Wednesday, July 27, 2022

Acronis, which offers enterprise cybersecurity and data protection tools, raised $250M at a $3.5B+ valuation, up from $2.5B in May 2021 after raising $250M (Bloomberg)

Bloomberg:
Acronis, which offers enterprise cybersecurity and data protection tools, raised $250M at a $3.5B+ valuation, up from $2.5B in May 2021 after raising $250M  —  Cybersecurity provider Acronis raised $250 million in new funding from institutional investors earlier this year to expand its business …



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Chinese optical transceiver maker Ligent jumps 19% in its Hong Kong debut, giving it a ~$4.6B market cap, after raising ~$727M, the latest Hong Kong AI IPO (Sangmi Cha/Bloomberg)

Sangmi Cha / Bloomberg : Chinese optical transceiver maker Ligent jumps 19% in its Hong Kong debut, giving it a ~$4.6B market cap, after ...