Search: DCM Ventures
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CADDi raises $89M
Chicago, IL-based CADDi, a procurement solutions provider for the manufacturing industry, has raised a $89 million Series C funding round.
Sensors Data raises $44 million
Sensors Data, a Chinese user behavior analysis and solutions provider, has closed its Series C financing totaling $44 million.
Pony.ai raises $112 million
Autonomous driving solutions company Pony.ai has closed a Series A funding round of $112 million.
Nok Nok Labs raises $8 million
Nok Nok Labs, a Palo Alto-based company founded in 2011 that develops authentication software, has raised $8 million in Series D financing. The investment was...
Shanhai Capital to acquire Analogix Semiconductor
Analogix Semiconductor and Beijing Shanhai Capital Management have entered into a definitive merger agreement under which a consortium led by Shanhai Capital will acquire...
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Industry
Amazon announces $1.31B investment in France
Amazon has announced a new investment of about $1.31 billion (€1.2 billion) in France, which the company says will lead to the creation of over 3,000 permanent jobs in the country.
Around the web
Amazon Web Services CEO Adam Selipsky to step down — CNBC
Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Mr. Selipsky after he exits the company June 3, writes Annie Palmer.Â
AI
Palo Alto Networks, Accenture expand alliance to offer generative AI services
Palo Alto Networks and Accenture have announced the expansion of their strategic alliance to provide new offerings that combine Palo Alto Networks' Precision AI technology with Accenture's secure generative AI services.Â
Industry
Intel appoints Kevin O’Buckley as SVP and GM of Foundry Services
Intel announced the appointment of Kevin O'Buckley as senior vice president and general manager of Foundry Services, the customer service and ecosystem operations division of Intel Foundry.
Industry
Squarespace to be acquired by Permira for $6.9B
Squarespace will be acquired by global private equity firm Permira in an all-cash transaction valued at approximately $6.9 billion.