NEWS
Kabbage Acquired by American Express for $850 Million
American Express announced that it has entered into an agreement to acquire substantially all of Kabbage , a leading financial technology company providing cash flow management solutions to small businesses in the U.S. The transaction represents an important step toward American Express’ goal of being an essential partner to small businesses through a broad range of payment, cash flow and financial management tools.
Levitate Passes 1,000 Customers, Triples Revenue in 12 Months and Raises Additional $6M
Levitate, a Raleigh-based marketing platform and customer relationship solution provider, has raised an additional $6 million for its A.I.-powered software offering small businesses and alternative to mass blast emailing. To date, the startup has raised $12 million from investors including Tippet Venture Partners, Durham, N.C.-based Bull City Venture Partners, and angel investor Peter Gassner, the co-founder and CEO of Veeva Systems, and investor in Zoom.
Marc Benioff and PayPal back payday loans alternative Even
Salesforce chief Marc Benioff and PayPal Ventures are joining the latest funding round for Oakland-based start-up Even, which aims to provide a better alternative to payday loans.
SolarWinds Acquires VividCortex for $117.5M
VividCortex’s software-as-a-service-based monitoring service for cloud and on-premises databases will complement SolarWinds Database Performance Analyzer, an on-premises and cloud-deployed product.
NextGen Healthcare Acquires Medfusion
Source - https://ehrintelligence.com/news/nextgen-healthcare-acquires-medfusion-to-boost-patient-experience