HMD Global, the exclusive licensee of the Nokia brand for tablets and smartphones, notched a $230 million investment from some of its leading strategic partners with the “first closing” of its current funding round. The funding would continue to propel the company’s strategic vision forward...
Ucommune, a Chinese rival of co-working space operator WeWork, scrapped a planned U.S. IPO via a document filed on Monday (Aug. 10) with the U.S. Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
It appears that billionaire Daniel Gilbert, the 58-year-old founder of Quicken Loans and Rocket Mortgage, made the right call when he trimmed the size of the company’s initial public offering (IPO) by more than $1 billion. Get the Full Story Complete the form to unlock this article...
BigCommerce, which works in software for online business operations, saw its value rise by 292 percent after an initial public offering (IPO) for $216 million was priced above a target range, according to a report by Bloomberg. Get the Full Story Complete the form to...
Zibo, which works to provide streamlined and accessible financial services for landlords, has raised $10.5 million in a seed round led by Canaan Partners, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Rocket Companies, the parent of mortgage lending giant Quicken Loans, reduced its terms to go public, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Volante Technologies, which works in cloud payment processing, announced a $35 million growth equity funding round led by Wavecrest Growth Partners, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Voice-focused deep learning tech firm Syntiant has notched $35 million in a Series C funding round. Applied Ventures, LLC and M12, the venture fund of Microsoft, headed up in the financing, according to a Tuesday (August 4) announcement from Syntiant. Get the Full Story Complete the...
Japanese eCommerce and payments platform hey announced a Series E investment led by Bain Capital, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...