Tech giant New Relic has recently agreed to go private in a massive $6.5 billion all-cash deal. The deal was announced on August 10th and will see New Relic, a popular devops analytics platform, acquired by the private equity firm Tribe Capital at a premium of approximately 20-25% above New Relic’s market closing price the… Continue reading Relic agrees
Category: equity
Ramp reports 4x revenue growth, says it still has ‘vast majority’ of equity funding
India based business-to-business (B2B) eCommerce firm Ramp has announced a fourfold revenue growth in the year 2020. The company also said that it has maintained its ‘vast majority’ of equity funding. Ramp is a B2B eCommerce startup that provides an end-to-end platform which helps traders and manufacturers in digitizing their business operations, from sourcing to… Continue reading Ramp reports 4x revenue growth, says it still has ‘vast majority’ of equity funding
Cvent private
The events technology and hospitality software provider Cvent Inc recently announced that they have decided to go private again in a $4.6 billion deal with private equity firm Blackstone. This deal includes $36 per share in cash and is expected to close in the fourth quarter of 2021. This is not the first time Cvent… Continue reading Cvent private
Daily Crunch
Today, in an all-cash transaction, private equity firm Apollo Global Management has purchased Duck Creek Technologies, an insurtech startup, for an estimated 2.6 billion dollars. Duck Creek Technologies is an insurtech company that provides its users with customizable, cloud-based insurance management software as well as related services. Since its launch in 2000, the software has… Continue reading Daily Crunch
Equity’s 2023 predictions on the future of building, crypto and AI
As technological advancements continue at an unprecedented rate, industry leaders and visionaries have made numerous predictions regarding the future of building, crypto, and AI. In this article, we take a look at what notable venture capitalist firm Equity has foreseen for these three areas in 2023. The firm believes that the future of building will… Continue reading Equity’s 2023 predictions on the future of building, crypto and AI