Posts in Company Announcements
Blackstone Unit Acquires Cloud Analytics Startup Cloudamize

Blackstone today announced that it has acquired a majority stake in Philadelphia-based cloud computing analytics and migration automation leader Cloudamize. Cloudamize, an alum of Dreamit Health, will form a new software business unit within Cloudreach,  a company majority owned by Blackstone Tactical Opportunities, and continue to scale its industry-leading cloud analytics platform and independent global partner ecosystem.

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MPOWER Financing Raises $6M to Help International Students Study in the US

Higher education is expensive in the U.S., especially for international students who don't have access to federal student loans. It's a problem that inspired Manu Smadja and Mike Davis, to found Washington, D.C.-based MPOWER Financing. The two-year-old startup connects students to loans from investors without the need for a co-signer, attracting Indian venture capital firm Zephyr Peacock to lead a $6 million funding round. Previous investors also joined the round, including area-firms 1776 Ventures and VilCap Investments.

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