MoEngage has raised a massive $180 million Series F, just over a month after securing $100 million. However, the majority of this new capital was used for secondary transactions, letting early backers and employees take money off the table.
Mont Phelps, the founder and longtime CEO of solution provider powerhouse NWN, has passed away at age 80. Under his leadership, NWN grew from a small acquisition with 35 employees and $5 million in sales to a CRN Solution Provider 500 giant with $350 million in sales and 600 employees before he step
Sequence, a startup building a revenue platform for finance teams, has raised $20 million in a round led by 645 Ventures. The funding highlights the intense investor focus on the B2B fintech and CFO tech stack verticals.
Slope, an AI-powered lending startup, is launching an integrated line of credit for Amazon sellers. The program, backed by a JPMorgan Chase facility, offers real-time approvals directly through Seller Central for businesses with over $100,000 in annual revenue.
Repsense, a data analytics startup whose Havel platform is used by NATO, has closed a €2 million Seed round. The funding will boost its capabilities in detecting and predicting information threats across social and traditional media.
iRobot, the company behind the Roomba, has filed for Chapter 11 bankruptcy. The move comes months after Amazon abandoned its planned $1.7 billion acquisition of the company, a deal former CEO Colin Angle called its “most viable path” to compete.
In a landmark move, the developers at legendary studio id Software have voted to form a union. This creates a “wall-to-wall” unit covering all employees and is a significant expansion of organized labor within Microsoft.
As data centers strain the power grid, utilities are scrambling for solutions. A startup called Haven is building a distributed network of home batteries and solar panels, offering them as a subscription or even free to low-income homeowners, to create virtual power plants exactly where the grid nee
A major NASA-led consortium says the technology to refuel satellites in high orbit is ready. The push is driven by the Space Force’s need for more agile, unpredictable spacecraft. A key demonstration is set for 2026.
Forbes is launching Iconoclast, a new global investment summit featuring the world’s top billionaires and changemakers. The event is spearheaded by veteran financial journalist and “Wall Street Maneet” herself, Maneet Ahuja.
