Funding deal values Dataminr at US$3.6bil


NEW YORK: Dataminr, an artificial-intelligence platform that makes use of sources such as Twitter to send breaking news alerts, is in talks to raise new funding at a valuation of more than US$3.6bil (RM14.7bil), according to people with knowledge of the matter.

The New York-based company is poised to more than double its 2018 valuation of US$1.6bil in the new funding round, which is set to feature participation from some existing investors, the people said.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

HeiTech Padu appoints Hasrul Azuan as CEO
Dnex ties up with France-based Conex to streamline EU trade compliance for M’sian exporter
Capital A submits regularisation plan to exit PN17 status
TM and Perodua tie up to drive Malaysia's automotive transformation under NIMP 2030
Powerwell wins RM27mil supply contract
FBM KLCI gains ground; ringgit rebounds
Oil gains as cooling US inflation points to possible easing
CIMB and Gentari ink MoU to drive green mobility and value chain decarbonisation
AmInvest declares income distribution of RM142.8mil
S P Setia's commercial offerings in Semenyih see strong demand and full take-ups.

Others Also Read