May 2020 - Arc Ventures

Facebook buys GIF website Giphy to integrate with Instagram

May 15, 2020August 25, 2020 by Rachel Payne

Giphy is a portfolio company of Arc Ventures' portfolio fund Betaworks. (from Reuters) - Facebook Inc is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, Facebook said in a blog post on Friday. From Reuters: FILE PHOTO: A 3D printed Facebook logo is placed between small toy people figures in…

Ayala Pharmaceuticals Announces Closing of Initial Public Offering

May 12, 2020May 25, 2020 by Rachel Payne

Ayala is an Arc Ventures portfolio company since 2018 . The official press release can be found on the company's website. REHOVOT, Israel & WILMINGTON, Del., May 12, 2020 (GLOBE NEWSWIRE) -- Ayala Pharmaceuticals, Inc. (NASDAQ: AYLA), a clinical-stage oncology company focused on developing and commercializing small molecule therapeutics for patients suffering from rare and…