Sunday Highlights: Tom Siebel's C3 IoT competes with ThingWorx; Amazon Aims at Netflix With Separate Prime, Video Subscriptions

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Tom Siebel's C3 IoT looks to expand, slay giants (ZDNet)
Siebel takes a bit of a slap at GE's Predix, which is closely allied with PTC's ThingWorx.

Oracle acquires Israeli big-data firm Crosswise for reported $50m (Times of Israel)

Oracle plans Exadata-as-a-service, in cloud or on-prem (The Register)

Amazon Aims at Netflix With Separate Prime, Video Subscriptions (Hollywood Reporter)

Verizon Makes Its Strike Case in Ad Buys (Multichannel News)

Sports Authority not the only sports retailer seeking new game plan (Philadelphia Inquirer)

Five leading banks, Safeguard Scientifics invest in $30 million Series E in Transactis

Tom Paine

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Today, Transactis announced that 5 major banks, Capital One, Fifth Third, PNC, TD, and Wells Fargo, along with Radnor-based Safeguard Scientifics, had participated in a $30 million financing as part of a Series E round into the New York-based company, a provider of electronic billing and payment solutions.

Each bank, along with Safeguard, invested an equal amount in Transactis as part of the Series E financing. Transactis has now raised $70 million, including this financing.

Safeguard led Transactis’ Series D financing in August 2014.

Transactis says it reaches more than 100M households and businesses in North America.