Tag: funding round
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Databricks secures funding round at $188 billion valuation
July 16 : Databricks said on Thursday it has signed a term sheet for a strategic funding round that values the data analytics software firm at $188 billion. Here are a few details:• The round, which Databricks expects to close later this summer, is being led by existing investor Coatue and will inc
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AI lab Odyssey valued at $1.45 billion in latest funding round
June 17 : AI lab Odyssey said on Wednesday it has raised $310 million in a funding round that valued it at $1.45 billion.The Series B round was led by Natural Capital, with participation from Amazon, AMD Ventures, GV, EQT, IQT and others.“The last few years have seen major breakthroughs in scaling,
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AI startup Genspark valued at $2.6 billion in latest funding round
June 17 : Technology company Genspark.ai said on Wednesday it had raised $100 million in its extended funding round that valued it at $2.6 billion, underscoring strong investor appetite for AI companies developing workplace productivity tools.The round was backed by existing investors including Sozo Ventures,
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Genspark.ai valued at $2.6 billion in latest funding round
June 17 : Technology company Genspark.ai said on Wednesday it had raised $100 million in its extended funding round that valued it at $2.6 billion.The Palo Alto, California-based company said the extension increased its total Series B financing to $485 million.The funding comes as investors continue to
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Cyber warfare firm Twenty valued at $1 billion in latest funding round
June 17 : Cyber warfare startup Twenty said on Wednesday it has raised $100 million in a funding round that valued it at $1 billion, underscoring growing investor interest in cybersecurity and defense technology.The round, led by Accel, brings the company’s total fundraising to $138 million since its founding
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Samsung Electronics invests $175 million in Element Biosciences’ Series E funding round
June 9 : Privately held Element Biosciences said on Tuesday it had raised funds in an upsized Series E round, including $175 million from longtime investor Samsung Electronics, to expand commercialization of its genetic testing and research products.The San Diego-based company did not disclose the total size
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IT platform NinjaOne valued at over $12 billion in latest funding round
June 9 : IT platform NinjaOne said on Tuesday it has raised more than $400 million in a funding round that valued it at $12.3 billion, at a time when investors are concerned about AI upending parts of the software industry.While the sector contends with mounting fears that rapidly evolving AI tools could encr
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AlphaSense nearly doubles valuation to $7.5 billion in new funding round
June 3 : Market intelligence platform AlphaSense said on Wednesday it has raised $350 million at a valuation of $7.5 billion, nearly double that of its funding round two years ago.The round was led by Vitruvian Partners, Accenture Ventures, and J.P. Morgan Asset Management, with new investors including D. E.
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