DSTLRY Secures $5M in Seed Funding to Expand Digital Comics Marketplace

DSTLRY Secures M in Seed Funding to Expand Digital Comics Marketplace

DSTLRY, a New York-based digital comics marketplace, has successfully raised $5 million in seed funding to further its mission of redefining creator-owned comic books and expanding its reach in the digital and physical collectibles market. Growth and Expansion Plans: 1. Enhancing Platform Capabilities:With the new funding, DSTLRY plans to invest in the expansion of its … Read more

Lockheed Martin to Acquire Terran Orbital in $450M Deal

Lockheed Martin to Acquire Terran Orbital in 0M Deal

Lockheed Martin, a leading defense technology company based in Bethesda, MD, has announced a definitive agreement to acquire Terran Orbital, a global provider of satellite-based solutions primarily serving the aerospace and defense industries, for approximately $450 million. Strategic Growth and Expansion Plans: 1. Integration of Satellite Manufacturing Capabilities:This acquisition allows Lockheed Martin to integrate Terran … Read more

Impactpool Secures $4M Series A to Enhance Inclusive Job Opportunities

Impactpool Secures M Series A to Enhance Inclusive Job Opportunities

Impactpool, a Stockholm-based HRtech platform, has successfully raised $4 million in a Series A funding round aimed at expanding its mission to connect professionals with job opportunities in the international development, humanitarian, and impact-driven sectors. Growth and Expansion Plans: 1. Enhanced AI Capabilities and Services:With the new funding, Impactpool plans to invest further in its … Read more

SAM Strengthens Geospatial Services with Acquisition of Theorem Geo

SAM Strengthens Geospatial Services with Acquisition of Theorem Geo

SAM, an Austin-based leader in spatial data collection and decision support services for utilities, transportation, and infrastructure clients, has announced the acquisition of Theorem Geo, a Charlotte, NC-based company specializing in technology platforms and consulting services for utilities and government organizations. The financial terms of the deal were not disclosed. Growth and Expansion Plans: 1. … Read more

Payload Studios Announces 25% Staff Layoffs Amidst Industry Challenges

Payload Studios Announces 25% Staff Layoffs Amidst Industry Challenges

Payload Studios, the developer behind the popular game TerraTech, has announced a significant reduction in its workforce, with 25% of its staff being laid off. The news was shared by CEO and founder Russ Clarke via LinkedIn, citing the ongoing struggles within the wider gaming industry as the primary reason for the difficult decision. In … Read more

Korbyt Expands Global Reach with Acquisition of NFS Technology

Korbyt Expands Global Reach with Acquisition of NFS Technology

Korbyt, a Dallas-based provider of enterprise-grade omnichannel workplace communications solutions, has acquired NFS Technology, a UK-based leader in meeting room booking and space management software. The financial details of the deal were not disclosed. This acquisition, completed in partnership with Clearhaven Partners, a U.S.-based private equity firm focused on software investments, marks a significant strategic … Read more

Spline Raised $10M Series A to Innovate Collaborative 3D Design with AI

Spline Raised M Series A to Innovate Collaborative 3D Design with AI

Spline, a New York City-based provider of a collaborative 3D design platform, has raised $10 million in Series A funding. The investment round was led by Third Point Ventures, with notable contributions from Gradient Ventures, Y Combinator, Firestreak, Jorn van Dijk (CEO of Framer), and Guillermo Rauch (CEO of Vercel). Dan Moskowitz, a Partner at … Read more

Kiteworks Raised $456M to Bolster Leadership in Secure Content Communications

Kiteworks Raised 6M to Bolster Leadership in Secure Content Communications

Kiteworks, a San Mateo, California-based leader in secure content communications, has raised $456 million in a new funding round. The investment was led by Insight Partners and Sixth Street Growth, with Eoin Duane and Peter Sobiloff from Insight Partners, along with Alex Katz from Sixth Street, joining the Kiteworks board of directors. The significant funding … Read more

CodeRabbit raises $16M Series A to Revolutionize Code Reviews with AI

CodeRabbit raises M Series A to Revolutionize Code Reviews with AI

CodeRabbit, a Walnut Creek, California-based startup specializing in AI-powered code review automation, has raised $16 million in Series A funding. The round was led by CRV with additional participation from Flex Capital and Engineering Capital. The new funding will be used to broaden CodeRabbit’s product offerings and integrations. This includes adding enhanced security and vulnerability … Read more

Vista Equity Partners Acquires Jaggaer – A Strategic Move in Enterprise Procurement Software

Vista Equity Partners Acquires Jaggaer – A Strategic Move in Enterprise Procurement Software

Vista Equity Partners, headquartered in Austin, Texas, is a leading global investment firm with a dedicated focus on enterprise software, data, and technology-enabled businesses. Founded in 2000 by Robert F. Smith, Vista manages billions in cumulative capital commitments, making it one of the most prominent players in the private equity landscape. The firm is renowned … Read more