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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]

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Island raises $175M

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Binance founder Changpeng ‘CZ’ Zhao sentenced to 4 months in prison — Gizmodo

Zhao pleaded guilty to money laundering violations as part of Binance’s agreement with the United States Department of Justice, writes Maxwell Zeff in Gizmodo.