The company sold 29 million shares priced at $29, raising $841 million, writes Stephanie Condon.
Here is the link: https://www.zdnet.com/article/informatica-raises-841-million-in-ipo/
Informatica raises $841 million in IPO — ZDNet
Just in
Series E
Corelight raises $150M
San Francisco-based network detection and response (NDR) company Corelight has raised $150 million in a Series E funding round.
AI
Anthropic introduces team plan, iOS app for Claude AI
Anthropic announced two updates for its AI assistant, Claude: a new Team plan and an iOS app.
Industry
Tencent, Mercedes-Benz, EA partner for in-car gaming
Tencent, Mercedes-Benz, and Electronic Arts (EA) announced their partnership at Auto China 2024 to bring in-car gaming to Mercedes-Benz vehicles in China.
AI
Amazon Q generative AI chatbot now generally available
Amazon Web Service (AWS) has announced the general availability of Amazon Q, a generative AI-powered assistant that leverages companies' internal data.
Fundings
Island raises $175M
Dallas, Texas-based enterprise browser company Island raised $175 million in Series D funding, raising the company's valuation to $3 billion.