News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Kasisto raises USD 90 million in Series D financing
On 2024-9-17, according to Xiniu Data, Kasisto completed Series D financing, raising USD 90 million.
OASIS TECHNOLOGY raises USD 6.3 million in Pre-Series A financing
On 2024-9-6, according to Xiniu Data, Shenzhen Oasis Technology completed Pre-Series A financing, raising USD 6.3 million.
Clio ARR surpassed $200M
On 2024/7/23, TechCrunch reported that Clio, a Canadian legal technology company, completed USD 900 million in Series F funding at a valuation of USD 3 billion. Annual recurring revenue exceeded USD 200 million, doubling from USD 100 million in 2022/6. The platform serves more than 150,000 legal professionals in over 130 countries and recently entered Asia-Pacific markets.
Cohere reaches USD 35 million annual revenue, raises USD 500 million at USD 5.5 billion valuation
On 2024/7/22, TechCrunch reported that Canadian generative AI company Cohere had raised USD 500 million with participation from Cisco, AMD, Fujitsu and others, increasing its valuation to USD 5.5 billion, double the USD 2.7 billion in 2023/6. Current annual revenue was approximately USD 35 million and total funding USD 970 million.
Chengdu Tasi raises RMB 10 million in strategic financing
On 2024-6-11, according to Xiniu Data, Chengdu Tasi completed strategic financing, raising RMB 10 million.
Scurri acquires HelloDone.ai assets and brings its team on board
In 2024/6, Scurri announced that it acquired HelloDone.ai assets and brought its team on board. This was an asset and team transaction, not demonstrated strategic equity financing. Consideration was undisclosed, and the old estimate of CNY 2 million lacked an original basis.
Axios HQ at $10M ARR
On 2024/1/10, Business Wire reported that Axios HQ, a US internal communications software company, exceeded USD 10 million in revenue in 2023. Based on the Smart Brevity method and powered by AI, it integrates with Slack and Microsoft Teams to make internal information clearer and easier to remember.
Sigma Computing reaches USD 9 million in ARR
On 2023/2/3, ARR Club reported that Sigma Computing, a US cloud business intelligence platform, disclosed annual recurring revenue of USD 9 million. Its self-service analytics tools continue gaining adoption among data teams, with ARR increasing twofold from USD 3 million one year earlier.
OASIS completes seed financing
On 2022-10-6, according to Xiniu Data, Oasis completed seed financing, raising an undisclosed amount.
TT Voice parent Quwan Group raises USD 100 million Series B, plans Hong Kong IPO
TT Voice parent Quwan Group completed Series B rounds totaling USD 100 million in 2021/2, with USD-denominated funds including Matrix Partners China and Orchid Asia investing, and subsequently filed with the Hong Kong Stock Exchange.