silver lake

BofA gives Ambani’s Jio Platforms a $100B-plus valuation

Bank of America has pinned a $107 billion valuation tag on Mukesh Ambani’s Jio Platforms, valuing the Indian telecoms and digital conglomerate 64.6% higher than the $65 billion at which it attra

Qualtrics accepts $12.5B all-cash acquisition offer to go private

Qualtrics, the software company behind an experience management platform used by thousands of companies such as Uber, Coca-Cola and Pfizer, has accepted a $12.5 billion all-cash offer from private equ

Qualtrics has $12B offer on the table to go private

Qualtrics was once a hot startup before SAP bought the company in 2018 for $8 billion. It was a fine exit, making the founders rich, but it never was really a good fit. SAP spun out the company just t

Star-studded digital avatar startup Genies launches NFT fashion marketplace

Digital avatar startup Genies, known its for high-profile partnerships with celebrities such as Justin Bieber, Migos and Cardi B, has just released its long-anticipated NFT storefront, “The Ware

$10B crypto developer platform Alchemy buys coding bootcamp in first-ever acquisition

Web3 developer infrastructure startup Alchemy, which last raised a $200 million Series C1 last February, has just made its first acquisition ever — and it’s in the education space. The co

Unity rejects AppLovin’s $20 billion merger offer

Unity announced this morning that it is committed to its merger with ironSource and will reject AppLovin’s $20 billion proposal. Last month, the news broke that Unity — a widely used game

Stripe is the latest fintech to falter, taking a 28% internal valuation cut

Stripe is the latest high-profile fintech company to experience a significant valuation cut as the market downturn begins to hit the sector especially hard. Last valued at $95 billion, the payments pr

Developer infrastructure expert Anand Iyer goes solo with new $20M crypto fund

Engineers are the bedrock of any tech product, and blockchains are no exception. As the race between different chains heats up, communities of loyalists are duking it out to attract developers to thei

Amazon aggregator Thrasio begins layoffs, names new CEO

The layoffs and new CEO appointment are the latest developments in a series of ups and downs for Thrasio.

Movable Ink, which taps AI to personalize marketing content, raises $55M

Movable Ink today announced that it secured $55 million in a Series D funding round led by Silver Lake Waterman with participation from Contour Venture Partners, Intel Capital and others, bringing the

Avatar startup Genies hits $1 billion valuation in latest raise

Only in the current market can one wonder how a celebrity avatar startup that sells NFT accessories took so long to hit a unicorn valuation. Genies, an LA-based digital avatar startup, announced Tuesd

Alchemy, which aims to be the ‘de facto platform’ for developers to build on web3, is now valued at $10.2B

As proof that web3 is not some passing trend, blockchain infrastructure startup Alchemy announced today that it has closed on a $200 million Series C1 equity round that values the company at $10.2 bil

Compound aims to be a one-stop shop for tech employees to manage their finances

Jordan Gonen and Jacob Schein had both worked in the tech industry for a few years when they realized they lacked a clear understanding of their own finances. Like many other tech employees, the two s

iProov snaps up $70M for its facial verification technology, already in use by Homeland Security, the NHS and others

Biometrics, and specifically facial recognition, have seen a surge of usage in the last several years, first as a tool to help organizations verify identities digitally against rising waves of fraud a

Heyday raises $555M to buy up and scale more D2C brands in the Amazon marketplace universe

Consolidation to have better economies of scale is one of the biggest themes in the world of e-commerce, and today a player in the world of online retail is announcing a large round of funding to doub

Thrasio, the Amazon aggregator, raises $1B in fresh funding at a valuation of up to $10 billion

One of the big leaders in buying up and scaling third-party merchants selling on Amazon and other marketplace platforms is announcing a major round of funding today as it continues to expand its ambit

Marketplace platform Mirakl raises $555 million at $3.5 billion valuation

French startup Mirakl has closed a new Series E funding round of $555 million. Following this round, the company is now valued at $3.5 billion. Mirakl helps you launch a marketplace on your online sto

Carta says it just used its own product to establish a new — and far higher — valuation for itself

Carta, the nine-year-old, San Francisco-based cap table management and valuation software company, just raised $500 million in its eighth round of funding, at a $7.4 billion valuation. That’s mo

ServiceMax promises accelerating growth as key to $1.4B SPAC deal

ServiceMax, a company that builds software for the field-service industry, announced yesterday that it will go public via a special purpose acquisition company, or SPAC, in a deal valued at $1.4 billi

Weight-loss platform Noom bulks up on $540 million in new funding

Since the pandemic began last year, nearly 61% of adults in the United States gained weight, with the average adult surveyed gaining 15 pounds, according to a report from the American Psychological As
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