Friday, August 14, 2020

Boston-based Duck Creek Technologies, a software provider for insurers, climbs 48% in trading debut after raising $405M in IPO, valuing the company at $5.2B (Crystal Tse/Bloomberg)

Crystal Tse / Bloomberg:
Boston-based Duck Creek Technologies, a software provider for insurers, climbs 48% in trading debut after raising $405M in IPO, valuing the company at $5.2B  —  Duck Creek Technologies Inc., a software provider for insurers, climbed 48% in its trading debut after raising $405 million …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

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