Silicon Valley Journals 
Oro, an open-source e-commerce platform co-founded by Magento’s co-founder and former CTO, announced a $13 million strategic growth funding round today. The round was led by Zubr Capital with participation from existing investor Highland Europe. Oro, based in Los Angeles, was founded in 2012 and offers a variety of applications, including OroCommerce, its flagship B2B … Read more
Honeypot, a cutting-edge marketing technology company announced that it has raised $10M in a round. Investor in that Series A funding round was undisclosed. Honeypot will use this funding to expand its growth and plans. What is Honeypot? Founded in 2023, Honeypot Software is a cutting-edge marketing technology company that specializes in utilizing artificial intelligence … Read more
Terminal49, the leading ocean freight visibility platform, announced today that it has raised $6.5 million in Series A funding led by Stage 2 Capital and co-led by Grand Venture Partners, with follow-on funding from seed stage investors totaling $8.7 million. Terminal49’s API collects real-time ocean shipment and container data from shipping lines and terminals, standardizing … Read more
Sublime Systems, a developer of decarbonized cement technology, announced today the completion of a $40 million Series A investment round headed by climate-tech focused firm Lowercarbon Capital, with participation from previous investors including The Engine, Energy Impact Partners, and others. Siam Cement Group, Southeast Asia’s largest cement maker, is also a strategic investor. The extra … Read more
Blackstone today announced the completion of its latest global secondaries strategy, Strategic Partners IX, and its debut GP-led continuation fund strategy, Strategic Partners GP Solutions (together with its respective committed program vehicles, “SP IX” and “SP GPS”). SP IX has $22.2 billion in total obligations, whereas SP GPS has $2.7 billion in total commitments. SP … Read more
Avery Dennison has agreed to buy Thermopatch, a company that provides labeling, embellishments, and transfers to the sports, industrial laundry, workwear, and hospitality industries. Thermopatch will become part of the company’s Retail Branding and Information Solutions (RBIS) Apparel Solutions business after the transaction complete, which is expected in the first quarter of 2023. The merger … Read more
UC Asset Limited Partnership, an Atlanta-based real estate investment firm, announced an all-share agreement to acquire an Oklahoma cannabis growing facility, invest in it, and lease it to its present operator. According to a news release, the 10,000-square-foot site is operated by Oklahoma medicinal marijuana cultivator Fire Ranch Farm. UC Asset has announced a $1 … Read more
Microsoft is shedding even more employees this week, with CEO Satya Nadella revealing 10,000 layoffs during “times of considerable change.” The layoffs are said to include Xbox and Bethesda employees, as well as Microsoft’s larger organizations. In a note to employees, Nadella stated that the 10,000 layoffs, which amount to less than 5% of the … Read more
Beaconstac, the premier QR code customer interaction platform, announced today a $25 million Series A investment round led by Telescope Partners, with current investor Accel participating. The funding demonstrates the high market demand from enterprises for Beaconstac’s SaaS platform, which will result in 200% profitable revenue growth by 2022. Beaconstac has assisted businesses of all … Read more
MarketReader, a real-time market analytics firm that discovers and explains price activity, has received a $3.1 million initial fundraising round sponsored by angel investors mostly comprised of family offices and financial advisors. The financing will go toward the development of MarketReader’s user platform, which will provide financial advisors and ordinary investors with real-time, data-driven explanations … Read more