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Tegile Systems Raises $35M

Tegile Systems, a provider of hybrid storage arrays for virtualized server and virtual desktop environments, has closed a $35 million Round C funding. The investment was led by Meritech Capital Partners, with additional investment by original stakeholder August Capital and strategic partners Western Digital  and SanDisk. Paul Madera, managing director of Meritech, is joining Tegile’s board of directors.

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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.