Apple and Medtronic, filed for Chapter 11 bankruptcy this week, after months of falling stock prices and mounting debts. According to an 8-K filing (PDF) with the U.S. Securities and Exchange Commission on Tuesday, Rockley asked to be allowed to proceed as a “debtor in … Read more

Mirantis acquires Shipa

Mirantis acquires Shipa

Mirantis, which you may recall from its OpenStack days and its acquisition of Docker Enterprise in 2019, has announced the acquisition of Shipa, a startup that builds tools to help developers develop, deploy, and manage cloud-native applications. Shipa previously raised $3.75 million in a seed round led by Engineering Capital and Jump Capital in 2020. … Read more

Massman Companies Acquires Ultra Packaging

Massman Companies Acquires Ultra Packaging

Massman Companies, a global packaging machinery leader, has announced the acquisition of Ultra Packaging Inc., a privately held company based in Chicago, IL. Ultra Packaging, Inc. (UPI) is a leading manufacturer of high-quality vertical and horizontal automated cartoning machines for the food, personal care, pharmaceutical, and cosmetic industries. These machines are high-speed continuous motion machines … Read more

RealDefense Acquires SUPERAntiSpyware From Support.com

RealDefense Acquires SUPERAntiSpyware From Support.com

RealDefense LLC, a provider of privacy, security, and productivity software and services, has completed its roll-out of SUPERAntiSpyware from Support.com for an undisclosed fee. This is RealDefense’s fifth consumer software brand acquisition since 2017, as part of its roll-up strategy. SUPERAntiSpyware is well-known for its AI-powered malware detection engine and database, which it launched in … Read more

Software Developer T1V files for $17M IPO

Software Developer T1V files for M IPO

T1V (THNK), a visual collaboration software developer, has filed for a $17 million initial public offering. According to a filing, the software company intends to sell 3.2 million units at prices ranging from $4.15 to $6.15, raising close to $17 million if priced at the midpoint. Each unit would include one share and one warrant … Read more

Roots Homes, a Las Vegas Based Startup Raises $2.2M

Roots Homes, a Las Vegas Based Startup Raises .2M

Roots Homes, the fractional homeownership pioneer, announced a $2.2 million funding round led by Other Ventures, with participation from Behind Genius Ventures and Waveline VC. Following a successful beta launch late last year, the funds will allow the startup to expand its operations in Las Vegas. Roots’ mission is to make homeownership accessible to Millennials … Read more

Suppli Raises $3.1M to Help Construction Suppliers Simplify and Accelerate Payments

Suppli Raises .1M to Help Construction Suppliers Simplify and Accelerate Payments

Suppli, a digital accounts receivable platform that enables construction suppliers to leverage their credit department as a competitive advantage, announced today that it has raised $3.1 million in seed funding. The round was led by Equal Ventures, with participation from Audacious Ventures, Dash Fund, Chase Gilbert, Built Technologies, and Ali Javid, Wrapbook. With multiple new … Read more

Pearl Health Raises $75M Series B to accelerate growth and innovation in value-based care

Pearl Health Raises M Series B to accelerate growth and innovation in value-based care

Pearl Health, a leading technology company focused on physician enablement and risk-bearing in value-based care, announced today that it has raised $75 million in an oversubscribed Series B funding round led by Andreessen Horowitz’s Growth Fund and Viking Global Investors, with AlleyCorp, SV Angel’s Growth Fund, and other leading investors participating. The round includes $55 … Read more