Pre-IPO Sector News

October 18, 2021

• Last week, Dataminr acquired Krizo, a crisis response platform.

• GitLab raised $801 million in its IPO at a $11 billion valuation. 

• Magic Leap raised $500 million at a $2 billion valuation.

• Outreach acquired Canopy, a revenue analysis tool.

• Plume raised $300 million at a $2.6 billion valuation.

• TripActions raised $275 million at a $7.25 billion valuation.

The news articles and links presented below are available for your reference.

DATAMINR

“Dataminr to Acquire Crisis Management Firm Krizo”

• https://venturebeat.com/2021/10/13/dataminr-publicizes-intent-to-acquire-crises-management-firm-krizo/

GITLAB

“GitLab IPO Prices Above Range, Stock Jumps As Trading Begins”

• https://www.investors.com/news/technology/gitlab-ipo-looks-to-raise-700-million-gtlb/

MAGIC LEAP

“Seven years After Raising $542M at a $2B Valuation, Magic Leap Raises $500M at a $2B Valuation”

• https://techcrunch.com/2021/10/11/seven-years-after-raising-542m-at-a-2b-valuation-magic-leap-raises-500m-at-a-2b-valuation/

OUTREACH

“Outreach Makes Second Acquisition, Swoops up Revenue Intelligence Startup Canopy”

• https://www.geekwire.com/2021/outreach-makes-second-acquisition-swoops-revenue-intelligence-startup-canopy/

PLUME

“Plume Raises $300M as it Passes 1.2B Devices in 35M Homes Using its Smart Wi-Fi Service”

• https://techcrunch.com/2021/10/12/plume-raises-300m-as-it-passes-1-2b-devices-in-35m-homes-using-its-smart-wifi-service/

TRIPACTIONS

“Corporate Travel and Expense Management Platform TripActions Raises $275M”

• https://venturebeat.com/2021/10/13/corporate-travel-and-expense-management-platform-tripactions-raises-275m/