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Concord raises $10 million

Contract lifecycle management platform Concord has closed $10 million Series A funding. The round was led by CRV (Charles River Ventures) and joined by existing investor Alven Capital, a firm that led Concord’s seed round.

Concord customers include Just Eat, Crédit Mutuel, and Stanford University, according to the company. The company was founded in 2014, and is headquartered in San Francisco.

[Image courtesy: Concord]

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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.