Silicon Valley Journals 
According to people familiar with the situation, DirecTV is letting off hundreds of employees — around 10% of its higher ranks — as the firm seeks to slash expenses amid the heightened pain of cord cutting for pay-TV providers. According to the persons, the most of the job cutbacks would be at the management level, … Read more
Binance intends to hire 15-30% more employees in 2023. Binance CEO Changpeng Zhao (CZ) reportedly stated on January 11 at the Crypto Finance Conference in St. Moritz, Switzerland, that the exchange will attempt to increase its employees and reorganize in order to improve efficiency. According to CNBC’s Arjun Kharpal in a January 11 piece, the … Read more
VERO Biotech Inc., a commercial-stage healthcare company focused on neonatal critical care and the acute care hospital community, announced today the successful completion of a $30 million financing with Petrichor, a prominent healthcare-focused growth capital provider. The funds will be used to further develop and commercialize VERO Biotech’s GENOSYL Delivery System (DS), a tankless inhaled … Read more
Tritium Partners led a $40 million investment in Inbenta, a conversational AI platform aimed to maximize customer experience. The investment will be used to fund future product innovation and market expansion. With clever conversational AI, Inbenta automates consumer interactions. Inbenta’s solutions are totally adjustable, deployable in seconds, interoperable across many platforms, and continually improving through … Read more
Heritage Global Capital , a company of Heritage Global Inc. that specializes in flexible fundings for the Accounts Receivable Management “ARM” business, said today that it has funded financial portfolio acquisitions totaling $100 million to date with its senior lenders. “Reaching the $100 million mark is an important milestone for us and highlights our ability … Read more
Ares Management Corporation , a prominent worldwide alternative investment manager, announced today the completion of its Infrastructure Debt Fund V, which focuses on subordinated investments in the digital, utilities, renewables, energy, and transportation sectors. IDF V closed on December 29, 2022, with a final close of roughly $5.0 billion, including General Partner obligations and related … Read more
The IMA Group today announced the completion of its purchase of Clinical Trials of America , a multi-therapeutic clinical trials organization that adds four additional independent and six embedded site locations in Louisiana and North Carolina to the IMA portfolio. CTA, situated in Monroe, Louisiana, will continue to function with its current leadership, investigators, and … Read more
Chronosphere, the only cloud native observability technology that reclaims control of engineering organizations by taming uncontrolled data growth and cloud native complexity, has raised $115 million in Series C funding. GV and Geodesic Capital are new investors, boosting Chronosphere’s total fundraising to $343 million and increasing the company’s valuation to $1.6 billion. Existing Chronosphere investors … Read more
ModifyHealthTM, a nationwide food as medicine platform and provider of medically adjusted meals, announces the completion of a $10 million Series B investment round headed by RC Capital and including current investor Nashville Capital Network . The collaboration with RCC will help ModifyHealth expand its nationwide operations and continue to grow its category-leading food as … Read more
Attention, the AI-powered sales assistant that assists teams in overcoming inefficiencies at every stage of the sales cycle, announced a $3.1 million funding round led by Eniac Ventures, with participation from Frst, Liquid2 Ventures, Maschmeyer Group Ventures, Ride Ventures, and the founders of Ramp, Level AI, Truework, CBInsights, and Zoi, among others. Attention raises $3.1 … Read more