TMT

Revolve Group, Inc. to Present at Upcoming Raymond James and Morgan Stanley Investor Conferences

Retrieved on: 
Thursday, November 16, 2023
Generation, NYSE, Conference, TMT, Millennials, Generation Z

LOS ANGELES, Nov. 16, 2023 /PRNewswire/ -- Revolve Group, Inc. (NYSE: RVLV), the next-generation fashion retailer for Millennial and Generation Z consumers, will present at the following investor conferences:

Key Points: 
  • LOS ANGELES, Nov. 16, 2023 /PRNewswire/ -- Revolve Group, Inc. (NYSE: RVLV), the next-generation fashion retailer for Millennial and Generation Z consumers, will present at the following investor conferences:
    Raymond James TMT and Consumer Conference on Tuesday, December 5, 2023 at 9:10 a.m.
  • Morgan Stanley Global Consumer and Retail Conference on Wednesday, December 6, 2023 at 1:30 p.m.
  • Live webcasts of the presentations will be available within the "Events and Presentations" section of Revolve Group Inc.'s investor relations website at http://investors.revolve.com .
  • The webcasts will also be available for replay for a limited time following the conclusion of the live presentations.

Databricks Closes Series I Investment with Additional Participation from Strategic Partners

Retrieved on: 
Friday, November 10, 2023
Cloud, Data, CDO, Gen, Research, SAN, Ontario Teachers' Pension Plan, Engineering, Organization, Entrepreneurship, Qatar Investment Authority, Privacy, Investment, Morgan Stanley, TMT, Series, ClearBridge Investments, Franklin Templeton Investments, CapitalG, Partnership, Azure, QIA, Amazon Web Services, GIC, Microsoft Azure, AI, Microsoft, Google Cloud, AWS, AT&T, Tiger Global Management, Security (finance), Cryptocurrency, Sales, NVIDIA, Databricks

SAN FRANCISCO, Nov. 10, 2023 /PRNewswire/ -- Databricks, the Data and AI company, today announced additional closings of its recent Series I funding. Existing investors Amazon Web Services (AWS), CapitalG, and Microsoft, along with new investors AT&T Ventures, Qatar Investment Authority (QIA), and Sanabil Investments, participated in the funding round, which put the company at a $43B post-money valuation. The Series I funding will be used to accelerate the development of transformative AI technology, Gen AI research, and hiring AI data scientists and engineering talent.

Key Points: 
  • The Series I funding will be used to accelerate the development of transformative AI technology, Gen AI research, and hiring AI data scientists and engineering talent.
  • With our partners, we can accelerate the development of our platform and deliver business value faster for our customers."
  • This investment is aligned with QIA's investment approach to invest in forward-looking, tech-led companies, many of which are building AI seamlessly into their product and offerings.
  • We are pleased to be an investor in Databricks and look forward to a fruitful, long-term partnership as the company scales."

Databricks Closes Series I Investment with Additional Participation from Strategic Partners

Retrieved on: 
Friday, November 10, 2023
Cloud, Data, CDO, Gen, Research, SAN, Ontario Teachers' Pension Plan, Engineering, Organization, Entrepreneurship, Qatar Investment Authority, Privacy, Investment, Morgan Stanley, TMT, Series, ClearBridge Investments, Franklin Templeton Investments, CapitalG, Partnership, Azure, QIA, Amazon Web Services, GIC, Microsoft Azure, AI, Microsoft, Google Cloud, AWS, AT&T, Tiger Global Management, Security (finance), Cryptocurrency, Sales, NVIDIA, Databricks

SAN FRANCISCO, Nov. 10, 2023 /PRNewswire/ -- Databricks, the Data and AI company, today announced additional closings of its recent Series I funding. Existing investors Amazon Web Services (AWS), CapitalG, and Microsoft, along with new investors AT&T Ventures, Qatar Investment Authority (QIA), and Sanabil Investments, participated in the funding round, which put the company at a $43B post-money valuation. The Series I funding will be used to accelerate the development of transformative AI technology, Gen AI research, and hiring AI data scientists and engineering talent.

Key Points: 
  • The Series I funding will be used to accelerate the development of transformative AI technology, Gen AI research, and hiring AI data scientists and engineering talent.
  • With our partners, we can accelerate the development of our platform and deliver business value faster for our customers."
  • This investment is aligned with QIA's investment approach to invest in forward-looking, tech-led companies, many of which are building AI seamlessly into their product and offerings.
  • We are pleased to be an investor in Databricks and look forward to a fruitful, long-term partnership as the company scales."

Hometap Debuts at 14th Overall, Second Nationally in Fintech, in Deloitte 2023 Technology Fast 500

Retrieved on: 
Wednesday, November 8, 2023
Fintech, Professional Services, Finance, Deloitte Technology Fast 500, Creativity, Perseverance, Glass, Telecommunications, TMT

Hometap , the Boston-based financial technology company pioneering debt-free home equity financing, is pleased to announce its latest national ranking among the fastest-growing technology companies in the United States, placing 14th in the highly-respected Deloitte Technology Fast 500™ for North America published today.

Key Points: 
  • Hometap , the Boston-based financial technology company pioneering debt-free home equity financing, is pleased to announce its latest national ranking among the fastest-growing technology companies in the United States, placing 14th in the highly-respected Deloitte Technology Fast 500™ for North America published today.
  • In addition to its overall Fast 500 rank, Hometap also placed second highest in New England in 2023, after Cambridge, Mass.-based biotech Moderna landed fourth overall, and second nationally among fintechs, with Deloitte noting greater diversification among categories at the top of the list.
  • “Each year we look forward to reviewing the progress and innovations of our Technology Fast 500 winners.
  • “It is an honor and special highlight for Hometap to receive our debut place in Deloitte’s Fast 500 in 2023.

WILDBRAIN APPOINTS NICK GAWNE AS CHIEF FINANCIAL OFFICER AND REALIGNS EXECUTIVE TEAM TO DRIVE STRATEGIC FOCUS ON CONTENT CREATION, AUDIENCE ENGAGEMENT AND GLOBAL LICENSING

Retrieved on: 
Tuesday, November 7, 2023
Knowledge, Partnership, EVP, WildBrain Studios, WildBrain Spark, WildBrain CPLG, Smith, Chartered Professional Accountant, Peanuts, Acquisition, Television, Research, Animation, Hasbro, Digital, Growth, Content creation, Marketing, Jemma Gawned, Zamboanga Family's Atami Brand Sardines, HR, Erickson, Nathan Rothschild, 1st Baron Rothschild, Music, House, Family, AVOD, TMT, KPMG, IP, Engagement, PJ, TSX, House of Cool, Mask, Management, Video game, Eone, Teletubbies, WildBrain, Shcherba

Prior to the Hasbro acquisition, Gawne was Chief Operating Officer, Family and Brands, at eOne, working on production, content distribution and licensing for such franchises as Peppa Pig and PJ Masks.

Key Points: 
  • Prior to the Hasbro acquisition, Gawne was Chief Operating Officer, Family and Brands, at eOne, working on production, content distribution and licensing for such franchises as Peppa Pig and PJ Masks.
  • Earlier in his career, Gawne held roles with KPMG and NM Rothschild & Sons' TMT (telecoms, media and technology) M&A team in London.
  • Based in Toronto, Gawne reports to WildBrain President and CEO, Josh Scherba.
  • Gawne stated: "I'm delighted to be joining the WildBrain team, as I've long admired the company's capabilities and IP portfolio.

GTCR Announces Promotions and New Leadership for Portfolio Resources Group

Retrieved on: 
Tuesday, November 7, 2023
University, KPI-driven code analysis, UCLA School of Law, JD, BS, PRG, BSBA, GTCR, CommerceHub, Entrepreneurship, Investment, Information management, Law, Wharton School of the University of Pennsylvania, Environment, Portfolio, Growth, Widener University Commonwealth Law School, TMT, Security (finance), Management

CHICAGO, Nov. 7, 2023 /PRNewswire/ -- GTCR, a leading private equity firm, announced today the promotions of Jeff Wright to Managing Director and Cameron Rouzer to Principal, along with the promotions of Travis Krueger and Joseph Rubino to serve as Co-Heads of the firm's Portfolio Resources Group (PRG). 

Key Points: 
  • GTCR formed the PRG in 2022 to build intellectual capital and expertise in specific functional areas to further support portfolio company growth and performance.
  • PRG comprises a team of experienced professionals specializing in critical business fields, who work as resources for GTCR portfolio management teams.
  • Mr. Krueger, who joined GTCR in 2005, will also continue to lead GTCR's efforts in Portfolio Data and Analytics.
  • "The appointment of Travis and Joe as Co-Heads of the Portfolio Resources Group is a testament to their leadership and the impact that we are already achieving through the PRG.

Greenberg Traurig's David Zetoony Named Lexology Top Legal Influencer in Technology

Retrieved on: 
Tuesday, November 7, 2023
Federal Trade Commission, American Bar Association, California Consumer Privacy Act, Artificial intelligence, California Privacy Rights Act, LLP, Privacy, TMT, Medical device, Telecommunications, European

DENVER, Nov. 6, 2023 /PRNewswire-PRWeb/ -- David A. Zetoony, co-chair of global law firm Greenberg Traurig, LLP's U.S. Data Privacy & Cybersecurity Practice, has been named the top "Legal Influencer" in the field of Technology, Media and Telecommunications (TMT) - Europe by Lexology. TMT includes compliance with European data privacy and security laws, including those that regulate the use of Artificial Intelligence. This is Zetoony's 13th time being recognized as the top legal influencer in his field by the publication, which selected him from a pool of attorneys from more than 900 law firms.

Key Points: 
  • David A. Zetoony, co-chair of global law firm Greenberg Traurig, LLP's U.S. Data Privacy & Cybersecurity Practice, has been named the top "Legal Influencer" in the field of Technology, Media and Telecommunications (TMT) - Europe by Lexology.
  • DENVER, Nov. 6, 2023 /PRNewswire-PRWeb/ -- David A. Zetoony , co-chair of global law firm Greenberg Traurig, LLP 's U.S. Data Privacy & Cybersecurity Practice , has been named the top "Legal Influencer" in the field of Technology, Media and Telecommunications (TMT) - Europe by Lexology.
  • Lexology is one of the most comprehensive sources of international legal updates, analysis, and insights, according to its website.
  • He also regularly contributes to Greenberg Traurig's Data Privacy Dish blog , which provides updates on the evolving data protection landscape.

Kandou will be sharing Its Vision and Market-Leading Solutions Strategy at the Morgan Stanley European Technology, Media & Telecom Conference

Retrieved on: 
Monday, November 6, 2023
TMT, Conference, Management

Who: Kandou ’s Founder and CEO Dr. Amin Shokrollahi, and CFO Jeff Winzeler.

Key Points: 
  • Who: Kandou ’s Founder and CEO Dr. Amin Shokrollahi, and CFO Jeff Winzeler.
  • What: Presenting Kandou’s vision and innovative high-performance, low-power chip communications solutions in one-on-one meetings with institutional investors Morgan Stanley European Technology, Media & Telecom Conference.
  • This three-day event will take place in person only and will feature a wide variety of the world's leading TMT corporates and is designed to provide first-hand insight into corporate strategy, positioning, financial results, and growth objectives.
  • We will be arranging one-on-one and small group meetings during the entire duration of the conference.

Apollo to Provide €1 Billion Capital Solution to Vonovia in Second Transaction

Retrieved on: 
Friday, November 3, 2023
Insurance, Real estate, APO, IG, NYSE, Consumer, Transport, Germany, Partnership, Latham & Watkins, Paul, Weiss, Rifkind, Wharton & Garrison, TMT, Bank, Aviation

This commitment follows a €1 billion investment by Apollo funds in a Vonovia portfolio in Southwest Germany earlier this year.

Key Points: 
  • This commitment follows a €1 billion investment by Apollo funds in a Vonovia portfolio in Southwest Germany earlier this year.
  • Apollo Partner Jamshid Ehsani said, “We are pleased to broaden our partnership and provide another scaled capital solution to Vonovia by investing in a portfolio of high-quality, high-demand residential real estate assets creating attractive investment opportunities for our insurance platforms, funds and clients.
  • Latham & Watkins LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP are serving as legal counsel to Apollo, while Apollo Capital Solutions provided structuring and syndication services in connection with the transaction.
  • J.P. Morgan is acting as exclusive financial advisor to Vonovia, and Freshfields Bruckhaus Deringer is serving as legal counsel to Vonovia.

MoFo Survey: Tech M&A Poised for Upswing; Disruption and Competition Sharpen Focus for Dealmakers

Retrieved on: 
Thursday, November 2, 2023
Morrison & Foerster, Attention, ESG, Tech, Disclosure, Organization, Biophysical environment, Geography, Growth, PE, Risk, Privacy, TMT, European, Acuris, Robotics, SAN, Retail, Bank

SAN FRANCISCO, Nov. 2, 2023 /PRNewswire-PRWeb/ -- Morrison Foerster, a leading global law firm, today announced the results of its annual Tech M&A Survey, which reveals that dealmakers anticipate a potential rebound in M&A activity as they look to 2024. While global telecommunications, media, and technology (TMT) M&A transactions dropped by 63% in value terms and 32% by volume in H1 2023 compared to the same period in 2022, TMT deals continued to account for a very sizeable share of global M&A, representing almost a quarter of all M&A transactions globally and demonstrating the adoption of digital transformation and data analytics in every sector. The new Morrison Foerster survey report, "Directing Disruption: AI and Cybersecurity Underline Tech Sector's Flair for Self-Renewal," conducted in conjunction with Mergermarket, also reveals that challenging dealmaking and macroeconomic factors led to tech M&A strategies shifting to securing working capital and focusing on liquidity; adopting alternative deal structures or minority investments; and completing strategic middle market deals to increase competitiveness.

Key Points: 
  • We expect these and other technology areas to have a massive impact on global deal activity in the years to come."
  • New tech subsectors also emerged as targets for future tech M&A transactions in the 2023 survey: cybersecurity (25% of first-choice votes), AI/machine learning (18%), and enterprise/logistics software (16%).
  • The new ESG disclosure and compliance requirements are cropping up globally in parallel to the increased attention from tech M&A dealmakers.
  • In Q2 2023, Mergermarket surveyed 300 dealmakers from around the world to gain insights into the future of technology related M&A.