article thumbnail

Atlassian to acquire former unicorn Loom for $975M

TechCrunch: M&A

billion valuation in May 2021 when it announced a $130 million Series C. Atlassian announced this morning that it is acquiring video messaging service Loom for $975 million, the same company that had a $1.53 That was when companies were still thinking about all work being cloud-based and the future looked oh so bright.

Valuation 355
article thumbnail

Venture Capital: Annual VC Valuations Report

Deal Lawyers

PitchBook recently published its 2023 Venture Capital Valuations Report, and not surprisingly, the news is pretty grim. VC valuations continued to head south from their 2021-22 levels. Not surprisingly, exit prospects weren’t great either.

Valuation 113
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Return of the Exit

JD Supra: Mergers

Exit plans have either swiveled or been put on hold as valuations have remained low, and there has not been a huge market for M&A or IPOs. While we may not see the activity level we experienced in 2021, we could see an increase in deals and more exit options available.

IPO 171
article thumbnail

GLI - Mergers & Acquisitions 2023 - 12th Edition

JD Supra: Mergers

Overview - The year 2022 started strong but proved to be a mixed year for M&A in what could be described as a return to earth after the record-setting year that was 2021. M&A market alone exceeded $2 trillion in 2021 – a staggering figure that crushed (by nearly 30%) the then-existing record established in 2015.

Mergers 130
article thumbnail

Socure acquires identity verification startup Berbix for $70M

TechCrunch: M&A

billion valuation during the heady fundraising days of late 2021 (and $100 million earlier in 2021), today announced that it has acquired identity verification service Berbix for $70 million in cash and stock transactions. Socure , the identity verification service that raised a massive $450 million Series E round at a $4.5

Valuation 169
article thumbnail

Public SaaS Company Valuations and What They Mean for Private Companies

Software Equity Group

Our report provides context for private companies to better understand factors influencing their valuations and evaluate how they can position themselves within a changing marketplace. This post will examine the current state of public SaaS company valuations and what it means for private companies. from 2021 by the end of the year.

article thumbnail

Smart Electric Meter Market to Reach Valuation of USD 36.00 billion by 2028 with a CAGR of 8.1% During 2021-2028: Fortune Business Insights™

Global Newswire by Notified: M&A

Smart Electric Meter Market to Grow Progressively; Rapid Urbanization and Development of Multiple Smart Cities to Boost Market Growth; Rising Adoption of Renewable Energy to Bolster Market Progress: Fortune Business Insights™ Smart Electric Meter Market to Grow Progressively; Rapid Urbanization and Development of Multiple Smart Cities to Boost Market (..)