Sources: Adobe held talks to acquire Synthesia, which makes AI tools that generate video avatars of people, for ~$3B; the startup was valued at $2.1B in January
Katie Roof / The Information :
Sources: data integration company Fivetran is in talks to acquire data management company dbt Labs in a deal valuing the combined entity at between $5B and $10B
Fivetran, a startup used by companies to manage and prepare data for analytics and artificial intelligence … LinkedIn: Katie Roof LinkedIn: Katie Roof : Saturday scoop: Fivetran in talks to buy dbt La...
CB Insights: OpenAI's acquisition of Jony Ive's io for $6.5B sets a new record for venture-backed acquisition by a private buyer
Katie Roof / Bloomberg : X: @katie_roof . LinkedIn: Katie Roof X: Katie Roof / @katie_roof : We're seeing record billion-dollar startup sales to private strategics with 7 in the past year. OpenAI, Da...
StackBlitz, which offers an AI tool to create websites using text prompts, says it's finalizing raising $83.5M at a $700M valuation, following a $22M Series A
Bloomberg : Bluesky: @katieroof . LinkedIn: Katie Roof Bluesky: Katie Roof / @katieroof : Product is Bolt.New (how many Bolts are there??) [embedded post] LinkedIn: Katie Roof : After 7 years, develo...
Adobe plans to buy UI design and prototyping tool Figma for ~$20B, half cash and half stock; CEO Dylan Field will continue to lead Figma; ADBE closed down 16.8%
Today, we're announcing that Figma has entered into an agreement to be acquired by Adobe. TechCrunch : After the Figma-Adobe deal, which design startups are acquisition targets? Wall Street Journal : ...
Sources: Microsoft's agreement to acquire 5G cloud software maker Affirmed Networks valued the startup at about $1.35B
Bloomberg : Tweets: @jamesamatthews , @pluginfud , and @katie_roof Tweets: James Matthews / @jamesamatthews : This is an intriguing acquisition from Microsoft. Nearly 10 years at the company has taug...
Vista Equity Partners takes majority stake in Wrike, a work management platform that says it has nearly a $100M run rate, source says at a valuation of ~$800M
Katie Roof / Wall Street Journal : Tweets: @jordannovet and @katie_roof Tweets: Jordan ‘Jaws’ Novet / @jordannovet : wow. recall that Atlassian paid $425 million for Trello in early 2017 http://twitt...
Sources: cybersecurity firm Zscaler has confidentially filed for an IPO, plans to go public before the year's end
Katie Roof / TechCrunch :
Sources: cybersecurity firm Zscaler has confidentially filed for an IPO, plans to go public before the year's end
Katie Roof / TechCrunch :
PayPal has agreed to buy bill payment management company TIO Networks for $233M, gaining access to customers who pay bills at kiosks
Katie Roof / TechCrunch :