Fundings & Exits

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Beamery raises $2 million to help recruiters identify and draw in talent, instead of waiting for applicants

Beamery makes software to help recruiters manage relationships with prospective hires. London-based startup Beamery, formerly known as Seed.Jobs, has raised $2 million in a seed round from Edenred Capital Partners and Grupa Pracuj, a human resources tech firm. Beamery makes software that helps recruiters or employers identify, get connected to and nurture relationships with prospective hires, long before they apply for a job. The company’s client roster includes employers… Read More

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Microsoft buys Wand Labs to add more natural language tech to messaging apps and bots

colorful brain Microsoft, hot on the heels of the news that it is buying LinkedIn for $26.2 billion, has announced yet another acquisition, this time in the area of natural language and artificial intelligence: the company has purchased Wand Labs, a startup that develops messaging apps — and specifically technology behind them that lets them act more intelligently (beyond and alongside our own… Read More

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Private equity strikes again with $130M LogicMonitor investment

Server room Private equity firms have certainly been flexing their muscles this year, whether Thomas Bravo snagging Qlik for $3 billion or Vista Equity Partners grabbing Marketo for $1.9 billion and Ping Identity for another $600 million. Apparently Providence Strategic Growth, the growth investment arm of Providence Equity didn’t want to be left out and today they announced a $130 million investment… Read More

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Microsoft to buy LinkedIn for $26.2B in cash, makes big move into enterprise social media

microsoft linkedin Huge news today in the world of M&A in enterprise and social networking services: Microsoft has announced that it is acquiring LinkedIn, the social network for professionals with some 433 million users, for $26.2 billion, or $196 per share, in cash. The transaction has already been approved by both boards, but it must still get regulatory and other approvals. If for some reason the deal… Read More

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Ping shapes new identity after $600 million acquisition

Andred Durand, Ping Identity CEO When I walked into a conference room last Tuesday at the Cloud Identity Summit in New Orleans to interview Ping Identity CEO Andre Durand, it was my first chat with him since the company had been sold the week before for $600 million (as reported by The Information), a tidy exit for the 14 year old company.
I had questions, lots of questions. After all, in conversations with Durand and CFO… Read More

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Forge locks down $4.5M Series A to help gamers capture awesomeness

leagueoflegends Sometimes entrepreneurship is about starting battles and other times it’s about finishing them. Jared Kim has been on a mission to cut the frustration out of sharing gameplay with friends since he was 19. Forge, his second play in the space, closed a $4.5 million Series A yesterday led by True Ventures. This round matches a $4.5 million seed his company received back in March. Read More

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