Security

Convex Adds to Capital Base With $500 Million From Investor Sixth Street

1 day ago   |   By A.M. Best

Convex Group Ltd. said it secured $500 million in committed preferred equity capital from affiliates of investment firm Sixth Street.
The investment follows $1 billion in capital raising by the ...
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Harness snags $85M Series C on $1.7B valuation as revenue grows 3x

1 day ago   |   By Tech Crunch

Harness , the startup that wants to create a suite of engineering tools to give every company the kind of technological reach that the biggest companies have, announced an $85 million Series C today on a $1.7 billion valuation.
Today's round comes after 2019's $60 million Series B , which had a $500 million valuation, showing a company rapidly increasing in value. For a company that launched just three years ago, this is a fairly remarkable trajectory.
Alkeon Capital led the round with help from new investors Battery Ventures, Citi Ventures, Norwest Venture Partners, Sorenson Capital and...
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Automated CI/CD platform Harness raises $115 million at a $1.7 billion valuation

Automated CI/CD platform Harness raises $115 million at a $1.7 billion valuation

1 day ago   |   By Venture Beat

Harness, an automated CI/CD platform for engineering and DevOps teams, has raised $115 million at a $1.7 billion.
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Biden's aid plan could revamp economy, prompt GOP resistance

Biden's aid plan could revamp economy, prompt GOP resistance

BALTIMORE - The $1.9 trillion rescue plan unveiled by President-elect Joe Biden offers the chance to sculpt the U.S. economy toward the Democrats' liking: a $15 minimum wage... Read more ...

The Latest: Mexico hits another record for COVID-19 cases

The Latest: Mexico hits another record for COVID-19 cases

Mexico has posted yet another record increase in coronavirus cases, with 16,468 newly confirmed infections and 999 more deaths. Read more ...

Pelosi taps retired military commander, who oversaw the US response to...

Pelosi taps retired military commander, who oversaw the US response to Hurricane Katrina, to oversee probe into security failures during Capitol siege

Summary List Placement House Speaker Nancy Pelosi has tapped retired Lt. Gen. Russel Honoré to lead "an immediate review" of the security of the US Capitol Complex after armed... Read more ...

US stocks slide as disappointing bank earnings prompt end-of-week sell-off

US stocks slide as disappointing bank earnings prompt end-of-week sell-off

Summary List Placement US stocks sank on Friday as investors digested disappointing bank earnings and a December slump in retail sales. Retail sales shrank 0.7% in December as... Read more ...

Daily Crunch: WhatsApp responds to privacy backlash

Daily Crunch: WhatsApp responds to privacy backlash

WhatsApp delays enforcement of a controversial privacy change, Apple may get rid of the Touch Bar in future MacBooks and Bumble files to go public. This is your Daily Crunch... Read more ...

The Latest: Oregon governor blames feds for vaccine delay

The Latest: Oregon governor blames feds for vaccine delay

SALEM, Ore. - Gov. Kate Brown said Friday that plans to vaccinate Oregon residents over 65 starting next week would have to be delayed and scaled back substantially as she... Read more ...

The Latest: Wisconsin gov blasts empty federal vaccine vow

The Latest: Wisconsin gov blasts empty federal vaccine vow

MADISON, Wis. - Gov. Tony Evers blasted federal officials Friday for promising to release the remainder of their COVID-19 vaccine stockpile when it apparently was already... Read more ...

The Latest: Biden rebukes unmasked lawmakers in insurrection

The Latest: Biden rebukes unmasked lawmakers in insurrection

WASHINGTON - President-elect Joe Biden issued a rebuke of Republican lawmakers who refused to wear masks while sheltering in crowded rooms during last week's violent... Read more ...

What is ChowNow? How the food-ordering service differs from its competition

What is ChowNow? How the food-ordering service differs from its competition

Summary List Placement Food delivery apps like Uber Eats and DoorDash seem nearly ubiquitous in the restaurant industry - if you're running a restaurant and you want people in... Read more ...

6 things you need to know about Joe Biden's just-released plan to transform...

6 things you need to know about Joe Biden's just-released plan to transform the chaotic covid vaccine rollout

Summary List Placement Long lines in Florida. Appointment website failures in California. Vaccines tossed in the trash in New York . The early weeks of the US coronavirus... Read more ...