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Adtech company Collective raises $34 million

Advertising technology company Collective has raised $34 million in an investment round led by Columbia Partners. Accel Partners, Greycroft and iNovia also participated in the round. The company has reportedly raised $100 million in debt and equity to date.

“With this increased investment, we will be able to accelerate the rollout of new features and functionality in the second half of 2016 and into 2017,” said Joe Apprendi, founder and CEO, Collective.

Just in

Windows 11 Start menu ads are now rolling out to everyone — The Verge

Microsoft is starting to enable ads inside the Start menu on Windows 11 for all users, writes Tom Warren. 

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.