Pre-IPO Sector News

August 23, 2021

  • Last week, Brex acquired Weav, a startup that developed an API to track business customers’ commerce data, for $50 million.

  • Databricks was raising at least $1.5 billion in a new funding round at a $38 billion valuation.

  • People.ai raised $100 million at a $1.1 billion valuation.

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

BREX

“Brex Buys Weav, a Universal API for Commerce Platforms, for $50M”

DATABRICKS

“Databricks Valuation Jumps to $38 Billion in Funding Deal”

PEOPLE.AI

“People.ai Raises $100M in Funding”

 

 

 

Dominic Cioffi