Wiz declined Google's $23 billion offer, opting for independent growth towards a $1 billion ARR goal by 2025. CEO Assaf Rappaport expressed confidence in the decision despite its challenges.
Cohere secured $500 million at a $5.5 billion valuation, with revenue growth to $35 million annually, attracting investors despite a 157 times ARR valuation.
Legal tech industry is evolving with successful fundraising, as seen with Canadian company Clio's $900 million Series F at a $3 billion valuation, showing significant growth and profitability.
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