Friday, November 30, 2018

Vista Equity Partners takes majority stake in Wrike, a work management platform that says it has nearly a $100M run rate, source says at a valuation of ~$800M (Katie Roof/Wall Street Journal)

Katie Roof / Wall Street Journal:
Vista Equity Partners takes majority stake in Wrike, a work management platform that says it has nearly a $100M run rate, source says at a valuation of ~$800M  —  Software company is said to be valued at nearly $800 million  —  Vista Equity Partners has taken a majority stake in Wrike Inc., a workplace management software startup.



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Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, an outlier in the software industry amid the AI boom (Mike Wheatley/SiliconANGLE)

Mike Wheatley / SiliconANGLE : Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, a...