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Beverly Hall

Beverly D. Hall writes for Entreprenuers and Leadership sections in AmericaRichest.

Facebook acquires Ctrl-labs to advance its brain-machine interface efforts

Facebook this evening announced it intends to buy Ctrl-labs, a New York-based startup developing a wristband that translates musculoneural signals into machine-interpretable commands. The acquisition hasn’t yet closed, and the terms weren’t revealed publicly. (CNBC pegs its size at approximately $1 billion, half the amount Facebook paid to acquire virtual …

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Bold Penguin raises $32 million to match insurance carriers with prospects

Bold Penguin, a commercial insurance tech provider headquartered in Columbus, Ohio, today announced that it has secured $32 million in a series B funding round, bringing its total raised to over $50 million. Growth equity firms Hudson Structured Capital Management, Lightstone, Guggenheim Insurance, and Lockton participated, along with existing investors …

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