Tuesday, January 26, 2021

Video software platform Vimeo raises $300 million in funding

The funds were raised at a post-money valuation of about $6 billion, more than doubling from the $2.75 billion valuation in November last year when Vimeo raised $150 million from Thrive Capital and Singapore's sovereign wealth fund GIC.

from Tech-Economic Times https://ift.tt/2YbXtr8

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...