Wednesday, August 12, 2020

Blend, which develops a SaaS platform for lenders, raises $75M Series F led by Canapi Ventures at a valuation of ~$1.7B, up more than 70% from a year earlier (CNBC)

CNBC:
Blend, which develops a SaaS platform for lenders, raises $75M Series F led by Canapi Ventures at a valuation of ~$1.7B, up more than 70% from a year earlier  —  - Digital lending start-up Blend raised $75 million in fresh funding at a valuation of almost $1.7 billion, a jump of more than 70% …



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Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40% of US data-center capacity is located in tornado-prone areas (Jean Eaglesham/Wall Street Journal)

Jean Eaglesham / Wall Street Journal : Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40%...