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ATLANTA and PALO ALTO, Calif., Jan. 28, 2021 /PRNewswire/ Sharecare, the digital health company that helps people manage all their health in one place, today announced it has entered into a definitive agreement to acquire doc.ai, an enterprise artificial intelligence (AI) platform accelerating digital transformation in healthcare. The promise that AI holds in healthcare is about much more than identifying behavior patterns or mapping conditions to content, said Jeff Arnold, founder, chairman, and CEO of Sharecare. By securely and privately turning data into insights and insights into action through AI, ultimately we will continue to foster a culture of sharing care that drives improvement across the continuum – from personal health goals to community well-being to medical research. Integrating doc.ai s enterprise technology into Sharecare s flagship platform enables us to unlock the value of health data in a compelling, impactful, and
Zentera Systems and Cybriant Partner to Launch Zero Trust as a Service
New MSSP Offering Gives Customers a Cohesive XDR Strategy for Hybrid and Cloud
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SAN JOSE, Calif., Jan. 28, 2021 /PRNewswire/ Zentera Systems, Inc., the leader in Zero Trust security for the digitally-transformed enterprise, and Cybriant, a leading managed security services provider, today announced a partnership to deliver Zero Trust as-a-Service (ZTaaS) for securing enterprise applications in complex hybrid cloud and edge environments.
Delivered in customer-owned cloud (AWS, Microsoft Azure, or GCP) to streamline compliance and fully managed by Cybriant, the ZTaaS offering leverages Zentera s CoIP® Access Platform, providing application segmentation and access to protect customer applications and workloads. CoIP Access Platform s SASE overlay architecture enforces consistent security policies end-to-end, whether applications are on-prem, in the cloud
What it does:10x Genomics makes software for researchers to perform single cell and whole genome sequencing. Its software can be used for immunotherapy and cell therapy research in cancer patients or patients with rare genetic disorders. The Silicon Valley-based company was founded by Serge Saxonov, formerly the founding director of research at consumer genetics company 23andMe.
Deal details: SoftBank participated in the company s $125 million Series D funding round in 2018 that valued the company at $1.25 billion. It went public in September 2019 and was valued above $3.6 billion in its debut. SoftBank is no longer invested in 10x Genomics.
Other investors: Venrock, Fidelity International, Foresight Capital Management, and Paladin Capital Group
These are the Most Active Non-NYC Venture Firms Investing in NYC Startups
For the last several years, I have highlighted the most active NYC venture firms. Today, I change gears and look at the venture firms, located outside of the city, that are most actively investing in NYC companies based on deal count across all stages of the venture cycle. As NYC’s positioning in the global startup ecosystem grows in importance and the NYC tech ecosystem continues to mature, I expect that investment dollars from outside of NYC will continue to pour into the city’s economy, led largely by Silicon Valley-based investors. Included for each firm is the number of investments made in NYC startups in 2020 and the names of the NYC startups that the venture firms invested in during the year.
SG-based Catcha Investment joins SPAC craze, files to raise $250m in US IPO
Catcha Group CEO Patrick Grove
January 26, 2021
A blank cheque company formed by the Singapore-based internet investment firm Catcha Group is aiming to raise $250 million in an initial public offering (IPO) on the New York Stock Exchange (NYSE), according to a regulatory filing on Monday.
The company, Catcha Investment, said it would offer 25 million units at $10 apiece. Each unit will consist of one Class A ordinary share and one-half of a warrant, exercisable at $11.50, a preliminary prospectus filed with the US Securities and Exchange Commission (SEC) showed.
“While we may pursue an acquisition or a business combination target in any business, industry or geography, we intend to focus our search on a target with operations or prospective operations in the technology, digital media, financial technology, or digital services sectors, which we refer to as ‘new economy sectors’, across Asia Pacific,