IBM closes its $11B deal for data streaming company Confluent; IBM CEO Arvind Krishna says he expects IBM will maintain or grow its head count over five years
Deal will help companies access their data for AI agents, says IBM CEO Arvind Krishna, as he brushes off AI's risk to IBM's business
IBM agrees to acquire data streaming software maker Confluent for ~$11B in cash, above its ~$8B market value as of its December 5 close, paying $31 per share
Confluent shares surged more than 25% in premarket trading Monday, while IBM's fell slightly.
Data infrastructure software maker Confluent closes up 25% on its first day of trading, after raising $828M in its US IPO
with third co-founder Neha Narkhede not far behind. https://www.forbes.com/... Alex Konrad / @alexrkonrad : One twist to Confluent's IPO: VC firm Benchmark holds a stake now worth more than $1.5 billi...
Data infrastructure software maker Confluent raises $828M in its US IPO at a valuation of about $9B; Confluent was last valued at $4.5B last year
Bloomberg :
Filing shows that Confluent, which offers a streaming platform based on Apache Kafka, is seeking to raise $759M at ~$8.3B valuation in its US IPO
Sohini Podder / Reuters :
Confluent, an event streaming platform based on Apache Kafka, says it has filed confidentially for a US IPO; Confluent was last valued at $4.5B in April 2020
Crystal Tse / Bloomberg :
Common Room, a service to track online interactions with products, used by Figma and others, raises $32.3M Series B led by Greylock
Our Investment in Common Room … Reconnecting with Linda Lian … Tweets: @forbes : This startup is betting that software companies will find their customers through the community, and they have $52 mill...
Confluent, the company behind open source streaming data project Apache Kafka, raises $250M Series E at a $4.5B valuation, following last year's $125M Series D
The pandemic may feel all-encompassing at the moment, but Confluent announced a $250 million Series E today …
Confluent, the company behind open source streaming data project Apache Kafka, raises $125M Series D led by Sequoia Capital, source says at a $2.5B valuation
Open source software has produced a new multi-billion-dollar company - one that has some of Silicon Valley's best-known venture firms jockeying …
Confluent, the company behind open source streaming data project Apache Kafka, raises $50M Series C round led by Sequoia Capital
Confluent, the company behind open source streaming data project Apache Kafka, closes a Series C round that more than doubles its total financing.