Silicon Valley Journals 
CrowdOut Capital LLC, an Austin-based investment firm, announced today that CO Long Term Equity Fund I LP and affiliates collaborated with senior management to acquire Sourceability, a global distributor of electronic components offering digital tools, services, and data, from Zollner Elektronik AG. Sourceability was selected “Outstanding Supply Chain Service Provider” in the 2022 ASPENCORE Global … Read more
The acquisition provides Microsoft with hardware and software technologies geared primarily at boosting data center storage and networking performance, including high-speed NVMe-over-TCP storage clustering technology, for an undisclosed sum. Microsoft announced the acquisition of Fungible, a developer of composable infrastructure based on the company’s DPU hardware for boosting data center network and storage performance. The … Read more
NetSPI, the market leader in corporate penetration testing and attack surface management, announced today the acquisition of nVisium to scale its offensive security solutions and meet increased demand for human-delivered penetration testing. nVisium will assist NetSPI in its ongoing efforts to provide strategic security testing solutions to organizations. nVisium is a security testing authority, with … Read more
Editas Medicine Inc. is laying off 20% of its workforce — about 60 people — as it cuts drug programs geared toward retinal diseases and solid tumors. The Cambridge gene-editing company (Nasdaq: EDIT) now exclusively focuses its clinical-stage programs on blood-disorder drugs, specifically treatments for severe sickle cell disease and transfusion-dependent beta thalassemia. Editas will … Read more
Coinbase will cut 20% of its personnel in order to weather the crypto market collapse. In a business blog post on Tuesday (Jan. 10) morning, CEO Brian Armstrong revealed the layoffs, which affect 950 of Coinbase’s 4,700 employees. It is the third time the bitcoin exchange has cut personnel since June of last year. The … Read more
Nassau Financial Group and Angel Island Capital Management announced today their merger. Nassau Asset Management LLC, Nassau’s asset management business, has acquired AIC. AIC, founded in 2008 by Golden Gate Capital, is a speciality credit investment business with $3.6 billion in assets under management, including about $300 million in balance sheet capital. Alex Dias, CEO … Read more
Worlds Enterprises, Inc., the developer of a new 4D infrastructure for developing the Industrial Metaverse, has completed its $21.2 million Series A1 investment round. Moneta Ventures led the round, with participation from Align Capital, Green Park & Golf Ventures, Chevron Technology Ventures, Piva Capital, PerotJain, and Capital Factory. The funds will be used to continue … Read more
Rapid Silicon, a manufacturer of open-source AI and intelligent edge-focused FPGAs, announced its $30 million Series A round today. Cambium Capital and others have contributed $15 million to the company, which includes all previous investors from its seed round. The second closing is scheduled during the first quarter of 2023. This current round of funding … Read more
Milestone funding from leading strategic and financial investors will help accelerate company’s mission to measurably improve outcomes for patients living with polychronic conditions, including chronic kidney and end-stage renal disease
Apptio, the leading provider of TBM tools, announced today the acquisition of Cloudwiry, an industry leader in multi-cloud savings automation and FinOps. Cloudwiry, founded in 2016, automates commitment management and optimization for enterprise customers, maximizing savings, lowering risk, and boosting flexibility. Cloudwiry, based in Austin, was formed with the goal of reducing the most difficult … Read more