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Aetion Closes $110M Series C Funding Round Led by Warburg Pincus Financing will advance Aetion's technology, accelerate global growth, and drive expansion in new verticals, further cementing Aetion's leadership position in real-world evidence News provided by Share this article BOSTON and NEW YORK, May 11, 2021 /PRNewswire/ -- Health care technology company Aetion announced today a $110 million Series C fundraise, led by Warburg Pincus, a leading global growth equity firm, with additional investments from B Capital and Foresite Capital. Aetion's existing backers New Enterprise Associates (NE...
Three of Shopify’s highest-ranking executives are leaving the Ottawa-based e-commerce giant, OBJ has learned. Chief talent officer Brittany Forsyth, chief legal officer Joe Frasca and chief technology officer Jean-Michel Lemieux are expected to end their lengthy tenures with the company in June. Shopify co-founder and CEO Tobi Lütke broke the news to employees in an email on Wednesday morning. “Each one of them has their individual reasons but what was unanimous with all three was that this was the best for them and the best for Shopify,” Lütke said in the announcement obtained by O...
Shopify looking to raise $1.55 billion USD in stock offering, expands partnership with TikTok Shopify is looking to raise more than $1.55 billion USD through the sale of its stock, as it continues to increase its partnerships with social media companies. Shopify priced its offering Tuesday morning, with plans to sell 1,180,000 subordinate voting shares at $1,315 USD per share. The company expects the sale to pull in gross proceeds of $1,551,700,000 USD. Having become one of Canada’s topmost valuable companies in 2020, Shopify is optimizing on the increase in demand for its p...