Advent

BigPanda, an IT management startup that uses AI to detect and resolve outages, raises $190M led by Advent and Insight at a $1.2B valuation

BigPanda, an IT management startup that uses AI to detect and resolve outages, raises $190M led by Advent and Insight at a $1.2B valuation

San Francisco-based BigPanda, which helps IT departments keep their digital services running, hit a valuation of $1.2 billion after a $190 million raise …

French startup Shift Technology, which uses AI to help insurance providers detect and prevent fraud, raises $220M Series D at a $1B+ valuation, led by Advent

Ingrid Lunden / TechCrunch :

Tekion, which offers a service that connects car makers, dealers, and buyers, raises $150M Series C led by Advent at a $1B+ valuation

- Company raises $150 million in Series C funding round  — Tekion was started by former Tesla executive Jay Vijayan