Bolt adds $75M to its Series C, as the battle to rule online checkout continues
Bolt, a startup that offers online checkout technology to retailers, announced this morning that it has added $75 million to its Series C round, bringing the financing to a total of $125 million.
WestCap and General Atlantic led the new tranche, which Bolt CEO Ryan Breslow told technewss was raise
The Station: Zoox’s six-year ride, Aurora makes its Uber ATG employee picks and NHTSA takes a new position on AVs
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IBM snags Nordcloud to add multi-cloud consulting expertise
IBM has been busy since it announced plans to spin out its legacy infrastructure management business in October, placing an all-in bet on the hybrid cloud. Today, it built on that bet by acquiring Helsinki-based multi-cloud consulting firm Nordcloud. The companies did not share the purchase price.
The US wants startups to get a piece of the $16 billion spent on space tech
The U.S. government is one of the biggest spenders in the nascent space industry, and the man who handles the money for the Air Force’s $16 billion checkbook wants startups to know that his door is open for them.
In all, Will Roper, the Assistant Secretary of the Air Force for Acquisition, Te
TikTok launches its first personalized annual recap feature, ‘Year on TikTok’
Spotify users have Wrapped and Instagram users have their Top 9. And now TikTok users will have their own year-in-review feature, too. The company today announced the launch of its first personalized annual recap feature with the launch of “Year on TikTok,” a video highlight reel that s
COVID-19 relief bill includes $1.9B to 'rip and replace' Huawei and ZTE equipment
A long-awaited COVID-19 relief bill finally received congressional approval over the weekend. Top-line efforts include plans to bolster a population feeling intense strain after nine months of shutdown. The $600 direct payment has, understandably, grabbed the most headlines, but there's a ton t
NextMind’s Dev Kit for mind-controlled computing offers a rare ‘wow’ factor in tech
NextMind debuted its Dev Kit hardware at CES last year, but the hardware is now actually shipping, and the startup shared with me the production version to take a test drive. The NextMind controller is a sensor that reads electrical signals from your brain’s visual cortex, and translates thos
After lockdowns boost gaming marketplace Eneba, it raises $8M from Practica and InReach
Eneba, a marketplace for gamers that sells games and other products, has raised an $8 million round of funding from Practica Capital and InReach Ventures. The funding is described as a “combination” of a seed and Series A round. Also participating in the funding for the Lithuanian start
Thoma Bravo to acquire RealPage property management platform for $10.2B
The busy year in M&A continued this weekend when private equity firm Thoma Bravo announced it was acquiring RealPage for $10.2 billion.
In RealPage, Thoma Bravo is getting a full-service property management platform with services like renter portals, site management, expense management and fina
OneTrust nabs $300M Series C on $5.1B valuation to expand privacy platform
OneTrust, the four-year-old privacy platform startup from the folks who brought you AirWatch (which was acquired by VMmare for $1.5 billion in 2014), announced a $300 million Series C on an impressive $5.1 billion valuation today.
The company has attracted considerable attention from investors in
Lockheed Martin acquires rocket engine maker Aerojet Rocketdyne for $4.4B as space heats up
Lockheed Martin (LM), the U.S.'s largest defence contractor, will acquire Aerojet Rocketdyne (AR), a rocket engine and missile manufacturer, for $4.4 billion including debt and net cash, giving the company a larger stake in space and hypersonic technology. The move comes amid the context of inc
OnePlus' latest concept phone changes color to 'breathe' with the user
Back in January, OnePlus showed off its first concept phone. The aptly (if plainly) named Concept One sported color-shifting glass, giving the effect of an “invisible camera” on the rear of the device. The concept wasn't particularly useful — if anything it was a fun diversion from bo
Indian court rejects retail giant Future Group’s plea against Amazon
An Indian court rejected Future Group’s plea that sought to prevent its partner Amazon from interfering in — and blocking — the Indian retail giant’s $3.4 billion asset sale deal to Mukesh Ambani's Reliance Industries, delivering a glimmer of hope to the American e-comme
SoftBank will reportedly file for a SPAC on Monday
SoftBank Investment Advisers may file as early as Monday to raise between $500 million and $600 million through an initial public offering of its first special purpose acquisition vehicle, reports Axios.
SoftBank Investment Advisers manages the two Vision Funds and may continue leaning into SPACs,