Companies

Companies

Tim Cook named recipient of Newseum’s Free Expression Award

Apple CEO Tim Cook will receive the Newseum's 2017 Free Expression Award in the Free Speech category. Mr. Cook will be recognized for his leadership in creating technology that has had a profound impact on how we communicate, said a statement...

Xerox adds two new directors to board

Xerox CEO Jeff Jacobson, and Greg Brown, chairman and chief executive officer of Motorola Solutions, have joined Xerox’s board of directors. Mr. Brown also serves on the board of Motorola Solutions, Federal Reserve Bank of Chicago, Rutgers University, Business Roundtable and Skills...

Sprint names Néstor Cano COO

Sprint has named Néstor Cano, 52, to the newly created position of chief operating officer. Mr. Cano will report to Sprint president and CEO Marcelo Claure. Most recently, Mr. Cano was president of European Operations at Tech Data. Before joining Tech...

Software testing company Tricentis raises $165M

Tricentis, an automated software testing company headquartered in Vienna, Austria, has raised $165 million in a Series B financing round from Insight Venture Partners. As part of the transaction, the venture firm's managing director Mike Triplett will join Tricentis' board. Tricentis says...

Spaces raises $6.5M

Mixed reality company Spaces has raised $6.5 million in funding. The investment was led by China-based Songcheng Performances Development Co. , with additional investment from Comcast Ventures and other venture capitalists. Former DreamWorks Animation CFO Fazal Merchant, Comcast Ventures’ managing director Michael...

Hortonworks appoints Rajnish Verma President and COO

Hortonworks has appointed Raj Verma president and chief operating officer. According to a statement issued by the company, Mr. Verma will be responsible for advancing Hortonworks' global sales strategy and execution. He will also oversee sales, sales engineering, channel, professional services,...

Cogito raises $15M

DARPA-funded artificial intelligence company Cogito has raised a $15 million Series B round. The investment was led by OpenView, with participation from existing investors Romulus Capital and Salesforce Ventures. Scott Maxwell, founder and managing partner of OpenView, has joined the company’s board. Cogito says...

Delphi Automotive names Ana Pinczuk to its board of directors

Delphi Automotive has named Ana Pinczuk to its board of directors. Ms. Pinczuk brings more than 30 years of experience in high technology companies, including numerous senior leadership roles with Veritas, Cisco and AT&T. Most recently Ms. Pinczuk was the...

Zarget raises $6M Series A round

SaaS-based web optimization and marketing platform Zarget, has raised a $6 million Series A round of funding. The investment was led by Sequoia India, with participation from current investors Accel and Matrix Partners. Zarget says it plans to use the funds to scale...

Verdigris raises $6.7M

Artificial intelligence company Verdigris has raised $6.7 million, in a Series A extension round. The investment was led by Jabil, with Verizon Ventures also participating. Other investors in this round include Stanford StartX Fund and existing angels. In addition to investing, Jabil plans...

Workspot raises $6.2M Series B round

Cupertino-based virtual desktop infrastructure (VDI) company Workspot has closed $6.2 million in series B funding. The investment was led by Presidio Ventures, with additional funding from FollowSeed, Helion, Translink, and WTI.

D-Wave forms independent subsidiary for U.S. government business

Quantum computing company D-Wave Systems announced the formation of D-Wave Government, a U.S. subsidiary formed to provide D-Wave's quantum computer systems to the U.S. government. René Copeland, director of Government Sales for D-Wave Systems, was named president of the new subsidiary....

Chorus.ai raises $6.3 million

Chorus, a San Francisco and Tel-Aviv-based startup that says it uses artificial intelligence and natural language processing to helps sales teams learn what to say to route them more quickly to a closed deal, has raised $6.3 million in its first...

Customer data platform mParticle raises $17.5 million

Multi-screen customer data platform mParticle has closed a Series B funding round of $17.5 million, led by Bain Capital Ventures along with existing investor Social Capital. Scott Friend, who led the investment for Bain, will join the mParticle board. In another...

Serverless raises $3M

The company behind the Serverless Framework, Serverless, has secured $3 million in seed funding led by Trinity Ventures. Serverless Framework V1.0 is now out of beta, says the company. The framework enables businesses to build web, mobile and IoT applications comprised of cloud services...