Thoma Bravo buys cybersecurity vendor Proofpoint for $12.3B in cash
More M&A activity is underway in the red-hot field of cybersecurity. In the latest development, private equity giant Thoma Bravo is buying Proofpoint, the SaaS security vendor, for $12.3 billion in cash.
Proofpoint is traded publicly on the Nasdaq exchange and as of its closing price on Friday,
Detroit-based Signal Advisors raises $10M Series A led by General Catalyst
Signal Advisors is building a specialized financial platform for financial advisors, and the company is announcing it raised a $10 million Series A led by Brian Ru and Hemant Taneja at General Catalyst. This funding is on top of the $6 million seed round it raised in 2020 from Detroit Venture Partn
Investors eat up Orbillion Bio’s plans for lab-grown Wagyu beef, elk and bison
Orbillion Bio’s plans to make high-end meats in a lab have investors lining up for a seat at the company’s cap table.
Mere weeks after launching from Y Combinator’s famous accelerator program, the Silicon Valley-based potential purveyor of premium lamb loins, elk steaks, bison bur
Mighty Networks raises $50M to build a creator economy for the masses
Mighty Networks, a platform designed to give creators and brands a dedicated place to start and grow communities, has closed on $50 million in a Series B funding round led by Owl Ventures.
Ziff Capital Partners and LionTree Partners also participated in the financing, along with existing backers In
Insurgent UK broadband startup Cuckoo Internet raises $6M round led by RTP Global, with JamJar Investments
Cuckoo Internet, which is aiming to be an insurgent startup in the broadband provider space in the U.K., has closed a $6 million investment round led by RTP Global, along with participation from JamJar Investments. It will also launch on price-comparison site uSwitch.
RTP Global was an early backer
AI startup Faculty wins contract to predict future requirements for the UK’s NHS
Faculty, a VC-backed artificial intelligence startup, has won a tender to work with the NHS to make better predictions about its future requirements for patients, based on data drawn from how it handled the COVID-19 pandemic.
In December 2019, Faculty raised a $10.5 million Series A funding round f
China’s e-commerce giant JD.com starts paying some staff in digital yuan
China’s plan to introduce its digital currency is getting a lot of help from its tech conglomerates. JD.com, a major Chinese online retailer that competes with Alibaba, said Monday that it has started paying some staff in digital yuan (since January), the virtual version of the country’
India’s LEAD School raises $30 million to reach more students
An Indian startup that is helping digitize and transform affordable private schools to better serve students from middle and low-income groups of families said on Monday it has raised $30 million in a new financing round as it looks to scale its efforts in the world's second most populous natio
Alleged records of 20 million BigBasket users published online
A database of about 20 million alleged BigBasket users has leaked on a well-known cybercrime forum, months after the Indian grocery delivery startup confirmed it had faced a data breach.
The database includes users’ email address, phone number, address, scrambled password, date of birth, and
YC-backed Kidato raises $1.4M seed to scale its online school for K-12 students in Africa
In public schools across Africa, classrooms are often overcrowded and this affects how teachers and students interact. The large classroom creates too much work for teachers leaving students’ individual problems unattended.
Private schools are modeled to fix these issues, but they can be expe
Robo-advisor StashAway gets $25M Series D led by Sequoia Capital India
Investment app StashAway has raised a $25 million Series D led by Sequoia Capital India, with participation from returning investors Eight Roads Ventures and Square Peg. After regulatory approvals for the funding are completed, Sequoia Capital India managing director Abheek Anand will join StashAwa
The #8meals app from Habits of Waste helps people cut back on meaty meals to save the planet
Earth Day may have come and gone, but with apps like #8meals from the non-profit Habits of Waste, anyone can try and do their part to help reduce deforestation and rising greenhouse gas emissions by cutting meat out of their diets for just 8 meals a week.
The app, which was created by Habits of Was
Gardening startup Neverland raises $4.7M to make every day Earth Day for the home gardener
Vera Kutsenko and Hayley Leibson have incredible tech pedigrees, but their latest venture involves as much digging in dirt as it does digging through lines of code.
The two women raised $4.7 million for Neverland, a startup for the home gardener that aims to be a marketplace connecting mom-and-pop
Interview: Apple executives on the 2021 iPad Pro, stunting with the M1 and creating headroom
When the third minute of Apple's first product event of 2021 ticked over and they had already made 3 announcements we knew it was going to be a packed one. In a tight single hour this week, Apple launched a ton of new product including AirTags, new Apple Card family sharing, a new Apple TV, a n