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- Klaviyo IPOs at $30/share, Cisco acquires Splunk for ~$28B in cash
Klaviyo IPOs at $30/share, Cisco acquires Splunk for ~$28B in cash
IPO: Klaviyo priced its ~19.2M shares at $30/share, raising $576M at a fully diluted valuation of $9.2B; the company closed its first day of trading up 9% - Link
Cisco acquired Splunk for ~$28B in cash, paying $157/share, or a 31% premium to Splunk’s previous closing price; the deal represents ~10% of Cisco’s market value - Link
Neuralink received approval to begin recruitment for the first human trial of its brain implant for paralysis patients, which will take six years to complete - Link
Google DeepMind debuted AlphaMissense, a new AI tool that can predict whether mutations in human genes are likely to be harmful - Link
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Tabular, a San Jose-based startup building an independent data platform based on Apache Iceberg, raised a $26M round led by Altimeter - Link
Bloomberg sources: Pryon, a North Carolina-based AI startup whose platform organizes customer data and provides chatbot-style search interfaces for employees, raised a $100M Series B led by Thomas Tull’s US Innovative Technology Fund at a $500M+ valuation - Link
Plan A, a Germany-based startup building a carbon accounting and ESG reporting platform, raised a $27M Series A extension led by Lightspeed - Link
Alcion, a startup building AI-powered backup and recovery tools, raised a $21M Series A led by data protection company Veeam - Link
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