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The Edge Desk Capitalizes On Growing Work-From-Home Market

PYMNTS

Rosenberg got the idea during a visit to his daughter’s college dorm at Michigan State in 2016. “I million from a venture capital firm to fund the business. It comes with padded seat cushions and knee rests, and the attached desk adjusts for height and angle. He couldn’t help but realize how comfortable he was in the kneeling position.

Capital 163
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GM, Ford Speed Up Payments To Small Suppliers Hurt By Shutdowns

PYMNTS

“It is not a silver bullet,” Scott Eisenberg, partner at Amherst Partners, a Michigan-based restructuring advisory firm, told Reuters. If we have this second (coronavirus) wave in the fall, the access to capital that everyone had in March won’t be the same in September and October,” Eisenberg added. “If

Michigan 141
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OneStream Raises $200M In Series B Funding Led By D1 Capital Partners

CB Insights

The round was led by D1 Capital Partners with participation from Tiger Global Management and Investment Group of Santa Barbara. Michigan-based OneStream offers enterprises a cloud-based finance platform that combines CPM services such as financial planning, reporting, and analytics. How’s the company performing?

Capital 45
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Little Caesars Teams With DoorDash For Delivery

PYMNTS

Little Caesars, which is based in Detroit, Michigan, has stores in 24 countries and all 50 U.S. In November, reports surfaced that DoorDash, which is backed by investing giants such as Sequoia Capital and SoftBank Group, had notched a $100 million investment. The new capital was courtesy of the T.

Detroit 153
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The United States Of Venture Capital: The Most Active VC In Each State

CB Insights

Using CB Insights data, we analyzed the most active venture capital firm in each state, based on unique tech investments from 2014 to 2019 YTD (1/24/19). We excluded debt deals and only considered venture capital, corporate venture capital, super angel, and growth equity firms. Merus Capital. BIP Capital.

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Simon?Drops $3.6B Mall Deal, Sues Taubman Centers

PYMNTS

and filed suit against the Michigan-based mall owner over an alleged breach of a merger agreement. In a complaint filed with the Oakland County Circuit Court in Pontiac, Michigan, Indiana-based Simon Property Group said it is suing Taubman Centers for violating terms of the deal. Simon Property Group (SPG) has abandoned its $3.6

Michigan 131
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GM Backs Car Maintenance Service Yoshi With $23 Million

PYMNTS

This marks the second time GM's venture capital arm has invested in Yoshi since 2018, and the round will go toward helping Yoshi hire more employees and expand as the pandemic ends, according to Yoshi Co-Founder and CEO Bryan Frist , according to CNBC. He said almost three-quarters of Yoshi's revenue still comes from fueling services.

Michigan 180