Petabox, a W3 based cloud provider Raises Pre-seed round

Petabox, a W3 based cloud provider Raises Pre-seed round

Petabox, a San Francisco-based w3 based cloud provider announced it has raised $350,000 in pre-seed round funding. Investor in this round were not diclosed. Petabox is an AI-based solution, packaging and integrating multiple cloud storage services into a single composite service. Being a data storage aggregator Petabox use AI to monitor all the prices pertaining … Read more

PR Giant Cision Acquires Factmata, Leader in Media Monitoring & Technology

PR Giant Cision Acquires Factmata, Leader in Media Monitoring & Technology

Cision, a global comprehensive communications platform, has acquired Factmata Limited, a cutting-edge social and news media monitoring and analytics product that employs artificial intelligence to identify and track narratives online via articles, blogs, tweets, and other social chatter, highlighting those that could help or hurt brand reputation and value. Factmata, led by CEO Antony Cousins, … Read more

FogPharma Raises $178 Million Series D Funding

FogPharma Raises 8 Million Series D Funding

FogPharma®, a biotech company pioneering a new class of precision medicines that could eventually prove useful to the vast majority of therapeutic targets, including those previously thought to be “undruggable,” announced a $178 million Series D funding today. ARCH Venture Partners, Milky Way Investments, and Fidelity Management & Research Company participated in the financing round, … Read more

Merck to Acquire Imago BioSciences, Inc.

Merck to Acquire Imago BioSciences, Inc.

Merck (NYSE: MRK), known as MSD outside the United States and Canada, and Imago BioSciences, Inc. (Nasdaq: IMGO) announced today that they have entered into a definitive agreement in which Merck, through a subsidiary, will acquire Imago for $36.00 per share in cash, for a total equity value of approximately $1.35 billion. Imago is a … Read more

AMFG Raises $8.5 Million in Funding to Drive the Future of Fully Autonomous Manufacturing

AMFG Raises .5 Million in Funding to Drive the Future of Fully Autonomous Manufacturing

AMFG Corp., a rapidly growing Manufacturing Execution System (MES) & workflow automation software for 3D printing company, has raised $8.5 million in funding lead by Intel Capital to further propel them into the next era of industrial change. Jennifer Ard, an Intel Capital investor, has joined AMFG’s board of directors as part of the most … Read more

Palo Alto Networks acquires supply chain security provider Cider Security

Palo Alto Networks acquires supply chain security provider Cider Security

Palo Alto Networks announced Thursday that it will buy Cider Security, a supplier of application protection and software supply chain security, for about $195 million in cash. According to Melinda Marks, a senior analyst at Enterprise Strategy Group, this acquisition is a solid step toward enabling security to scale with modern software development. PAN stated … Read more

Natural gas producer BKV Corp files for U.S. IPO

Natural gas producer BKV Corp files for U.S. IPO

BKV Corporation, a U.S. natural gas producer, filed for an initial public offering in the United States on Friday, against a backdrop of growing energy demand and unpredictable commodities prices. Energy businesses have been among the biggest winners this year, as the conflict in Ukraine puts additional strain on the commodities supply chain. This year, … Read more

Magellan Health Services acquired by Evolent Health in $750M Deal

Magellan Health Services acquired by Evolent Health in 0M Deal

Centene bought Magellan Specialty Health, also known as NIA, as part of its acquisition of Magellan Health, Inc. in January 2022. Magellan Specialty Health is a premier specialty benefit management company that provides health plans with industry-leading utilization management solutions such as radiology management, musculoskeletal management, physical medicine management, and genetic testing solutions. Centene Corporation … Read more