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Steelhouse Closes $6.3 Million Series B Financing

SteelHouse  has closed $6.3 million in Series B funding from Greycroft Partners, Rincon Venture Partners, Lighthouse Venture Group  and joins original investors Baroda Ventures and Ron Conway / SV Angel.

Mark Douglas (CEO, SteelHouse): The next 12 months will be the most exciting year in our company’s history.

SteelHouse is into behavioral commerce, enabling online retailers to deliver offers to their shoppers based on their distinct shopping personalities and buying behaviors. Steelhouse investors include Ron Conway, and venture capital firms Baroda Ventures, Greycroft Partners, Rincon Venture Partners and LightHouse Venture. Behavioral Commerce helps e-commerce companies give different shoppers different offers based on their shopping personalities and buying behaviors.

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Windows 11 Start menu ads are now rolling out to everyone — The Verge

Microsoft is starting to enable ads inside the Start menu on Windows 11 for all users, writes Tom Warren. 

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.