Salesforce Ventures and Tiger Global co-lead Series D round.
NEW YORK, December 16, 2020 BigID, a leader in data discovery and intelligence for privacy, protection and perspective, today announced a $70M million series D financing, bringing the valuation to over $1 Billion. The new investment is the third in a little over a year and follows BigID being named to the 2020 Forbes Cloud 100. The transaction comprised both primary and secondary shares.
The latest investment was led by Salesforce Ventures and Tiger Global and joined by Glynn Capital, with participation from existing investors Bessemer Venture Partners, Scale Venture Partners, and Boldstart Ventures. This round will help accelerate BigID’s investment in data intelligence for privacy, protection and perspective, further expand sales and marketing, and deliver new applications for actioning data in data privacy, security and governance. As the leader in data intelligence, BigID continues to revolutionize how organiza
BigID Announces $70 Million in New Investment, Raising the Company s Valuation to $1B – IT Business Net
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Vikas Sagar, named as the McKinsey SA linchpin in corrupt deals at Transnet, Eskom and SAA, now has a high-powered role as the co-founder of Kalido, a London-based tech start-up which has secured millions of US dollars in venture capital funding.
Three McKinsey executives appeared before the Zondo Commission of Inquiry into State Capture this week and the firm also agreed to repay R650-million to Transnet and SAA after refunding R1-billion to Eskom in 2018.
McKinsey senior partner Jean-Christophe Mieszala said Sagar, who led the South Africa office when the dodgy deals were done, had been reported to authorities and fired by the firm for breach of his “professional conduct and professional standards. We had concerns and suspicions (enough) to report (him) to authorities and terminate his employment,” said Mieszala.
Innoviz Technologies, a Global Leader in LiDAR Sensors and Perception Software for Autonomous Driving, to be Listed on Nasdaq Through Business Combination with Collective Growth Corporation
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- Innoviz Technologies Ltd. ( Innoviz ) to become publicly listed through business combination with Collective Growth Corporation (NASDAQ: CGRO) ( Collective Growth ) in a transaction sponsored by Antara Capital LP and Perception Capital Partners LLC
- Transaction is expected to provide up to $350 million in gross proceeds comprised of Collective Growth s $150 million of cash held in trust, assuming no redemptions by public stockholders, and a $200 million fully committed ordinary share PIPE at $10.00 per share, led by Antara Capital and includes strategic investments from Magna International, Innoviz s Tier-1 partner, Phoenix Insurance and other institutional investors
Innoviz Technologies founding team, which includes CEO Omer Keilaf; CBO, Oren Rosenzweig and Chief R&D Officer Oren Buskila. InnovizTwo Innoviz Technologies, CEO, Omer Keilaf. Innoviz Technologies founding team, which includes CEO Omer Keilaf; CBO, Oren Rosenzweig and Chief R&D Officer Oren Buskila.
Israel-based Innoviz Technologies, a leading player in high-performance, solid-state LiDAR sensors and perception software has entered into a definitive agreement to merge with Collective Growth Corporation in a transaction sponsored by Antara Capital and Perception Capital Partners. The transaction is supported by a $200 million (Rs 1,480 crore) fully committed common stock PIPE led by Antara Capital and includes strategic investments from Magna International, Innoviz s Tier-1 partner. Upon completion o
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