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Morgan Stanley

Databricks closes Series I funding round

Databricks has raised an undisclosed amount in Series I funding.  Existing investors Amazon Web Services (AWS), CapitalG, and Microsoft participated in the investments.

Cisco to acquire Splunk for $28B

Cisco and Splunk have announced an agreement where Cisco will acquire Splunk for $157 per share in cash, summing up to approximately $28 billion in equity value.

Francisco Partners, TPG acquire New Relic for $6.5B

New Relic has entered into a definitive agreement to be acquired by Francisco Partners and TPG. The acquisition will be an all-cash transaction, valuing New Relic at approximately $6.5 billion.

Everstream raises $50M

Supply chain insights and risk analytics company Everstream has raised a $50 million Series B funding round.

Morgan Stanley teams up with OpenAI to create bespoke solution for financial advisors

Morgan Stanley Wealth Management has teamed up with OpenAI, to create a bespoke solution for financial advisors.