3 in Finance
7/17: Argo Infrastructure Partners takes majority stake in data center and cloud services firm, TierPoint (St. Louis, MO), after $1.6B securitization. (Link)
7/11: Armada (San Francisco, CA), a cloud connectivity and edge AI infrastructure platform that leverages Starlink satellite technology, raised $40mm of venture funding in a deal led by M12 (Microsoft’s Venture Fund). (Link)
7/1: StreamSets (San Francisco, CA), a data integration and mission control platform for hybrid and multi-cloud data pipelines, was acquired by IBM for $2.13B. (Link)
3 for Fun
Wiz turns down $23B acquisition offer made by Alphabet, aims for IPO instead (Link)
Google launches new distributive cloud platform, enabling AI workloads to be ran outside of the data center (Link)
CyrusOne amasses billions to fund data center growth (Link)