News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗XtalPi raises HKD 1.13 billion in main-board private placement
Brief not available.
Year of G2 ARR milestone above USD 100 million remains to be verified
ARR Club placed G2's milestone above USD 100 million in ARR in 2024/10, but a later GetLatka correction said it originated from management's year-end target in 2022. The USD 113 million in the old article instead corresponded to an estimate for 2023. A new revenue event in 2024/10 could not yet be confirmed, and the original record's USD 100 million in funding also lacked corresponding evidence, so no amount was included for aggregation.
TRS raises RMB 890 million in main-board private placement
Brief not available.
Placer.ai ARR at $100M
On 2024/8/7, Calcalist reported that Placer.ai, an Israeli location analytics platform, raised USD 75 million at a valuation of USD 1.5 billion, with annual recurring revenue of approximately USD 100 million. The platform provides foot traffic and store location data. It had grown more than 80% over the past 12 months, compared with ARR of only approximately USD 30 million in early 2022.
Placed secures GBP 4 million in financing; round pending confirmation
Brief not available.