Category Archives: Fundings & Exits

Parsec raises $25M from A16Z to power remote work and cloud gaming

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Parsec, a startup that’s built streaming technology for both work and play, is announcing that it has raised $25 million in Series B funding. This brings Parsec’s total funding to $33 million, according to Crunchbase. The round was led by Andreessen Horowitz, with the firm’s general partner Martin Casado joining the board. Previous investors Lerer […] Continue reading Parsec raises $25M from A16Z to power remote work and cloud gaming→

iCIMS acquires video recruiting startup Altru for $60M

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Enterprise recruiting company iCIMS is announcing that it has acquired Altru. iCIMS declined to comment on the terms of the deal, but a source with knowledge of the companies told us that the price is a combination of cash and stock, totaling around $60 million. Founded in 2000, iCIMS offers a “talent cloud” used by […] Continue reading iCIMS acquires video recruiting startup Altru for $60M→

Vista acquires IT education platform Pluralsight for $3.5B

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The hectic M&A cycle we have seen throughout 2020 continued this weekend when Vista Equity Partners announced it was acquiring  Pluralsight for $3.5 billion. That comes out to $20.26 per share. The company stock closed on Friday at $18.50 per share on a market cap of over $2.7 billion. With Pluralsight, Vista gets an online […] Continue reading Vista acquires IT education platform Pluralsight for $3.5B→

Vista acquires Gainsight for $1.1B, adding to its growing enterprise arsenal

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Vista Equity Partners hasn’t been shy about scooping up enterprise companies over the years, and today it added to a growing portfolio with its purchase of Gainsight.  The company’s software helps clients with customer success, meaning it helps create a positive customer experience when they interact with your brand, making them more likely to come […] Continue reading Vista acquires Gainsight for $1.1B, adding to its growing enterprise arsenal→

C3.ai’s initial IPO pricing guidance spotlights the public market’s tech appetite

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On the heels of news that DoorDash is targeting an initial IPO valuation up to $27 billion, C3.ai also dropped a new S-1 filing detailing a first-draft guess of what the richly valued company might be worth after its debut. C3.ai posted an initial IPO price range of $31 to $34 per share, with the […] Continue reading C3.ai’s initial IPO pricing guidance spotlights the public market’s tech appetite→

Industrial drone maker Percepto raises $45M and integrates with Boston Dynamics’ Spot

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Consumer drones have over the years struggled with an image of being no more than expensive and delicate toys. But applications in industrial, military and enterprise scenarios have shown that there is indeed a market for unmanned aerial vehicles, and today, a startup that makes drones for some of those latter purposes is announcing a […] Continue reading Industrial drone maker Percepto raises $45M and integrates with Boston Dynamics’ Spot→

AvePoint to go public via SPAC valued at $2B

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AvePoint, a company that gives enterprises using Microsoft Office 365, SharePoint and Teams a control layer on top of these tools, announced today that it would be going public via a SPAC merger with Apex Technology Acquisition Corporation in a deal that values AvePoint at around $2 billion. The acquisition brings together some powerful technology […] Continue reading AvePoint to go public via SPAC valued at $2B→

Onit acquires legal startup McCarthyFinch to inject AI into legal workflows

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Onit, a workflow software company based in Houston with a legal component, announced this week that it has acquired 2018 TechCrunch Disrupt Battlefield alum McCarthyFinch.  Onit intends to use the startup’s AI skills to beef up its legal workflow software offerings. The companies did not share the purchase price. After evaluating a number of companies […] Continue reading Onit acquires legal startup McCarthyFinch to inject AI into legal workflows→

FireEye acquires Respond Software for $186M, announces $400M investment

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The security sector is ever frothy and acquisitive. Just last week Palo Alto Networks grabbed Expanse for $800 million. Today it was FireEye’s turn snagging Respond Software, a company that helps customers investigate and understand security incidents, while reducing the need for highly trained and scarce security analysts. The deal has closed, according to the […] Continue reading FireEye acquires Respond Software for $186M, announces $400M investment→

Datafold raises seed from NEA to keep improving the lives of data engineers

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Data engineering is one of these new disciplines that has gone from buzzword to mission critical in just a few years. Data engineers design and build all the connections between sources of raw data (your payments information or ad-tracking data or what have you) and the ultimate analytics dashboards used by business executives and data […] Continue reading Datafold raises seed from NEA to keep improving the lives of data engineers→