TechTaffy

tech:

taffy

DoorDash taps banks for $400 million ahead of an IPO — Bloomberg

By TechTaffy Desk

DoorDash, the app-based food-delivery service, is in talks with banks about arranging a credit facility of about $400 million ahead of a possible initial public offering, writes Gillian Tan, Michelle Davis, and Ellen Huet.

Here is the link: https://www.bloomberg.com/news/articles/2019-08-08/doordash-is-said-to-tap-banks-for-400-million-ahead-of-an-ipo  

Just in

Series B

PortX raises $16.5M

Seattle-based PortX, an integration technology company focused on financial services infrastructure, has announced a Series B funding round of $16.5 million.
Others

Contentsquare to acquire product analytics platform Heap

Contentsquare has entered into a definitive agreement to acquire product analytics platform Heap, in what marks Contentsquare’s largest acquisition to date.
Seed

Nexusflow raises $10.6M

Palo Alto, Calif.-based Nexusflow, a company specializing in generative AI for cybersecurity, has raised a $10.6 million seed funding round.
Public Sector

IonQ expands partnership with Air Force for quantum networking research

Quantum computing company IonQ has inked a new agreement with the Air Force Research Lab (AFRL) to deliver two trapped ion quantum computing systems.
Public Sector

CGI wins 10-year AOUSC contract for $143.5M

CGI has been awarded a ten-year IDIQ contract by the Administrative Office of the U.S. Courts. If all options are exercised, the total value of the task order will be $143.5 million.