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AlertMedia raises $25 million

Emergency communications software provider AlertMedia has closed a $25 million investment from growth equity firm JMI Equity.

AlertMedia has raised $42 million to date. The company’s customers include  DHL, British Petroleum, Texas Roadhouse, and Walmart, according to a statement released by the company.

[Image courtesy: AlertMedia]

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.