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Pekan Designs – Web Design & Digital Marketing Agency | Digital Agency for Innovative Web and App Design

Fungible raises $200 million led by SoftBank Vision Fund to help companies handle increasingly massive amounts of data

Fungible, a startup that wants to help data centers cope with the increasingly massive amounts of data produced by new technologies, has raised a $200 million Series C led by SoftBank Vision Fund, with participation from Norwest Venture Partners and its existing investors. As part of the round, SoftBank Investment Advisers senior managing partner Deep […]

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Cathay Innovation leads Laiye’s $35M round to bet on Chinese enterprise IT

For many years, the boom and bust of China’s tech landscape have centered around consumer-facing products. As this space gets filled by Baidu, Alibaba, Tencent, and more recently Didi Chuxing, Meituan Dianping, and ByteDance, entrepreneurs and investors are shifting attention to business applications. One startup making waves in China’s enterprise software market is four-year-old Laiye, […]

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Corporate travel platform TripActions quadruples valuation with $250M Series D

Venture capital investors Andreessen Horowitz, Zeev Ventures, Lightspeed Venture Partners and Group 11 have valued TripActions, a travel booking service tailored for large enterprises, at $4 billion with a $250 million Series D. The round, announced this morning, brings the business’s total raised to $480 million. TripActions co-founder and chief executive officer Ariel Cohen tells […]

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