Matterport Announces Record Quarterly Financial Results
Matterport Reports Revenue of $27 Million, an Increase of 108% Year over Year, While Subscriber Growth Jumps 531% to 331,000
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SUNNYVALE, Calif., May 26, 2021 /PRNewswire/ Matterport, Inc., the leading spatial data company driving the digital transformation of the built world, today announced financial results for the quarter ended March 31, 2021. In February 2021, Matterport announced that it has entered into a definitive agreement to enter into a business combination with Gores Holdings VI (NASDAQ: GHVI, GHVIU, and GHVIW), a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, that will result in Matterport becoming a publicly listed company. Upon closing of the proposed business combination, the combined company will be named Matterport, Inc. and intends to remain listed on NASDAQ under the ticker symbol MTTR.
Los-Angeles based investment firm Gallant Capital has completed an investment in Valor Global.
Established in 2004, Valor Global is a family-owned and operated company which provides outsourced business processing and customer services to companies in technology, healthcare, government and e-commerce.
Jon Gimbel, partner at Gallant, said, “We are thrilled to partner with the Valor team and help them continue to build a world class business processing and customer care solutions business. We look forward to supporting Valor with our operational resources and flexible capital base to drive long-term growth, both organically and through strategic acquisitions.”
Simer Mayo, who will continue as Chief Executive Officer of Valor, added, “Gallant is the ideal partner for Valor as we enter into the next phase of our growth. It was important for us to find a partner who shared our core values and our deep commitment to customer service and employee development. Gallant’s operationa
Matterport to Announce Fiscal 2021 First Quarter Results on May 26, 2021 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ Matterport, Inc., the leading spatial data company driving the digital transformation of the built world, today announced the appointment of.
/PRNewswire/ Matterport, Inc., the leading spatial data company driving the digital transformation of the built world, today announced the appointment of.