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Aktana raises $17.5 million

Aktana, a company offering CRM solutions pharmaceutical sales, has raised $17.5 million in funding led by Safeguard Scientifics, with participation from existing investor Starfish Ventures.

Aktana says it will use proceeds from the financing for continued product development and expansion. The company plans to open offices in China and Europe, adding to its current offices in San Francisco, New York City, and Tokyo.

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.