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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 Siebel said.

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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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Automakers Rev Up Venture Capital Engine With 38 Investments in 2017

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Automakers that want in on ridesharing, self-driving cars or innovative car financing options aren’t always developing their own technologies or starting their own ventures. As such, automakers are hitting the venture capital highway in droves. The number of automaker-backed investments seems to have skyrocketed overnight.

Capital 109
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Facebook's Libra Hires HSBC Veteran As Managing Director

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The association said in a news release that “Emmett is a highly experienced financial services leader with a wealth of global experience in business, strategy, technology and operations, gained through his 25 years with HSBC.". Levey added that he is confident that Emmett’s “leadership will help make Libra's vision a reality.". “I

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Namely Hires New CEO, Raises $60M In Funding

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Human resources (HR) and benefits software platform Namely has found a new CEO — and $60 million in venture capital (VC). GGV Capital , a Menlo Park, California-based firm, led the round alongside Tenaya Capital. In addition, the company recently raised a $60 million investment, which will be used to expand its reach.

New York 100
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Udacity Brings On LendingTree Veteran As New CEO

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Before joining Udacity, Dalporto was at LendingTree , where he served in several leadership roles throughout his seven-year tenure, including chief marketing officer and chief financial officer. The Mountain View, California company currently has operations in China, Egypt, Germany, India and the United Arab Emirates.

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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