Global Private Equity Ix News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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. ....

Knowledge Bank , Advent International , Advent Tech , Data Management , Global Private Equity Ix , Machine Learning , Private Equity , Tech Fund , Tiger Global , Unicorn Status , அறிவு வங்கி , தகவல்கள் மேலாண்மை , இயந்திரம் கற்றல் , ப்ரைவேட் பங்கு , தொழில்நுட்பம் நிதி , புலி உலகளாவிய , யூனிகார்ன் நிலை ,