David Karandish has been busy. Capacity, his support automation company, was planning a $ 5 million “bridge round” to help the company reach the break-even point. But TVC Capital, Toloka.vc, and the venture’s other backers had something grander in mind. So they threw in an additional $ 21 million for what became Capacity’s $ 26 […]
The 13 biggest take-private PE acquisitions so far this year in tech
The private equity realm has been pretty active so far in 2024, serving as a powerful “alternative” source of liquidity for technology startups and scale-ups in search of an exit. Just this month, TechCrunch reported that EQT had picked up a majority stake in cybersecurity firm Acronis at a valuation of around $ 4 billion, […]
InMobi secures $100 million for AI acquisitions ahead of IPO
Adtech startup InMobi has raised $ 100 million in debt financing as the profitable Indian firm looks to “significantly deepen” its artificial intelligence initiatives and fund potential AI acquisitions ahead of a planned IPO next year. Mars Growth Capital, a joint venture between MUFG and Liquidity Group, has financed the funding, InMobi said Wednesday. The […]
The 12 biggest take-private PE acquisitions so far this year in tech
The private equity realm has been pretty active so far in 2024, serving as a powerful “alternative” source of liquidity for technology startups and scale-ups in search of an exit. Just this month, TechCrunch reported that EQT had picked up a majority stake in cybersecurity firm Acronis at a valuation of around $ 4 billion, […]