Pre-IPO Sector News Update

June 7, 2021

  • Last week, Exabeam raised $200 million at a $2.4 billion valuation. In addition, the company appointed Michael DeCesare as its new CEO and President. DeCesare was previously the CEO of Forescout Technologies.

  • GitLab acquired UnReview, a machine learning platform that recommends the best code reviewers.

  • Gong raised $250 million at a $7.25 billion valuation.

  • In its latest regulatory filing, Marqeta planned to sell its shares at a range of $20 per share to $24 per share, raising more than $1 billion at the top end of the range which translates to more than $12 billion valuation.

  • Outreach raised $200 million at a $4.4 billion valuation.

  • SentinelOne filed its S1 for its upcoming IPO.

  • Sprinklr filed its S1 for its upcoming IPO.

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

EXABEAM

“Exabeam Secures $200 Million at $2.4 Billion Valuation, Welcomes New CEO and President Michael DeCesare”

GITLAB

“GitLab Acquires UnReview as it Looks to Bring More ML Tools to its Platform”

GONG

“Gong Raises $250 Mln in Funds at Valuation of Over $7 Bln”

MARQETA

“U.S. Payments Startup Marqeta Eyes over $12 Bln Valuation in U.S. IPO”

OUTREACH

“Outreach Lands $200 million, Pushing Valuation of Sales Software Startup to $4.4 Billion”

SENTINELONE

“AI Cybersecurity Provider SentinelOne Files for $100M IPO”

SPRINKLR

“Sprinklr Files Registration Statement for Proposed Initial Public Offering”

Kirat Lall