Silicon Valley Journals 
DailyPay, a leading financial technology business, said today that it has raised $260 million in cash to drive local growth, expand globally, and invest in product innovation. The money is split between revolving credit facility capacity supplied by Barclays and Angelo Gordon and fresh term loan finance provided by SVB Capital and a Neuberger Berman-managed … Read more
GreenLab, Inc. has announced the completion of a $5,268,944.44 seed investment round. The Northeast Arkansas group of investors comprises a cross-section of the agriculture business that understands the important role of sustainability and the benefit of protein optimization. The patented platform of the biotech startup is the literal greening of industry within a kernel of … Read more
QuickNode, the leading end-to-end development platform for Web3 builders, announced today the completion of a $60 million Series B investment round headed by 10T Holdings, with participation from Tiger Global, Seven Seven Six, Protocol Labs, and QED, among others, valuing QuickNode at $800 million. This current amount of funding will be utilized to drive the … Read more
Dayforward, the first digital life insurance firm designed for modern families, announced today that it has acquired Commercial Travelers Life Insurance Company, a legendary insurance carrier founded in 1883. The acquisition coincides with the debut of Dayforward’s revolutionary life insurance solution across the majority of the country, with further national expansion planned through 2023. AXA … Read more
McKinsey is delighted to welcome Iguazio, a pioneer in artificial intelligence and machine learning, to the business. McKinsey will be able to rapidly expedite and scale AI deployments with the addition of Iguazio’s technology and a staff of more than 70 data and AI professionals, resulting in more impact for clients. Change has never been … Read more
Holcim US, based in Chicago, has announced the acquisition of Pioneer Landscaping Centers’ sand and aggregate operations. Pioneer Landscape Centers is a producer of landscape and hardscape materials based in Highland Ranch, Colorado. According to a Holcim press statement, given the increasing rate of building in the Denver, Colorado Springs, and Phoenix markets, this deal … Read more
Cornerstone Behavioral Health El Dorado has been bought by Lifepoint Health, a diverse healthcare delivery network dedicated to its purpose of making communities healthier®. This deal promotes Lifepoint’s goals to increase its behavioral health capabilities and access points, as well as to develop its innovative behavioral health platform, in order to address the current and … Read more
Mass layoffs have been a huge and disturbing trend throughout several sectors of the IT industry over the first month of 2023, and Spotify is the latest corporation to join that trend. The music streaming service announced a substantial layoff of staff, reducing its whole employment by 6%. The job layoffs are expected to affect … Read more
A spokesman for cryptocurrency exchange Gemini told CNBC on Monday that the company’s employment will be reduced by 10%. It’s at least the third round of layoffs for Gemini, which was co-founded by Cameron and Tyler Winklevoss and, unlike many of its contemporaries, is subject to New York banking regulations. According to PitchBook data, Gemini … Read more
Sterling Bay, the developer behind Google’s Fulton Market headquarters and the $6 billion Lincoln Yards megadevelopment, said it “had to make the tough decision” to cut 10 jobs. According to its website, the firm employs approximately 185 individuals. It refuses to say further. The layoffs occur as real estate companies, ranging from big brokerages to … Read more