by Sebastian | Apr 8, 2021 | News
Image recognition technology provider Trax said on Wednesday it had raised $640 million in new capital in a funding round led by SoftBank Group Corp’s Vision Fund 2 and BlackRock Inc. The funding round, the biggest in Trax’s history, also drew new investors such as...
by Sebastian | Apr 8, 2021 | News
Plaid, a unicorn that helps connect consumers’ bank accounts to financial applications, has raised a $425 million Series D, it announced this morning. TechCrunch understands that the new capital infusion, led by Altimeter Capital, values the company at around $13.4...
by Sebastian | Apr 8, 2021 | News
A pair of private-equity firms have teamed up to make a bid for Royal KPN NV that could value the Dutch communications-services provider at more than $15 billion, according to people familiar with the matter. Funds prepare to conduct due diligence with goal of...
by Sebastian | Apr 8, 2021 | News
SoftBank Group Corp’s Vision Fund 2 and private equity firm Tiger Global Management have invested in Redis Labs, a real-time cloud analytics platform provider, in a late-stage funding round valuing the firm at over $2 billion. Existing investor TCV also participated...
by Sebastian | Apr 8, 2021 | News
Private equity firms are barreling through the records as they place bets on technological revolutions in sectors ranging from finance to health care. Firms have spent $80 billion acquiring companies in the global technology sector this year, according to data...
by Sebastian | Apr 7, 2021 | News
Billionaire James Packer’s Consolidated Press Holdings said on Tuesday it was open to considering private equity firm Blackstone Group Inc’s $6.13 billion proposal to buy Australian casino operator Crown Resorts Ltd. Blackstone in March had proposed to buy Crown...
