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Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to keep you in the know.

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Wealthsimple pulls in $610M at $4B valuation

Toronto-based , a provider of tools for managing one’s money and investment portfolio, reportedly in fresh funding at a valuation of around $4 billion.

and led the financing, which roughly doubled the company’s valuation since its last round in October. Previously, Wealthsimple had raised around $310 million in known funding, per Crunchbase data.

— Joanna Glasner

Apollo Buys Verizon Media Assets In $5B Deal

Private equity firm agreed to buy ‘s media group, which includes and . Verizon Media brands including and are included in the deal, and the group will be called Yahoo when the sale closes. Verizon will keep a 10 percent stake in the company, which will continue to be led by current CEO Guru Gowrappan, the companies said in a statement.

–Sophia Kunthara

Funding rounds

Prescient raises $190M: Architectural software and design startup has raised a $190 million in new funding, led by and . The Charlotte, North Carolina-based company’s software platform makes construction more efficient, and has completed 57 buildings so far. Prescient last raised a $50 million Series E in July 2018, per Crunchbase.

–Sophia Kunthara

Path Robotics lands $56M: Columbus, Ohio-based , a developer of autonomous welding robots, 聽it has raised $56 million in a Series B funding round led by . The company says its AI-enabled robotics product will self-adjust for each part it produces, filling demand in a field facing chronic labor shortages.

— Joanna Glasner

Health care

Bone Health Technologies inks $2.5M: San Francisco-based closed on $2.5 million in an oversubscribed funding round led by . Bone Health is developing a new standard of care for treating both osteoporosis and osteopenia, the precursor to osteoporosis. The company was recently granted Breakthrough Device Designation by the for OsteoBoost, its vibration belt designed for the prevention of osteoporosis. Studies show that one 30-minute treatment with OsteoBoost reduced bone loss activity in all study participants, according to the company.

— Christine Hall

M&A

Dell to sell Boomi for $4B: struck a to sell its cloud computing business to private equity firms and in a transaction valued at around $4 billion. Berwyn, Pennsylvania-based Boomi makes software that helps applications communicate with each other.

— Joanna Glasner

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Editor’s Note: Verizon Ventures is an investor in Crunchbase.