More details emerge on how Windsurf’s VCs and founders got paid from the Google deal
VCs and founders took much of the $2.4B, but money was left for a payout to all employees, sources say.
M&A
AI leadership development platform Praxis Labs sells to Torch
Praxis Labs, a learning development platform, announced its acquisition on Thursday for an undisclosed amount by the leadership and coaching enterprise Torch. “As a small company with fewer than 20 people serving companies as large…
AI is forcing the data industry to consolidate — but that’s not the whole story
While AI may be the catalyst behind the recent wave of data company M&A, the market was ripe for consolidation.
Rubrik acquires Predibase to accelerate adoption of AI agents
Predibase helps companies train and fine-tune open source AI models which will help Rubrik customers deploy AI agents faster.
Automattic acquires relationship manager Clay to add an identity layer to online tools
WordPress.com owner Automattic has added another communication-focused startup to its lineup: relationship-management app Clay.
AMD acqui-hires the employees behind Untether AI
AMD has acqui-hired the employees behind Untether AI.
Collibra acquires data access startup Raito
Collibra, a data governance platform based in Brussels, is the latest enterprise to acquire a data company in order to expand its offerings in the age of AI. On Thursday, Collibra announced its acquisition Raito,…
Salesforce acquires Informatica for $8 billion
Salesforce has acquired cloud data management firm Informatica in an $8 billion equity deal, marking a major move in its push to strengthen its AI and data infrastructure capabilities. The announcement, made Tuesday, comes about…
Fivetran acquires Census to become end-to-end data movement platform
After nearly 13 years in business, Fivetran will now be able to offer its customers an end-to-end data movement solution. Fivetran, which helps enterprises move data from a variety of sources into cloud databases, announced…