Browsing Tag

Valuation

After Record Year, Lucid Receives $500M+ Secondary Investment at $3 Billion Valuation

Investment affirms Lucid's category leadership in the visual collaboration space with industry-defining products Lucidchart and Lucidspark. Lucid, the leading provider of visual collaboration software, today announced the closing of a more than $500 million secondary investment that values the company at $3 billion. New investors in the secondary financing include Alkeon Capital, Tiger Global and STEADFAST Capital Ventures. Marketing Technology News: Digital Media And Bitcoin Pioneers Launch Roundtable "We are…

A Few Martech Funding Highlights from APAC!

Marketers have been investing relentlessly new Martech trends, and rightly so - A well-planned martech stack helps to holistically understand customer data with the help of integrated platforms and systems. A wholesome customer experience is a key benefit of investing in Martech.  A Few Martech Funding Highlights from APAC! There has been a splash of funding for APAC-based Martech Companies. With virtual reality becoming the new normal, companies have started investing in new digitized business models, and Martech Funding…

BCG’s Digital Acceleration Index (DAI) Study Finds That Digitally Mature Companies Saw Valuations of 23%, on Average, Above Precrisis…

- The Digital Acceleration Index (DAI) study found that digitally mature companies outperformed their peers across nine performance indicators, including revenue growth and enterprise value. - Digitally mature (bionic) companies grew despite pandemic headwinds; they saw less of a decline in market capitalization at the start of the pandemic than did their less digitally mature peers, and then recovered faster. - The hallmarks of successful, bionic companies across regions include investing significantly in technology,…

Trulioo Closes USD $394M Series D led by TCV at $1.75B Valuation

As demand for global identity verification grows, this financing marks the largest round by an identity verification company. Trulioo, the leader in global identity verification, announced today it has completed a $394M Series D round at a $1.75B valuation. The Series D round was led by TCV, one of the world's largest growth equity firms, with participation from existing investors Amex Ventures, Citi Ventures, Blumberg Capital and Mouro Capital. TCV General Partner, Jake Reynolds, and Principal Amol Helekar…

Gong Raises $250 Million in Series E Funding at $7.25 Billion Valuation

On the heels of a $200M funding round in August 2020, Gong experiences significant growth as digital transformation continues to accelerate during remote work Gong, the revenue intelligence leader leveraging artificial intelligence to transform revenue teams, has raised $250 million in Series E funding.  The round is being led by Franklin Templeton, bringing Gong's total funding to $584 million.  Existing Gong investors also participated in the round including Coatue, Salesforce Ventures, Sequoia, Thrive Capital, and Tiger…

Dataminr Announces $475M Financing Round, Raising its Valuation to $4.1B

The new funding will accelerate growth of the company's corporate business line, international sales, and AI Platform expansion Dataminr, the leading real-time information discovery platform, today announced the close of a $475 million financing round at a $4.1 billion valuation. Investors in the financing include Eldridge, Valor Equity Partners, MSD Capital, Reinvent Capital, ArrowMark Partners, IVP, Eden Global and investment funds managed by Morgan Stanley Tactical Value. Marketing Technology News: No-Code Business…

Squarespace Raises $300 Million Investment Round At $10 Billion Valuation

Squarespace, the all-in-one website building and ecommerce platform, today announced it has raised an approximately $300 million investment at an enterprise valuation of $10 billion. The round includes new investors Dragoneer, Tiger Global, D1 Capital Partners, Fidelity Management & Research Company, funds and accounts advised by T. Rowe Price Associates, Inc. and Spruce House with participation from existing investors Accel and General Atlantic. The proceeds from the financing will advance Squarespace's growth…