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fromTechCrunch
1 day ago

ServiceNow to acquire cybersecurity startup Armis for $7.75B | TechCrunch

Enterprise software company ServiceNow agreed to acquire a nine-year-old cybersecurity startup, Armis, for $7.75 billion in cash. The deal is a massive valuation jump for the company. Just last month, Armis raised a $435 million pre-IPO funding round, which valued the company at $6.1 billion. Armis co-founder and CEO Yevgeny Dibrov had told TechCrunch last month that the company aims to go public in late 2026 or 2027, adding that an IPO is his "personal dream."
Venture
Venture
fromTechCrunch
2 weeks ago

Why Cursor's CEO believes OpenAI, Anthropic competition won't crush his startup | TechCrunch

Anysphere will not pursue an IPO soon and is prioritizing product feature development, in-house LLMs, and multi-provider integration to strengthen Cursor.
fromTechCrunch
2 weeks ago

Legal AI startup Harvey confirms $8B valuation | TechCrunch

Harvey on Thursday confirmed it closed a round of funding, led by Andreessen Horowitz, that values the legal AI startup at $8 billion after reports of the funding leaked in October. The startup raised $160 million in the round. This latest capital infusion came just months after it raised a $300 million in a Series E round at a $5 billion valuation in June. And that was just months after raising a Sequoia-led $300 million Series D at a $3 billion valuation in February.
Venture
Business
fromFortune
1 month ago

Kim Kardashian's Skims is now worth $5 billion after a massive $225 million funding round led by Goldman Sachs | Fortune

Skims raised $225 million at a $5 billion valuation while expanding products, partnerships, profitability, and an aggressive U.S. retail footprint.
Venture
fromTechCrunch
1 month ago

What is Bending Spoons? Everything to know about AOL's acquirer | TechCrunch

Four Bending Spoons cofounders became billionaires after a funding and secondary share sale valued their stakes at roughly $1.3–$1.4 billion each.
Artificial intelligence
fromTechCrunch
2 months ago

Sources: Multimodal AI startup Fal.ai already raised at $4B+ valuation | TechCrunch

Fal.ai raised about $250 million at a valuation above $4 billion, driven by rapid multimodal AI adoption, extensive developer usage, and specialized media-focused infrastructure.
Tech industry
fromTechzine Global
2 months ago

AI chipmaker Cerebras raises $1 billion prior to long-awaited IPO

Cerebras raised $1.1 billion, doubled valuation to $8.1B, postponed IPO, and is rapidly expanding U.S. wafer-scale AI chip production and capacity.
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