iPad point-of-sale company Revel Systems appears to have agreed to a new investment from existing shareholder Welsh Carson Anderson & Stowe, according to a federal filing. It is unclear if Welsh Carson, which primarily does buyouts, has acquired a majority stake or not.

The disclosure comes nearly seven months after a Bloomberg report that IBM was in talks to buy Revel, which was co-founded in 2010 by CEO Lisa Falzone and chief technology officer Chris Ciabarra. Welsh Carson first invested in late 2015 at around a $500 million post-money valuation, while other shareholders include Intuit and venture capital firms like DCM. Overall, the company has raised more than $130 million.

Revel says that it has deployed over 30,000 terminals, and last fall signed a deal to put its system across Shell's network of 47,000 retail locations.

A spokesperson declined comment on the Welsh Carson transaction. She also wouldn't discuss Revel's current board composition, as its original board representative from Welsh Carson (Sanjay Swani) recently left the firm "to pursue more entrepreneurial career options."

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U.S. daily coronavirus cases top 50,000 for first time

A medical technologist processes test samples for the coronavirus at a lab in Tampa, Florida, on June 25. Photo: Octavio Jones/Getty Images

A record 50,655 tested positive for the novel coronavirus in the United States on Wednesday, Johns Hopkins data shows.

By the numbers: Per Johns Hopkins, almost 2.7 million people had tested positive for COVID-19 from more than 32.8 million tests in the U.S. as of Thursday morning. Over 128,000 Americans have died from the virus.

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of midnight ET: 10,667,217 — Total deaths: 515,646 — Total recoveries — 5,464,367Map.
  2. U.S.: Total confirmed cases as of midnight ET: 2,685,806 — Total deaths: 128,061 — Total recoveries: 729,994 — Total tested: 32,827,359Map.
  3. Federal government: Trump says he still thinks coronavirus will "just disappear" at some point, supports another round of direct payments to Americans.
  4. Public health: Thanks to coronavirus, your home is now your gymFormer FDA chief says 500,000 Americans may be contracting coronavirus a day.
  5. States: Georgia and Arizona report record new coronavirus cases — California shuts down bars and indoor dining for most residents.
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Biden outraises Trump again with record $141 million June haul

Democratic presidential candidate and former Vice President Joe Biden at Philadelphia City Hall in Pennsylvania in June. Photo: Jim Watson/AFP via Getty Images

Former Vice President Joe Biden and the Democratic Party raised $141 million in June, his campaign announced on Wednesday night.

Why it matters: It's the most the presumptive Democratic presidential nominee has raised in a month. It's also more than the record $131 million President Trump's re-election campaign and the Republican National Committee raised last month.