DataRobot, a company best known for creating automated machine learning models known as AutoML, announced today that it intends to acquire Paxata, a data prep platform startup. The companies did not reveal the purchase price. Paxata raised a total of $90 million before today’s acquisition, according to the...
Pandora has begun to test a new type of advertising format that allows listeners to respond to the ad by speaking aloud. In the new ads, listeners are prompted to say “yes” after the ad asks a question and a tone plays. The ads will then offer more...
Last month, Carbon announced its first new CEO in the company’s history. With $260 million worth of investments and a $2.5 billion, it’s a big job. But Carbon’s 500-person headcount is small potatoes compared to Ellen Kullman’s last gig. For six years, Kullman headed up DuPont, the culmination...
Bill.com went public today after pricing its shares higher than it initially expected. The B2B payments company sold nearly 10 million shares at $22 apiece, raising around $216 million in its IPO. Public investors felt that the company’s price was a deal, sending the value of its...
Salesforce announced today that it has named Bret Taylor as president and chief operating officer of the company. Prior to today’s promotion, Taylor held the position of president and chief product officer. In his new position, Taylor will be responsible for a number of activities, including leading Salesforce’s ...
Reliance Industries, one of India’s largest industrial houses, has acquired a majority stake in NowFloats, an Indian startup that helps businesses and individuals build online presence without any web developing skills. In a regulatory filing on Thursday, Reliance Strategic Business Ventures Limited said (PDF) it has acquired an...
GetYourGuide has made a name for itself as the startup that helped the stale idea of guided tours for travellers on its head. Tapping into the generation of consumers who think of travel not just as going somewhere, but having an “experience” (and, ideally, recording it for Insta-posterity),...
Space industry heavyweight Northrop Grumman has signed a costumer for the launch of its first OmegA rocket, a medium/heavy lift launch vehicle that it’s currently readying for flight with a target of spring 2021 for its first ever flight. OmegA will unlock additional payload capacity vs. the launch...
If you want to win on Wall Street, Yahoo Finance is insufficient but Bloomberg Terminal costs a whopping $24,000 per year. That’s why Atom Finance built a free tool designed to democratize access to professional investor research. If Robinhood made it cost $0 to trade stocks, Atom...
Business-to-business payments company Bill.com priced its IPO today at an above-range $22 per share. The firm, selling 9.82 million shares in its offering, will raise around $216 million at a roughly $1.6 billion valuation. The company’s IPO pricing comes during a modestly uncertain time for unprofitable companies looking to...