tech:

taffy

Redbooth Raises $11M

Redbooth, a company working on enterprise-grade real-time collaboration software, has secured $11 million in a Series B round.  The investment was led by Altpoint Ventures and Avalon Ventures.

Redbooth says the company has gained traction with enterprise customers, including GE, Avis, US Airways, Dell, Warner Bros., and Novartis, among others. Redbooth has also signed an OEM agreement with CA Technologies, whereby its solutions will be included as part of CA’s product suites.

The latest investment brings the company’s total funding to $17.5 million.

[Image courtesy: Redbooth]

Just in

Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it — The Verge

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year, writes Lauren Feiner.

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.