Revolut valued at $33bn to become UK’s biggest-ever private tech group
Revolut, the London-based digital banking start-up, has raised $800m in a funding round that makes it the UK’s most valuable private tech company of all time. The deal, led by SoftBank’s Vision Fund 2 and Tiger Global Management, values the six-year-old company at $33bn (£23.9bn), six times more than at its last fundraising in early […]
Qualcomm reportedly offers to invest in Arm as regulators threaten to block Nvidia’s $40 billion acquisition
U.S. chip goliath Qualcomm has said it is open to the idea of investing in U.K. chip designer Arm if the company’s $40 billion sale to Nvidia is blocked by regulators. Qualcomm’s incoming CEO, Cristiano Amon, said Qualcomm would be willing to buy a stake in Arm alongside other industry investors if SoftBank, Arm’s current owner, listed the company […]
NetSPI Secures $90 Million in Growth Funding
NetSPI, the leader in enterprise penetration testing and attack surface management, today announced it has raised $90 million in growth funding led by KKR, with participation from Ten Eleven Ventures. The investment will be used to further accelerate NetSPI’s rapid growth by expanding the company’s cyber security and client experience teams, investing in product innovation, and deepening operations across U.S. […]