Allen & Company

Scale AI Raises $1 Billion Series F to Push The Frontier of AI Data

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火曜日, 5月 21, 2024
Technology, Artificial Intelligence, Data Management, Microsoft, Founders Fund, Thrive Capital, OpenAI, AMD, Allen & Company, Spark Capital, Intel Capital, Y Combinator, Engineering, White, WCM, Meta, Tiger Global Management, Wellington Management Company, Accel

Scale AI , the data foundry for AI, today announced it has closed a $1 billion financing transaction, bringing the company to a valuation of nearly $14 billion.

Key Points: 
  • Scale AI , the data foundry for AI, today announced it has closed a $1 billion financing transaction, bringing the company to a valuation of nearly $14 billion.
  • As AI models evolve, the quality, quantity, and complexity of frontier data—the data needed to drive and ensure performance—increases exponentially.
  • As the data foundry for AI, Scale powers the data behind the end-to-end AI lifecycle, ensuring model builders and enterprises alike have the data they need to deploy AI confidently.
  • It requires bringing together the best minds in engineering, operations, and AI,” said Alexandr Wang, CEO and founder of Scale AI.

eBay, Collectors Enter into Commercial Agreement, Sign Deals for Acquisition of Goldin by eBay and Acquisition of the eBay Vault by PSA

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水曜日, 4月 10, 2024
EBay, Sale, Oliver Cromwell, Allen & Company, Partnership, PSA, Centerview Partners, Acquisition, Trust, EBAY, Friction, SAN, Online shopping

SAN JOSE, Calif., April 10, 2024 /PRNewswire/ -- eBay Inc. (NASDAQ: EBAY), a global commerce leader that connects millions of sellers and buyers around the world, and Collectors, parent company of PSA, the leading third party authentication and grading provider in the collectibles industry, today announced they signed definitive agreements to enter into a series of transactions that include a commercial agreement, the sale of Goldin from Collectors to eBay, and the sale of the eBay vault from eBay to PSA. The differentiated and complementary strengths of the respective companies will support more streamlined buying, selling, grading, and storage experiences for all who participate in the trading card hobby in the United States ("The Hobby").

Key Points: 
  • These deals represent a compelling opportunity to accelerate innovation in the industry and enable game-changing benefits for collectors.
  • "eBay is relentlessly focused on providing the best inventory and the highest level of trust for our global community," said Jamie Iannone, CEO, eBay.
  • PSA has also agreed to acquire the eBay vault, while maintaining seamless access to vault services for eBay's U.S. customers.
  • Centerview Partners is acting as financial advisor on the acquisition of Goldin and Freshfields is acting as legal advisor to eBay.

Two Non-Executives Joining the EnterpriseAlumni Main Board

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金曜日, 3月 8, 2024
Technology, Professional Services, DEI (Diversity, Equity and Inclusion), Social Media, Consumer, Security, Apps, Applications, Other Technology, Communications, Software, Environmental, Social and Governance (ESG), Networks, Women, Human Resources, Data Management, Consulting, Fintech, International, Woman, EVP, PWC, Courage, Growth, Senior advisor, Marks & Spencer, Allen & Company, Wells Fargo, Corporate Affairs, Maya, EnterpriseAlumni, London Stock Exchange Group, UNIT4, Management

“What better way to mark International Women’s Day than to welcome two accomplished women to our Board?

Key Points: 
  • “What better way to mark International Women’s Day than to welcome two accomplished women to our Board?
  • EnterpriseAlumni is the only technology company in the world to have raised money at scale while ensuring a gender balanced shareholder community.
  • “I am delighted to be joining Emma and her team as a Non-Executive Director of EnterpriseAlumni.
  • I am looking forward to contributing to the next phase of the EnterpriseAlumni journey both as the board chairperson and as an investor because I believe strongly in this mission."

Nasdaq Private Market Closes $62.4 Million Series B Financing, Led by Nasdaq, with New Investments from BNP Paribas, DRW Venture Capital, UBS, and Wells Fargo

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木曜日, 2月 8, 2024
Transfer, Partnership, NPM, SAN, Senior, Nasdaq Private Market, Environment, Digital, BNP Paribas, Investment banking, Settlement, Allen & Company, DRW, Goldman Sachs, Citigroup, UBS, Series, Wells Fargo, Cryptocurrency

The $62.4 million round was led by Nasdaq with participation from current investors including Allen & Company, Citi, and Goldman Sachs.

Key Points: 
  • The $62.4 million round was led by Nasdaq with participation from current investors including Allen & Company, Citi, and Goldman Sachs.
  • New investors in the Series B include BNP Paribas, DRW Venture Capital, UBS, and Wells Fargo.
  • NPM services some of the world’s most innovative private companies with their liquidity needs for employees and institutional investors.
  • Its Company Solutions business supports private companies using proprietary technology to facilitate tenders, auctions, and pre-direct listing programs.

Butterfly Network Announces Commercial Agreement with Mendaera for Next-Generation Interventional Robotic System Powered by Butterfly's Ultrasound-on-Chip™ Technology

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火曜日, 12月 19, 2023
Oncology, Software, Networks, Medical Devices, Hardware, Hospitals, Health Technology, Women, Semiconductor, Technology, Veterinary, Clinical Trials, Nursing, Pets, FDA, Surgery, Health, Robotics, Consumer, Baby, Maternity, Healthcare Reform, Practice Management, Managed Care, Other Health, General Health, Public Policy, Government, Radiology, Other Technology, Lux Capital, Butterfly, Entrepreneurship, Network, Founders Fund, Research, News, Silicon, Butterfly network, Allen & Company, Medical imaging

Mendaera’s robotic technology is compatible with Butterfly’s proprietary semiconductor-based ultrasound device and connected via Butterfly’s software development kit – Butterfly Garden™ – creating a system designed to improve precision and consistency for a broad range of image-guided, needle-based interventions.

Key Points: 
  • Mendaera’s robotic technology is compatible with Butterfly’s proprietary semiconductor-based ultrasound device and connected via Butterfly’s software development kit – Butterfly Garden™ – creating a system designed to improve precision and consistency for a broad range of image-guided, needle-based interventions.
  • This new category of robotics will increase access to high quality interventional treatment, ultimately aiming to streamline patient care within a healthcare system burdened by workforce shortages and burnout.
  • Mendaera has also announced completion of the research and design process for this novel robotic system.
  • To learn more about Butterfly Garden™ or Powered by Butterfly™, visit: https://www.butterflynetwork.com/butterfly-garden .

American Outdoor Brands Secures Patent Settlement Agreement with The Allen Company, Inc.

Retrieved on: 
金曜日, 10月 13, 2023
AOB, Intellectual property, Risk, EZ, Allen, AOUT, District court, Allen & Company, Patent, Annual report, Who Shot Rock & Roll, Growth, Security (finance), American Outdoor Brands, Telescopic sight

On September 25, 2023, the United States District Court for the District of Colorado entered a permanent injunction against Allen enjoining Allen from making, using, importing, selling, or offering for sale Shottrax and Shot-Rock shooting rests SKU Nos.

Key Points: 
  • On September 25, 2023, the United States District Court for the District of Colorado entered a permanent injunction against Allen enjoining Allen from making, using, importing, selling, or offering for sale Shottrax and Shot-Rock shooting rests SKU Nos.
  • 15253, 15229, 15224, 15222, 15228, 15225, 15252, 15226, and 15223; and the Precision Target Stand SKU No.
  • Brian Murphy, President and CEO of American Outdoor Brands, said, "Innovation remains key to our long-term growth, and we believe our proprietary designs and features have helped us build a loyal base of consumers who continue to trust our brands.
  • These statements relate to future events and our future results and involve a number of risks and uncertainties.

Harmonya Raises $20M Series A to Transform CPG and Retail with AI-Powered Product Data

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火曜日, 9月 5, 2023
Wellness, Allen & Company, CPG, Partner (business rank), Forecasting, Organization, Silicon, HQ, Sustainability, Public key certificate, Entrepreneurship, AI, Cryptocurrency, Retail

NEW YORK, Sept. 4, 2023 /PRNewswire/ -- Harmonya, a software company transforming CPG and retail with AI-powered product data, announced today their $20M Series A, bringing their total funding to $25M. The round was led by Bright Pixel Capital with the participation of existing investor Team8, as well as Arc Investors, J Ventures, Silicon Road Ventures, Allen & Company, LiveRamp Ventures, and Susa Ventures. The funds will be used to further develop Harmonya's proprietary generative AI technology, enhance its suite of tools, and scale its go-to-market operations.

Key Points: 
  • The current product data infrastructure used by major retailers and consumer packaged goods companies relies on outdated, static data models that lack a granular understanding of individual products.
  • Harmonya offers an AI-powered product data enrichment, categorization, and insights platform for retailers and brands.
  • "Bright Pixel Capital's deep understanding of retail and CPG technology further validates the transformative potential of the Harmonya platform," said Cem Kent.
  • "We've been looking closely at potential uses of data technologies and data infrastructure," said Yuval Shachar, Managing Partner and Executive Chairman of Team8.

Dara Khosrowshahi Joins Him For Her Board of Directors

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火曜日, 8月 15, 2023
Technology, Professional Services, Philanthropy, Women, Marketing, Communications, DEI (Diversity, Equity and Inclusion), Other Technology, Fund Raising, Consumer, Finance, The New York Times Company, Travel, Allen & Company, Gender representation on corporate boards of directors, Uber, Woman, Khosrowshahi, For Her, Glassdoor, Crunchbase, Management, Expedia

Today, social impact venture Him For Her announced Dara Khosrowshahi, CEO of Uber, has joined its board of directors .

Key Points: 
  • Today, social impact venture Him For Her announced Dara Khosrowshahi, CEO of Uber, has joined its board of directors .
  • Khosrowshahi brings a wealth of experience and visionary leadership, as well as a strong and demonstrated commitment to board diversity.
  • Prior to Uber, Khosrowshahi was CEO of Expedia, which he grew into one of the world’s largest online travel companies.
  • He currently serves on the Board of Directors of Expedia and Catalyst.org and was previously on the board of the New York Times Company.

Entravision Appoints Michael Christenson as Chief Executive Officer

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火曜日, 6月 20, 2023
Telecommunications, Software, Networks, Internet, Data Management, Technology, Apps, Applications, Mobile, Wireless, Allen & Company, Salomon Brothers, Growth, EVC, CA Technologies, NYSE, Television, Management, Entravision Communications

Entravision (NYSE: EVC), a leading global advertising solutions, media and technology company, today announced that Michael Christenson has been appointed Chief Executive Officer, effective July 1, 2023.

Key Points: 
  • Entravision (NYSE: EVC), a leading global advertising solutions, media and technology company, today announced that Michael Christenson has been appointed Chief Executive Officer, effective July 1, 2023.
  • “Mike is a proven executive with operational and financial expertise and a track record of driving growth through operational execution and strategic acquisitions.
  • “I am honored to join the team at Entravision,” said Mr. Christenson.
  • “Entravision is an industry leader with a unique value proposition and an impressive suite of digital marketing services across its global footprint.

Glow Financial Services Announces New Addition to its Prestigious Board of Advisors

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火曜日, 4月 18, 2023
United Nations Security Council, Dunne, Lords, AT, TD, Foreign Affairs Policy Board, EVP, DirecTV, Allen, KPN, Telstra, Central Waqf Council, GSMA, Sirius, Virgin Media, Liberty Global, House, Cobra Beer, CBI, Trustee, NGN, Allen & Company, Consumer, Verizon Communications, United, Vodafone Kabel Deutschland, OEM, Cornell University, International Association of Public Transport, Cryptocurrency, Management, EU

NEW YORK, April 17, 2023 /PRNewswire/ -- Glow today announces that Ronan Dunne has joined its Board of Advisors currently comprised of eight former CEOs of telecoms companies, two financing experts and the former CBI President.

Key Points: 
  • NEW YORK, April 17, 2023 /PRNewswire/ -- Glow today announces that Ronan Dunne has joined its Board of Advisors currently comprised of eight former CEOs of telecoms companies, two financing experts and the former CBI President.
  • In addition to being the former CEO of Verizon Consumer Group, Dunne was previously CEO of Telefónica UK (O2).
  • He recently left Verizon after more than six years as President/CEO.
  • The Board is currently helping Glow to achieve its strategic growth objectives and market expansion.