AlphaSense bags $100 million in latest funding round, valued at $1.8 billion
By MYBRANDBOOK
The market intelligence platform, AlphaSense has received $100 million in a fresh round of funding backed by Alphabet's venture capital arm CapitalG. This makes the company valued at $1.8 billion.
Heightened volatility in the stock markets due to the U.S. Federal Reserve's monetary tightening have prompted companies to tap private investors as the appetite for public listings remains subdued.
In the latest funding round the existing investors - Goldman Sachs Asset Management and Viking Global Investors also participated.
The company said that the funds will be used in development of advanced artificial intelligence capabilities.
Last year, the company was valued at $1.7 billion after raising $225 million.
AlphaSense helps its customers extract relevant information from a trove of public and private content such as equity research, earnings calls, company filings and news.
Microsoft to build a new data centre to support Thailand's tec
Microsoft has revealed intentions to construct a regional data centre as w...
SAP launches cloud services to help Indian scaleups innovate m
SAP at SAP unveils now "GROW with SAP for Scaleups," a new cloud service d...
Denodo and Sonata form alliance to unlock data-to-value creati
Denodo and Sonata Information Technology India Limited (SITL) have annou...
Google Play Store will now let users download two apps simulta
Google Play Store now lets users download two apps simultaneously. While a...
HIMACHAL FUTURISTIC COMMUNICATIONS LTD.
INFOSYS TECHNOLOGIES PVT. LTD.
MICROTEK INTERNATIONAL PVT. LTD.
MICROMAX INFORMATICS LTD.
Technology Icons Of India 2023: Sridhar Vembu
Sridhar Vembu is an Indian billionaire business magnate and the Founde...
Technology Icons Of India 2023: Sunil Vachani
Sunil Vachani is the founder and chairman of India-listed Dixon Techno...
Technology Icons Of India 2023: Vijay Shekhar Sharma
Vijay Shekhar Sharma is an Indian technology entrepreneur and billiona...
NPCI leading India towards Digital payments
The National Payments Corporation of India (NPCI) is an initiative tak...
HPCL is transforming the energy landscape, across the nation and beyond
HPCL is world-class energy company known for caring and delighting the...
ECIL continues to keep India ahead in the growth of Information Technology and Electronics
ECIL played a very significant role in the training and growth of high...
WPG C&C COMPUTERS & PERIPHERALS PVT. LTD.
WPG C&C Computers & Peripherals (India) was incorporated in 2008 and ...
RAH INFOTECH
RAH Infotech is India’s fastest growing technology value added dist...
SUPERTRON ELECTRONICS PVT. LTD.
Supertron deals in servers, laptops, components, accessories and is a...