Mondu raises $43M in series A which Valar led in the US
Mondu, a Berlin-based buy-now-pay-later company, has secured funding of $43 million in a round carried out by Valar Ventures in the US.
Considering the global recession, SMBs have started to reach new heights for financing. Hence, Mondu, a Berlin-based company with a BNPL model, has quickly expa... Read more
Synopsys to acquire NTT’s WhiteHat Security for $330 million
NTT’s WhiteHat Security will be acquired by Synopsys for $330 million.
Synopsys, a major software provider in the chip industry, recently signed an agreement to acquire WhiteHat Security from NTT for approximately $330M in cash. The acquisition is expected to be completed by the third quarter ... Read more
Madrid-Based fintech startup “RITMO” hits jackpot with $200m funding
RITMO – a Spanish fintech startup – plans to help eCommerce entrepreneurs and businesses expand rapidly and surmount various supply-chain challenges by offering them capital.
Revenue-based financing startups are gaining strength by offering low-on-cash startups a viable alternative to bank... Read more
Adobe Partners with startup Bolt for one-click e-commerce checkouts
Adobe has announced a partnership with Bolt for creating one-click checkout solutions for people using the firm’s software.
Adobe was once only known as an imaging software developer. However, it has recently created many e-commerce and digital marketing tools. In addition, Adobe now targets r... Read more
‘Intel wants to buy chipmaker GlobalFoundries for 25 billion euros’
Intel is very interested in chip manufacturer GlobalFoundries. This is what the Wall Street Journal reports. Intel considers an acquisition so that it can increase its production of processors.
According to sources of the business newspaper, an acquisition of GlobalFoundries would cost Intel app... Read more