NinjaOne, an IT management platform, has more than doubled its valuation to $12.3 billion in a new financing deal, bucking the trend of investors shying away from software-as-a-service companies over AI fears. The startup is set to announce Tuesday that it’s raised $400 million in a secondary share sale. Wellington Man
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NinjaOne, an IT management platform, has more than doubled its valuation to $12.3 billion in a new financing deal, bucking the trend of investors shying away from software-as-a-service companies over AI fears. The startup is set to announce Tuesday that it’s raised $400 million in a secondary share sale. Wellington Man
NinjaOne, an IT management platform, has more than doubled its valuation to $12.3 billion in a new financing deal, bucking the trend of investors shying away from software-as-a-service companies over AI fears. The startup is set to announce Tuesday that it’s raised $400 million in a secondary share sale. U.K. pharmaceutical giant GSK on Tuesday struck a $10.6 billion deal to buy U.S.-listed biotech company Nuvalent, its biggest acquisition in eight years as it seeks to bolster the cancer portfolio it had previously trimmed.
Bloomberg reported the story as "Iconiq-Backed IT Startup NinjaOne Hits $12.3 Billion Valuation."
2 sources have covered this story, including Bloomberg and MarketWatch. The earliest reporting in the cluster landed about 16 hours ago.
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[01] VerifiedCore event reported by 2 independent outlets across the spectrum.
[02] DisputedKey facts present in mainstream desks; corroboration thin from wires.