Daily business news in New York
Verizon has teamed up with luxury audio brand Bang & Olufsen to offer new soundbars that feature Verizon’s StreamTV that give customers that big movie experience in your living room with no additional speakers or receiver required. Stream TV Soundbar ($399.99) and Stream TV Soundbar Pro ($999.99) are available exclusively at Verizon. As part of Verizon’s Buy […]
NEW YORK — Via, a provider of software solutions for public transportation systems, has raised $130 million in a series G funding round giving the company a valuation of $3.3 billion. The round was led by Janus Henderson with participation from funds and accounts managed by BlackRock, ION Crossover Partners, Koch Disruptive Technologies, and existing […]
NEW YORK — Daily Harvest, which offers healthy food shipped directly to customers, has secured Series D funding found, valuing the company at over $1 billion. The amount of the investment was not disclosed. The round was led by Lone Pine Capital with existing company investors. Founded by Rachel Drori, 39, Daily Harvest plans to use the […]
NEW YORK — Money, Power, Prestige! Goldman Sachs, one of the top banking firms in the world, has announced its largest class of managing directors. A total of 643 individuals across 45 offices have been invited to become managing directors as of January 1, 2022. Becoming managing director is one of the biggest achievements for […]
NYYU Langone Health has received a $166 million gift from the Bezos family to improve the health and wellness of diverse populations across the NYU Langone Hospital—Brooklyn community. This gift follows a $25 million philanthropic pledge made in 2017 by the Bezos Family Foundation to support major initiatives to help mothers, children, and families in Brooklyn. […]
NEW YORK — Santa’s Secret, a new immersive experience for people 16 years and older, makes its debut today at Hudson Yards and is produced by Voss Events.. This 2-hour immersive spectacle will find a home on the 5th floor of The Shops and Restaurants at Hudson Yards, located at 20 Hudson Yards and starts […]
NEW YORK — Verbit, a voice AI transcription and captioning company, has closed its Series E funding round at $250 million, after securing a $150 million primary investment and $100 million in secondary transactions. The round was led by a $200 million investment by Third Point Ventures, with additional participation by existing investors Sapphire Ventures, More Capital, Disruptive AI, Vertex Growth, 40North, Samsung […]
NEW YORK — Updater Technologies, a technology platform powering the relocation industry, has closed approximately $60 million of funding. Investors in this new convertible note round include multiple long-time backers of Updater, including Second Century Ventures, the strategic investment arm of the National Association of REALTORS. Updater has closed approximately $60 million, with an option to […]
Blackstone has completed its majority purchase of SPANX, an Atlanta-based maker of hosiery and shapewear for women, in a deal valuing the company at $1.2 billion. Additional new investors in SPANX participating in the closing include celebrity female entrepreneurs Oprah Winfrey, Reese Witherspoon and Whitney Wolfe Herd, as well as female-founded investment funds G9 Ventures […]
NEW YORK — Yieldstreet, a leading multi-asset alternative investment platform, has closed a strategic $50 million follow-on investment, led by London-based Mayfair Equity Partners, a leading technology and consumer growth investor. Yieldstreet was established to provide retail investors access to alternative investment opportunities previously reserved for institutions and ultra high-net worth individuals. Since its foundation, […]