Home Authors Posts by chris@arsenalvp.com

chris@arsenalvp.com

BYJU'S has acquired Osmo for $120 million. Based in Palo Alto, California, Osmo is a provider of digital games for children. BYJU'S is backed by Naspers, CPPIB, General Atlantic, Chan-Zuckerberg Initiative, Tencent, Sequoia Capital, Sofina, Verlinvest, IFC, Aarin Capital, Times Internet and Lightspeed Venture Partners.
Truss, a marketplace for commercial real estate, has raised $15 million in Series A-2 funding. General Catalyst led the round.
Acorn Biolabs, a cryptopreservation company, has secured $3.3 million in seed funding. The investors included Real Ventures, Globalive Technology, Pool Global Partners and Epic Capital Management.
London-based ZigZag Global, a provider of software for retailers, has secured "multimillion pound" funding. Circularity Capital LLP led the round with participation from Plug And Play Ventures.
Measurabl, a provider of software for commercial real estate environmental, social and governance data management, has raised $18.7 million in Series B funding. Sway Ventures led the round with participation from other investors that included Salesforce Ventures, Camber Creek, Building Ventures, Concrete Ventures, Impact Engine, DivcoWest, Constellation Technology Ventures and S&P Global.
In Second Opinion, Sears Chairman Eddie Lampert prevails in a bankruptcy auction for the retailer with a $5.2 billion bid, Theresa May survives a no-confidence vote in the British Parliament and Citigroup pays women 30 percent less than men.
In Second Opinion, New York is suing Exxon Mobil, saying it deceived shareholders on climate change, Yahoo agrees to make a $50 million settlement to users who were hit by a massive security breach and packages containing explosive devices were sent to CNN and the homes of former Presidents Clinton and Obama.
Japan’s SoftBank Group Corp (9984.T) is in discussions to buy a majority stake in U.S. shared office space provider WeWork Cos, a source said, potentially doubling down on one of its biggest bets on a loss-making startup.
Cyber-security firm Darktrace said on Wednesday it has raised $50 million in its latest funding round led by European private equity firm Vitruvian Partners LLP, valuing the company at $1.65 billion.
First Read ushers in the end of the week with news that AIG stock tanks more than 5 percent after missing on earnings, Warner Music Group acquires Uproxx, and Sonos surged 32 percent in its first day of trading.
vcj
vcj

Copyright PEI Media

Not for publication, email or dissemination