Business
Mylo, an insurance digital broker, raised $28 million in a Series A funding round led by Guggenheim Partners. Waller Helms Advisors acted as exclusive financial advisor to Mylo and Lockton
Semiconductors Startup Closes $2 Million
Tortuga Logic announced it has secured $2 million in seed financing from Eclipse Ventures. The company, which specializes in silicon security and design, creates products
Axios Brings In $20 Million
Media publisher Axios announced the close of $20 million in financing. Six investors contributed to the round: Greycroft Partners, Lerer Hippeau Ventures, NBC Universal,
Tesla Debuts the Semi Electric Truck
Automaker Tesla unveiled its newest product line, an electric truck called Semi. According to the company, the truck’s four independent motors provide maximum power
Ziff Davis Enterprise Acquires Mashable for $50 Million
Digital media company Ziff Davis Enterprise purchased technology news media outlet Mashable for $50 million. Mashable was created in 2005 by Pete Cashmore from his
InsureTech Startup Brings In $35 Million
Health IQ Insurance Services announced the completion of $34.6 million in Series C financing, led by Andreessen Horowitz, with participation from CRV, Ribbit Capital,
SailPoint Technologies Goes Public; Acquires $240 Million
SailPoint Technologies, which provides identity governance software to enterprises, raised $240 million by offering 20 million shares at $12 in its IPO, above the
B2B Payment Startup Raises $6 Million
PayStand announced the close of $6 million in Series A financing, led by BlueRun Ventures. Cervin Ventures, Serra Ventures, TiE Angels and Capital for
K1 Investment Management Purchases Actiance
K1 Investment Management announced the acquisition of Actiance, a communications compliance, archiving, and analytics company. Pending regulatory approval from government authorities, Actiance will combine
Kabbage Closes $200 Million
Financial technology company Kabbage completed $200 million in financing from Credit Suisse. Kabbage is an automated technology and data platform that provides direct access to