The app’s founder, Pavel Durov, confirmed the news. March 24, 2021 2 min read This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process. Co-founder Pavel Durov announced that the encrypted messaging application, better known as Telegram, managed to raise more than a billion dollars in bonuses […]
Tag: Billion
Airtable: How It Became A $5.8 Billion Company
Back in 2010, when Villi Iltchev led the investments and acquisitions team at Salesforce.com, he put together a purchase of Etacts. The startup, which was focused on creating an email platform, was actually less than a year old and had the backing of YCombinator as well as angels like Ron Conway, Joshua Schachter, Jawed Karim, and […]
$50 Billion for Small Business As Congress Passes a Sweeping $1.9 Trillion Stimulus
Lawmakers on Wednesday approved a massive $ 1.9 trillion relief bill, extending unemployment benefits through September 6, dispatching $ 1,400 checks for many Americans, and green-lighting $ 50 billion in new small business aid. The House passed the measure in a vote of 220 to 211, with no Republicans voting to approve. President Joe Biden is expected to […]
Zapier’s CEO Reveals How His Automation Startup Reached A $5 Billion Valuation Without Jumping On The VC ‘Hamster Wheel’
Zapier CEO Wade Foster avoids thinking about fundraising as much as possible. Profitable for years, his startup, which provides automation tools that connect apps together, gets plenty of interest from venture capitalists. Foster prefers thinking about his customers, he says: museum tour guides, Etsy sellers and coffee shop owners who don’t have time to follow […]
No-code development platform Webflow raises $140 million at a $2.1 billion valuation
Transform 2021 Join us for the world’s leading event about accelerating enterprise transformation with AI and Data, for enterprise technology decision-makers, presented by the #1 publisher in AI and Data Learn More Webflow, a cloud-based no-code website development and hosting platform used by major enterprises such as Allianz, Rakuten, Zendesk, and Dell, has raised $ […]
Honeywell lays down $1.3 billion to drive AI and IoT into life sciences
Honeywell announced yesterday it will acquire Sparta Systems for $ 1.3 billion to gain control of quality management software (QMS) that the company is promising to augment with machine learning algorithms and other AI capabilities. Within the life sciences sector, Honeywell is also pledging to integrate the TrackWise Digital QMS software from Sparta with internet […]
In a Single Tweet, Trump Threatens to Throttle Congress’s $900 Billion Covid-19 Relief Bill
After weeks of tense negotiations, hand-wringing, and haggling, Congress finally agreed on a new Covid-19 relief bill. Then on Tuesday evening–the week many expected President Donald Trump to sign the $ 900 billion package into law–he tweeted out a video expressing his dismay with a number of elements in the bill, threatening to throttle the deal entirely. […]
Lidar startup Innoviz goes public via $1.4 billion SPAC merger
The cutting-edge computer architecture that’s changing the AI game Learn about the next-gen architecture needed to unlock the true capabilities of AI and machine learning. Register here Israeli lidar startup Innoviz Technologies today announced that it will become publicly listed through a special-purpose acquisition company (SPAC) merger, where a “blank check” shell corporation — Collective […]
What Salesforce’s $27.7 Billion Acquisition of Slack Means for the Workplace
Salesforce is set to take ownership of the reigning workplace chat tool of the pandemic. The software company announced today that it plans to acquire Slack, the 11-year-old collaboration software maker co-founded by Stewart Butterfield and Cal Henderson, in a cash and stock transaction worth $ 27.7 billion. The deal marks the largest purchase in Saleforce’s history, and is among the top 10 biggest acquisitions […]
Salesforce’s Einstein platform is now serving over 80 billion predictions per day
When it comes to customer expectations, the pandemic has changed everything Learn how to accelerate customer service, optimize costs, and improve self-service in a digital-first world. Register here In September 2016, Salesforce launched Einstein, an AI platform to power predictions across all of the company’s cloud-hosted products. Just over four years after Einstein’s debut, Salesforce […]
How to Grow Your Small Startup Into a $4 Billion Cult Favorite, According to the Founder of KIND Snacks
November 18, 2020 5 min read Opinions expressed by Entrepreneur contributors are their own. Every entrepreneur wants to build the next big iconic brand. But how do you put yourself on that trajectory? I spoke to Daniel Lubetzky, who is returning to Shark Tank for his second season. Having founded and built KIND from one out-of-the-box […]
How Kind Turned 17 Years, 8 Product Lines, and a Love for Healthy Snacking into a $5 Billion Exit
Seventeen years after launching Kind, founder Daniel Lubetzky has found his exit strategy. The New York City-based maker of Kind bars will be acquired by snack food and petcare giant Mars, the companies announced on Tuesday. The deal has been oft-rumored ever since Mars, one of the largest privately-held companies in the U.S., purchased a […]
How Two Failures Led To A $3.2 Billion Deal With Twilio
Share to Facebook Share to Twitter Share to Linkedin SAN FRANCISCO, CALIFORNIA – SEPTEMBER 17, 2018: A passenger waiting to board his plane walks in … [+] front of a sign advertising Twilio at San Francisco International Airport in San Francisco, California. Twilio is a cloud communications platform based in San Francisco. (Photo by Robert […]
Alicia Keys And NFL Partner To Launch $1 Billion Fund To Support Black-Owned Businesses
Share to Facebook Share to Twitter Share to Linkedin Alicia Keys performs during “Saving Our Selves: A BET COVID-19 Effort.” Getty R&B icon Alicia Keys has been busy in the studio. Ahead of her album release Alicia happening later this month, she just released her new single, “Love Looks Better,” which she recently performed at […]
Google announces $10 billion ‘digitization fund’ for India
VB Transform The AI event for business leaders Hosted Online July 14 – 17 Register Today Take the latest VB Survey to share how your company is implementing AI today. (Reuters) — Alphabet’s Google on Monday said it will spend around $ 10 billion in India over the next five to seven years through equity […]