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>> PIVOTAL Latest News

MAY 09, 2016 - Business Insider

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EMC forgave $400 million of debt from a startup it invested in (F, MSFT, EMC)

Last Thursday, hot business software startup Pivotal announced that it had raised $253 million from investors like Ford and Microsoft — a mega-deal that valued the company at $2.8 billion. But a form filed with the United States Securities Exchange Commission shows that it had raised closer to $653 million, a massive $400 million gap. So, two questions: First off, if ...

Tags: EMC forgave $400 million of debt from a startup it invested in (F, MSFT, EMC),  Pivotal Latest News

MAY 09, 2016 - BetaNews

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Microsoft invests in cloud company Pivotal

It was reported on Friday morning that Microsoft has also invested in Pivotal, a San Francisco-based cloud-computing company. Besides Microsoft, Ford was also announced as a major investor. The media reported that Pivotal’s Series C funding round hit $253 million, with Ford contributing with $182.2 million. It is not known exactly how much money Microsoft poured into the company. We ...

Tags: Microsoft invests in cloud company Pivotal,  Pivotal Latest News

MAY 09, 2016 - TechCrunch

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Pivotal confirms Series C round is actually over $650 million

 Pivotal filed a Form D last week with the SEC indicating that last week’s $253 million round was actually closer to $653 million. Where did the extra money come from? Well, existing investors EMC converted $400 million in debt to equity to account for the additional money recorded in the SEC form, according to a Pivotal spokesperson. It’s actually interesting ...

Tags: Pivotal confirms Series C round is actually over $650 million,  Pivotal Latest News

MAY 08, 2016 - Mashable

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Looking back at 7 Seasons of stunning clothes on 'The Good Wife'

As The Good Wife ends, seven years of fantastic character clothing goes with it.  Ahead of Sunday's series finale, Mashable called up costume designer Daniel Lawson to look back on some of the major decisions he's made over the years and his favorite looks. Among the many things to love about the CBS legal drama, the clothing is definitely high ...

Tags: Looking back at 7 Seasons of stunning clothes on 'The Good Wife',  Pivotal Latest News

MAY 06, 2016 - Xconomy

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Ford Expands Mobility Play with $182.2M Pivotal Investment

When Pivotal launched in 2013 with 1,250 employees and a valuation of over $1 billion, my colleague Wade Roush wrote that the cloud computing infrastructure firm “isn’t your typical startup.” Further proof of that came yesterday when Ford announced it was plunking down more than $182 million to continue its collaboration with Pivotal. Alan Hall, Ford’s technology communications […]

Tags: Ford Expands Mobility Play with $182.2M Pivotal Investment,  Pivotal Latest News