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Gigya Raises $25 Million Funding

Gigya has closed a $25 million funding round led by Greenspring Associates. Existing investors including Benchmark Capital, Mayfield Fund, DAG Ventures and Advance Publications, also participated in the round. With the closing of this round, Gigya has raised $70 million in venture funding.

Gigya provides solutions to consolidate and manage permission-based identity and behavior data.

[Image courtesy: Gigya]

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IBM to acquire HashiCorp for $6.4B

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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.