tech:

taffy

Electric skateboard startup Boosted raises $60 million

Boosted has raised $60 million in Series B financing. Khosla Ventures and iNovia Capital co-led the round, with participation from Series A investors including Stanford-StartX Fund and Bay Meadows.

Patrick Pichette, former Google CFO and current partner at iNovia Capital, will move from his existing independent board position to a preferred board seat, the company said in a statement.

Boosted has raised roughly $70 million to date.

[Image courtesy: Boosted]

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.