Week Ending 03.03.19
IDEANOMICS ACQUIRES SOLIDOPINION
LYFT FILES IPO
OBSIDIAN RAISES USD 20M
ACTIV SURGICAL HIRES CEO
AND MORE ↓
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MERGERS AND ACQUISITIONS
Ideanomics (formerly called Seven Stars Cloud), the New York City-based AI and blockchain services firm, said it acquired SolidOpinion, the marketing firm using AI.
In September last year Ideanomics acquired FinTalk, the secure messaging service, and said it was taking a 10% stake in Asia Times, the news service. Ideanomics also said it entered into a share swap with Liberty Biopharma, which changed its name to HooXi. The specific details of the swap were not disclosed.
VitalHub, the Toronto, Canada-based healthcare services firm using AI and blockchain, said it acquired The Oak Group.
FILINGS
Lyft, the San Francisco, California-based ride hailing company, filed for a USD 100m placeholder IPO. The company said its machine learning algorithms leverage over one billion rides and 10 million miles driven.
FUNDING
Obsidian Security, the Newport Beach, California-based cybersecurity firm using machine learning, said it raised USD 20m in a Series B led by Wing. A venture capital arm of Google also participated.
Other deals include ThreeD Capital
PEOPLE
Activ Surgical, the Boston, Massachusetts-based robotics company, said it hired former Olympus executive Todd Usen as CEO.
CUJO.AI, the Mountain View, California-based cybersecurity firm, said it hired former Comcast executive Andrea Peiro as president.
AliveCor, the Mountain View, California-based cardiac healthcare firm using AI, said it hired Jacqueline Shreibati as chief medical officer.