Druva, a software company that sells cloud data backup services, announced today that it has closed a $147 million round of capital. Caisse de dépôt et placement du Québec (CDPQ), a group that manages Quebec’s pension fund, led the round, which also saw participation from Neuberger Berman. Prior investors including Atreides Management and Viking Global…
FILE PHOTO: A teenager receives a vaccination against the coronavirus disease (COVID-19), in Tel Aviv, Israel, January 24, 2021. REUTERS/Ronen ZvulunJERUSALEM (Reuters) – Israel has registered eight cases of a coronavirus variant first identified in India and believes that the Pfizer/BioNTech vaccine is at least partially effective against it, an Israeli health official said on…
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. If you want it in your inbox every Saturday morning, sign up here. Ready? Let’s talk money, startups and spicy IPO rumors. This week, Scale…
Say it louder for the people in the back: As tech grows bigger by the minute and venture capital adds dollar signs by the day, a startup hub’s success is not an either/or situation. The next Silicon Valley is a tired narrative, when in reality startups look, innovate and create differently all over the world.…
AppLovin Corporation (“AppLovin”), a global technology platform that provides developers a unified set of tools to grow their business, today announced the pricing of its initial public offering of 25,000,000 shares of its Class A common stock at a price… AppLovin Corporation (“AppLovin”), a global technology platform that provides developers a unified set of tools…
Shape strategic responses through the phases of industry recovery NEW YORK, April 13, 2021 /PRNewswire/ — The business process management as a service (BPMaas) market is expected to grow by USD 19.56 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the business process management…
SpaceX on Friday was awarded an exclusive $2.9 billion contract to help NASA return to the moon. NASA and SpaceX negotiated a contract, excluding Blue Origin based on its high first bid. “We are looking to learn more about the selection,” a Blue Origin spokesperson told Insider. See more stories on Insider’s business page. Many…
US regulators posted a video of a child being sucked under a Peloton Tread+ treadmill. The US Consumer Product Safety Commission is warning owners with children or pets to stop using their Tread+ amid safety concerns. Peloton pushed back against the warning, calling it “inaccurate and misleading.” See more stories on Insider’s business page. US…
Patients suffering from the coronavirus disease (COVID-19) get treatment at the casualty ward in Lok Nayak Jai Prakash (LNJP) hospital, amidst the spread of the disease in New Delhi, India April 15, 2021. REUTERS/Danish Siddiqui/File PhotoIndia’s capital New Delhi recorded 25,500 coronavirus cases in a 24-hour period, with about one in three people tested returning…
HONG KONG (Reuters) – Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology giant and give up control, as meetings with Chinese regulators signaled to the company that the move could help draw a line under Beijing’s scrutiny of its business, according to a source familiar with…
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