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Software Maker C3.ai Tops IPO Goal, Valued At $4 Billion

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The company, based in Redwood City, California, sold 15.5 ai will acquire shares in a private placement as part of the listing, including Microsoft, which would buy $50 million at IPO price, and Spring Creek Capital, which plans to buy $100 million in common stock, Bloomberg writes. Software maker C3.ai million shares on Tuesday (Dec.

Software 198
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Investors Tap Into The Promise Of High-Tech Data Analytics In The Enterprise

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It was a busy time for B2B venture capital this week, and while funding ranged across verticals from expense management to SaaS, there was a clear theme in investment rounds: high-tech data analytics. The company said it will use the backing to focus on its go-to-market strategy and expand existing leadership. Expense Management.

Analytics 189
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Visa Taps Chris Newkirk To Serve As Chief Strategy Officer

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“Chris will be a great addition to the executive team, not only because of the deep payments expertise he brings, but also for his passion for people and excellent leadership,” Kelly said in the announcement. “I In separate news, California-based analytics firm GoodData recently unveiled a strategic and investment partnership with Visa.

Strategy 131
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C3.ai Boosts IPO Share Price In Bid To Raise $589 Million

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"Our singular focus is to leverage our technology leadership, first-mover advantage, and management leadership to establish and maintain a global leadership position in Enterprise AI," C3.ai Based in Redwood City, California, C3.ai ai’s market capitalization could be around $3.66 ai Founder and CEO Thomas M.

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Automakers Rev Up Venture Capital Engine With 38 Investments in 2017

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As such, automakers are hitting the venture capital highway in droves. In the rideshare arena, InMotion , Jaguar Land Rover’s venture capital arm, invested $25 million in a $600 million funding round for Lyft in 2017. The number of automaker-backed investments seems to have skyrocketed overnight. Ridesharing.

Capital 109
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Software Procurement Plays Favorites With B2B Investors

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However, it was a B2B software procurement platform that raised the most money — $55 million — in this week’s B2B venture capital roundup. Energy Innovation Capital and Chevron Technology Ventures led the funding, while R/GA Ventures and Macquarie Capital also came on board as new investors.

Software 190
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Sezzle Names Former PayPal Exec To Lead Sales

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Sezzle , the Minneapolis-based installment-based payments platform, has announced the appointment of Reid Bork to its leadership team. Bork will spearhead Sezzle’s enterprise business development efforts, as the company focuses on client acquisition following its recent capital raise. The company offers U.S.