comparemela.com

Latest Breaking News On - Advent tech - Page 8 : comparemela.com

Shift Technology Secures $220 Million in a Series D Investment Round Led by Advent International

Shift Technology Secures $220 Million in a Series D Investment Round Led by Advent International News provided by Share this article Share this article PARIS and BOSTON, May 6, 2021 /PRNewswire/  Shift Technology, a SaaS provider of artificial intelligence (AI)-driven decision automation and optimization solutions for the global insurance industry, today announced the company closed a Series D investment round of $220 million. The round was led by Advent International, through Advent Tech, with participation from Avenir and others. Previous Series C participants Accel, Bessemer Venture Partners, General Catalyst, and Iris Capital also joined the round. The latest funding round brings total investment in Shift to $320 million and a market valuation of more than $1 billion. The investment will fuel the company s execution of its vision to revolutionize the policyholder experience through wide-ranging products that apply AI and advanced data science to key insurance processes.

L AssurTech Shift Technology lève 220 millions de dollars - L 1FO Tech par L Informaticien

L AssurTech Shift Technology lève 220 millions de dollars - L 1FO Tech par L Informaticien
linformaticien.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from linformaticien.com Daily Mail and Mail on Sunday newspapers.

BigID Boosts Series D Funding, Bringing Valuation To $1 25 Billion - Corporate/Commercial Law

To print this article, all you need is to be registered or login on Mondaq.com. New York – April 27, 2021 –  Cooley advised BigID, a leader in data discovery and intelligence, on its $30 million investment from Advent International, which boosts its Series D funding round to $100 million and brings its valuation to $1.25 billion. Partner Adam Dinow led the team advising BigID. The investment from global private equity investor Advent International, through Advent Tech, extends BigID s $70 million Series D financing raised in December 2020. BigID will use the additional capital to expand globally, boost its go-to-market efforts and advance product development in the areas of data

Advent International buys into BigID at $1 25bn valuation | AltAssets Private Equity News

8 Advent International has tapped its dedicated $2bn tech fund to help data intelligence service provider BigID reach a $1.25bn valuation. The private equity firm agreed to commit $30m as an extension to the company’s existing $70m Series D round, which saw it hit unicorn status last December. BigID has now raised $200m over four rounds since September 2019. Existing investors include Salesforce Ventures, Tiger Global Management, Glynn Capital, Bessemer Venture Partners, Scale Venture Partners and Boldstart Ventures. Ashwin Krishnan, principal at Advent’s technology team in New York, said, “We believe the BigID platform offers a powerful solution to enterprises as they help global organizations manage and extract value from their data while grappling with the dual threats of data privacy and data security.

BigID Welcomes $30M Investment from Advent International, Valuing BigID at $1 25B

Share this article NEW YORK and TEL AVIV, Israel, April 22, 2021 /PRNewswire/ BigID, a leader in data discovery and intelligence for privacy, protection and perspective, today announced a $30 million investment from Advent International, one of the largest and most experienced global private equity investors, through Advent Tech, extending the company s $70 million Series D financing raised in December 2020. BigID has raised $200 million over four rounds since September 2019, a pace that illustrates the demand for BigID s novel and modern approach to data management. This latest financing brings BigID s valuation to $1.25 billion. The pandemic has accelerated all automation and digital transformation programs by several years as companies recognize the need to innovate, placing increased pressure on IT leaders to deliver digital initiatives and overcome issues such as data silos. BigID s platform reimagines data management for enterprises, combining machine learning-based cla

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.