ProRata, which plans to debut an AI search engine in December, inks licensing deals with DMG and others; sources: DMG bought a stake valuing ProRata at ~$130M
Daniel Thomas / Financial Times :
Bungie says it will lay off 220 employees, or 17% of its workforce, and integrate an additional 155 roles into its parent company Sony Interactive Entertainment
The New Path for Bungie has Bungie's announcement of “difficult changes … X: Jason Schreier / @jasonschreier : Sony's Bungie is shrinking from 1,300 people to 850: - 220 laid off - 155 moving to Sony ...
London-based Plum, a money management app, raises a $24M Series A from dmg ventures and others, bringing its total funding to $43M
A group of shareholders owning less than 1% of Activision Blizzard calls for CEO Bobby Kotick and two of its longest serving board members to resign
a basic function of their job.... We need to really have a reset button on the board.” https://www.washingtonpost.com/ ... @ign : Former Blizzard co-lead Jen Oneal says Activision Blizzard rejected mu...
Used-car marketplace Cazoo raises £25M at a $1B+ valuation, bringing its total raised to £200M+
and it hasn't even raised a penny from SoftBank: https://sifted.eu/... Amy Lewin / @amyrlewin : Cazoo - the UK's latest unicorn - is yet another online retailer to have seen a bump in sales during loc...
Cazoo, a UK-based portal for buying used cars, raises £100M led by DMG Ventures, bringing its total raised to £180M over the last 18 months
Ingrid Lunden / TechCrunch :
Tulip, which is building a no-code app development platform for manufacturers, raises $39.5M Series B led by machine tools manufacturer DMG MORI
Tulip, a software developer building a no-code app development platform tailored to manufacturers, today revealed that it's raised $39.5 million …