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Microsoft lays off another 650 from gaming division

Microsoft lays off another 650 from gaming division
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
September 13, 2024

What We're Reading

Trending Companies

 

InMobi, a company that operates an advertising platform for advertisers and publishers, raises $100MM Mars Growth Capital.

Digital Advertising • Singapore, Singapore

 

PanTera, a biotech company intended to offer large-scale production of actinium-225 (225Ac) to treat cancer patients, raises €93MM Series A from EQT Life Sciences.

Life Sciences • Mol, Belgium

 

Radiant Biotherapeutics, a company that develops a modular multi-valent and multi-specific platform, raises $35MM Series A from Bill & Melinda Gates Foundation.

Therapeutics • Toronto, Canada

 

Glean, a software company that develops work assistant software, raises $260MM Series E from Altimeter Capital.

Enterprise Software • Palo Alto, CA • Post-Money Valuation

 

P0 Security, a firm that develops cloud management platform, raises $15MM Series A from SYN Ventures.

Workflow Management • San Francisco, CA • Post-Money Valuation

 

Cashmere, a company that develops an artificial intelligence-powered intelligent automation platform, raises $3.6MM Seed from Canapi Ventures.

Automation • Los Angeles, CA • Post-Money Valuation

 

Catalyst, a company that develops a shoulder replacement system, raises $20MM Debt and Equity Funding from Mutual Capital Partners.

Medical Devices • Naples, FL • Post-Money Valuation

 

AudiencePlus, a company that builds software, content, and community to help every company evolve their content and media marketing, raises $7MM Equity Funding from Emergence Capital Partners.

Digital Media • Scottsdale, AZ • Post-Money Valuation

 

Forterra, a company that provides autonomy and robotic technology for security and effectiveness of  transportation and mission-critical operations, raises $75MM Series B from XYZ Venture Capital.

Autonomous Vehicles • Clarksburg, MD • Post-Money Valuation

 

SpectraWAVE, a medical device company that develops optical diagnostic and therapeutic devices, raises $50MM Series B from Johnson & Johnson Innovation.

Medical Devices • Bedford, MA • Post-Money Valuation

 

 

FlashParking, a company that develops a platform that connects reservable parking and charging in the apps drivers use every day, raises $85MM Debt Funding from Vantage Infrastructure.

Apps • Austin, TX • Post-Money Valuation

 

Angel, a company that develops an AI-smart digital companion tool designed to provide safe access to online experiences while supporting kids' healthy development, raises $1.1MM Seed from Magnify Ventures.

Artificial Intelligence • New Castle, DE • Post-Money Valuation

 

Race Communications, a firm that provides fiber internet services, raises $375MM Equity Funding from Oak Hill Capital Management.

Internet • South San Francisco, CA • Post-Money Valuation

 

StackGen, a company that develops Infrastructure from Code (IfC) based on application code, raises $12.3MM Seed from Thomvest Ventures.

Infrastructure as a Service (IaaS) • San Ramon, CA • Post-Money Valuation

 

Darkhive, a defense tech firm that develops autonomous drones for public safety and military personnel, raises $21MM Series A from Ten Eleven Ventures.

Drones • San Antonio, TX • Post-Money Valuation

 

Absolute acquires Syxsense, a company that provides cloud-native IT management and security suite.

Cloud • Newport Beach, CA • Deal

 

Progress Software intends to acquire ShareFile, a company that provides SaaS-native, AI-powered, document-centric collaboration.

Collaboration • Raleigh, NC • Deal

 

Convergint acquires Esscoe, a company that offers design, service, inspection, installation, and monitoring services for integrated electronic systems.

Installation • Lake Zurich, IL • Deal

 

Confluent acquires Warpstream, an infrastructure provider for cloud-native data streaming.

Streaming • Chicago, IL • Deal

 

CSC acquires Backcountry, an online retailer of outdoor sporting gear.

Retail • Chicago, IL • Deal

 

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