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Posted on May 21, 2019Full size 1244 × 476
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RSS Techmeme

  • Denver-based Velocity Global, which develops HR software for distributed workforces, raises a $400M Series B, and says it generated $125M in revenue last year (Kamaron Leach/Bloomberg)
  • AMD announces Ryzen 7000 CPUs with up to 16 Zen 4 cores based on TSMC's 5nm process, PCIe 5 and DDR5 on an AM5 motherboard, coming in fall 2022 (Gavin Bonshor/AnandTech)
  • Toronto-based Forma.ai, which helps companies manage and optimize sales compensation plans, raises a $45M Series B led by ACME Capital (Chris J. Preimesberger/VentureBeat)
  • Sources: Broadcom is in talks to acquire VMware, which has a ~$40B market cap; the discussions are ongoing and there's no guarantee they will lead to a purchase (Bloomberg)
  • General Atlantic plans to invest $2B in India and Southeast Asia over the next two years, and is currently in early-stage funding talks with ~15 startups (Aditya Kalra/Reuters)
  • Singapore-based BUD, which offers a metaverse for Gen Z consumers and plans to launch an NFT marketplace, raises a $36.8M Series B led by Sequoia Capital India (Rita Liao/TechCrunch)
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