New Funding Starts To Flow For Artists And Cultural Groups Facing Calamity -- Inside Philanthropy
Roughly three weeks after funders began to tackle COVID-19's effect on the arts sector, conditions on the ground have worsened. Now, more funders are stepping up to support both individual artists and embattled organizations.
Los Angeles Offering Cash Cards For Laid-off Angelenos, With No Strings Attached - Next City
(Photo by Suzanne Neubauer / CC BY-NC-ND 2.0) On March 12, Elena Popp was heading to her eviction counseling clinic, which, as the founder and executive director of Los Angeles's Eviction Defense Network, Popp holds regularly. That evening, 40 people were waiting for EDN's legal support so they could stay in their homes as the COVID-19 virus began to upend life in the United States. One of Popp's staffers, she says, was trying to persuade her not to go because she is over 60 and has a compromised respiratory system.
Women In Business: Simi Nwogugu - Businessday Ng
Simi Nwogugu is the executive director of Junior Achievement Nigeria (JAN), a member of Junior Achievement Worldwide, which is the world's largest and fastest-growing nonprofit economic education organisation that empowers young people to own their economic success. Simi brought Junior Achievement to Nigeria in 1999, after she served as a volunteer in New York and [...]
Cohesity Announces $250M In Series E Funding
SAN JOSE, Calif., April 9, 2020-- Cohesity today announces $250 million in Series E funding, led by DFJ Growth, Foundation Capital, Greenspring Associates, and Wing Venture Capital. DFJ Growth and Greenspring Associates are new investors as are Baillie Gifford and Sozo Ventures. The round also includes broad support from existing investors, including Sequoia Capital and SoftBank Vision Fund 1, as well as strategic investors Hewlett Packard Enterprise and Cisco Investments. Cohesity is now valued at $2.5 billion, more than double the valuation from the company's Series D round less than two years ago.
I2o Therapeutics Raises $4M In Seed Funding Co-led By Sanofi Ventures And Jdrf T1d Fund
Financing will support i20 Therapeutics' growth and R&D of platform for oral delivery of injectable biologic drugs BOSTON, April 9, 2020-- i2O Therapeutics, an innovative biotech company developing a platform for oral delivery of traditionally injectable biological drugs, announced today it has raised a $4 million seed funding round led by Sanofi Ventures and JDRF T1D Fund. Founded by a team of researchers from Harvard University, i2O Therapeutics is focused on the development of safe and effective oral formulations of therapies that are conventionally limited to injections, e.g. biologics, large molecules, and peptide-based pharmaceuticals such as insulin.
Covid And The Count: Funders Confront New Challenges To The 2020 Census -- Inside Philanthropy
In a stroke of bad luck, COVID-19 struck just as the Census Bureau began its decennial count of the U.S. population, disrupting years of careful planning. Here's how funders and ground-level organizers are working to get keep things on track.
How Private-equity Firms Squeeze Hospital Patients For Profits | The New Yorker
Sheelah Kolhatkar on the role of private-equity firms in surprise medical billing, and how the economists Eileen Appelbaum and Rosemary Batt helped bring the practice to the light of day, spurring Congress to almost take action.
Data Storage Company Cohesity Raises $250 Million At A $2.5B Valuation
Enterprise data storage startup Cohesity has raised $250 million in a series E round of funding led by DFJ Growth, Foundation Capital, Greenspring Associates, and Wing Venture Capital, with participation from Sequoia Capital, SoftBank Vision Fund 1, Hewlett Packard Enterprise, Cisco Investments, Baillie Gifford, and Sozo Ventures. This takes Cohesity's total money raised to more than $650 million, including its SoftBank-led $250 million series D round back in 2018, and gives it a valuation of $2.5 billion -- more than double the figure at its previously valuation two years ago.
Cohesity Announces $250M In Series E Funding
SAN JOSE, Calif.--(BUSINESS WIRE)--Cohesity today announces $250 million in Series E funding, led by DFJ Growth, Foundation Capital, Greenspring Associates, and Wing Venture Capital. DFJ Growth and Greenspring Associates are new investors as are Baillie Gifford and Sozo Ventures. The round also includes broad support from existing investors, including Sequoia Capital and SoftBank Vision Fund 1, as well as strategic investors Hewlett Packard Enterprise and Cisco Investments. Cohesity is now valu.
Banking Regulators Won't Let A Pandemic Stop Them From Making Massive Changes - Next City
Joseph M. Otting speaks after his swearing in ceremony as Comptroller of the Currency, at the Treasury Department, Monday, Nov. 27, 2017 in Washington. (AP Photo/Alex Brandon) In the midst of the COVID-19 pandemic, federal banking regulators are pressing ahead with a massive overhaul of regulations affecting access to credit and banking in the communities hit hardest by that pandemic and the unprecedented economic disruption in its wake.