Oct 07, 2024
Cerebras released its S1 from its upcoming IPO.
Coreweave was raising a new round at a $23 billion valuation.
Fanatics was exploring a tender at a $25 billion valuation.
Wiz was exploring to sell between $500 million and $700 million in a tender at a valuation between $15 billion and $20 billion.
Sep 16, 2024
Glean AI raised $260 million at a $4.6 billion valuation.
OpenAI was raising a new round funding round at a valuation greater than $150 billion.
Outreach appointed Abhijit Mitra as its new CEO. He previously was the Chief Product Officer at Commure.
Oyster HR raised $59 million at a $1.2 billion valuation.
Aug 26, 2024
Cribl raised $319 million at a $3.5 billion valuation.
ConsenSys appointed Dan Odell as its new CFO. He previously was the CFO at Improbable and held numerous positions at Disney.
Homelight raised $20 million as an extension of its Series D.
Oyo Rooms raised $173.5 million at $2.4 billion valuation.
Even though an issuer has permitted secondary deals in the past, there are several factors that may curtail future trades, impacting a shareholder’s path to liquidity.
In the course of business, if a company changes its bylaws related to secondary sales, the volume of secondary sales could be restricted dependent on how stringent the revised bylaws are. For instance, certain provisions could require board approval, having exercised shares before a certain date prior to new bylaws or add volume parameters to secondary sales. The profile of the buyer, and how it would impact the existing cap table presence, might inform an additional clause.
Read MoreAug 12, 2024
Abnormal Security raised $250 million at a $5.1 billion valuation.
Anduril raised $1.5 billion at a $14 billion valuation.
Groq raised $640 million at a $2.8 billion valuation.
Jul 29, 2024
Cohere raised $500 million at a $5.5 billion valuation.
Deel acquired Hofy, a startup that manages remote technology products.
Stripe acquired Lemon Squeezy, a payments platform.
Tekion raised $200 million at a valuation greater than $4 billion.
Wiz rejected Google’s $23 billion acquisition.