Tag: valuation

Cloud communication platform MessageBird raises $200 million at a $3 billion valuation

MessageBird, a cloud communication platform spanning AI-powered contact center software and APIs for developers, has raised $200 million in a series C round of funding led by Spark Capital. The company has now raised a total of $300 million and is valued at $3 billion.

The Netherlands-based company is perhaps best known for its Twilio-like platform that enables app makers and enterprises to add messaging, voice, SMS, and email functionality to their products through an API (application programming interface). This spares them the resource-intensive task of developing communications infrastructure and makes it easier for companies like Uber to offer text- and voice-based communication features inside their apps.

Omnichannel

MessageBird has also been broadening its horizons. Back in March, the company launched Inbox, a cross-channel contact center platform touted as the “Slack for external communications.” Inbox allows companies to receive inbound customer service requests from messaging apps, SMS, voice, and email

Read More

MicroVision LiDAR Is Worth $2 Billion According To Valuation Of Velodyne And Luminar LiDAR By Ford, Baidu, Hyundai, Volvo (NASDAQ:MVIS)

For outsiders it is usually very difficult or even impossible to determine the value of a company. Especially when it is not based on sales or profits, as in the case of MicroVision (NASDAQ:MVIS), but on intellectual property (patents) and existing technology that will be used in future products. In the case of MicroVision, however, it is essential for shareholders to know the valuation, as the company or parts of it are currently up for sale. In other words, it is important to know the amount a buyer is likely to pay before the sale. The only thing that helps here is to compare the company’s products with those of its competitors. Once this has been done, the company’s valuation can then be derived from the valuations of comparable competing companies. This is what this article tries to do for MicroVision, initially only for the Automotive LiDAR division, i.e.

Read More

Dialpad raises $100 million at a $1.2 billion valuation as businesses embrace ‘work from anywhere’

Dialpad, a cloud-based communications platform for businesses, has raised $100 million at a $1.2 billion valuation. The series E round of funding was led by Omers Growth Equity, with participation from Alphabet’s GV, Andreessen Horowitz, Iconiq Capital, and Work-Bench.

San Francisco-based Dialpad touts itself as a “unified communications platform” incorporating voice, video, and messaging. Its core products include UberConference, the web conference tool upon which the company made its name initially; Dialpad Talk, a cross-platform business phone system; and an in-bound contact center platform that connects companies with their customers.

As with other platforms in the online communications sphere, Dialpad was in a strong position to capitalize on the rapid shift to what it calls a “work from anywhere” ethos brought on by the COVID-19 crisis, reporting record numbers in the first half of the year.

“While many companies struggled to modernize in response to these changes, Dialpad had its

Read More

5G in Automotive and Smart Transportation Market to Exceed a Market Valuation of US$ 9,500 Million by 2030, Says Future Market Insights in New Study

DUBAI, UAE / ACCESSWIRE / October 5, 2020 / In a recent market study by Future Market Insights (FMI) on the 5G in automotive and smart transportation market is expected to grow at a dexterous 26% CAGR throughout the estimated period, 2020-2030. Growing dependence on smart technology comprising IoT and 5G, into the transportation and automotive sectors is poised to confer lucrative revenue prospects to market players. As automotive producers leverage both the demand-side and supply-side advantages provided by the incorporation of 5G technology in automobiles, the market is slated for remarkable growth over the projected period.

However, production in the automotive sector plummeted, accordingly bringing down the automobiles sales, due to the COVID-19 pandemic. This posed a challenge for market growth, healthy growth is predicted with the relaxation of lockdown measures.

“Market players operating in the global market are focusing their efforts towards research & development exercises to discover

Read More

Gaming Giant Roblox Preparing To Go Public Early 2021, Eyes $8 Billion Valuation: Report

KEY POINTS

  • Roblox is currently valued at $4 billion
  • It raised $150 million in series G funding in February
  • Roblox has more than 100 million monthly active users 

Gaming platform Roblox is getting ready to go public on the U.S. stock market early next  year, a move which may double its current valuation of $4 billion, Reuters reported.

The gaming company is in talks with investment banks to gauge whether it should debut on the market through a conventional initial public offering (IPO) or a direct listing, the report quoted sources as saying on the condition of anonymity. The company declined to comment to Reuters.

In an IPO, shares are created, underwritten an sold to the public, while in a direct listing, outstanding shares are sold with no underwriters involved. This is a rare method, which does not dilute the ownership of existing stakeholders.

This week, software maker Asana (NYSE:

Read More

Roblox’s user-generated game platform could go public at $8 billion valuation

User-generated game platform Roblox has seen its users go through the roof in recent years, and the company is reportedly planning to go public early next year at a valuation that could hit $8 billion, according to a report in CNBC.

CNBC said Roblox is working with investment banks to prepare for going public on the U.S. stock market. The company most recently raised $150 million in venture funding from Andreessen Horowitz in a deal announced in February.

Roblox declined to comment on the CNBC report. But one source we contacted confirmed they believe the report is accurate.

The deal wouldn’t be surprising, as other game companies have turned to public markets in recent weeks. The game industry is one of the few sectors that is doing well in the pandemic. Game engine maker Unity raised $1.3 billion at a $13.6 billion valuation in an IPO on September 18, even

Read More

Snowflake Lower as Jefferies Initiates at Hold on Valuation

Snowflake  (SNOW) – Get Report shares fell after Jefferies analyst Brent Thill initiated coverage of the cloud-services company with a hold rating and $250 share-price target.

He likes the company but not its valuation — about 51 times his 2022 revenue estimate and 21 times his best-case 2023 estimate. 

The San Mateo, Calif., company’s stock stands “ahead of its fundamentals,” Thill wrote in a commentary, according to Bloomberg.

Snowflake recently traded at $244.80, down 2.5%. It has more than doubled from its Sept. 15 IPO price of $120.

In addition to his concern about valuation, Thill noted that Snowflake faces intense competition in its field.

As for his overall bullishness, Thill likes Snowflake’s management team. It has a “proven track record of building from a base (today an $81 billion addressable market) to much larger total addressable markets over time.”

Last week, Summit Insights analyst Srini Nandury began

Read More

At This Valuation, Intel’s IoT Segment Could Provide The Only Growth They Need (NASDAQ:INTC)

After my last article on 7nm’s inability to kill off “dinosaur” tech over the last 8 quarters, I wanted to extrapolate on some of the Taiwan Semiconductor Manufacturing Co. (TSM) revenue data in order to get a bigger picture view. This will be most pertinent for an investor looking to analyze the potential revenue trends for the chipmakers that are TSMC’s direct customers and/or their customers’ competitors, such as Intel (INTC), Advanced Micro Devices (AMD), Nvidia (NVDA), Broadcom (AVGO), Qualcomm (QCOM), Micron (MU) and others.

It will especially help in analyzing the potential in Intel’s Internet of Things Group (IOTG), and also provide some supplemental context on how much the 7nm delay is likely to influence Intel’s long-term profitability and revenue prospects in the segments which most rely on cutting edge technology nodes for semiconductors (like high performance computing) moving forward.

My last article showed the movements in TSMC’s revenue

Read More

Baidu’s smart home group seeks to raise capital at a $2.9 billion valuation

Baidu today announced that it will seek to raise financing for its Smart Living Business (SLG), the internal group that maintains Baidu’s DuerOS voice platform and DuerOS-powered smart devices. Baidu expects a series A funding round valuing SLG at approximately RMB 20 billion ($2.9 billion) to close in Q4 2020 with definitive agreements from CPE, Baidu Capital, and IDG Capital. Baidu will hold super-voting rights in SLG and will continue to consolidate SLG’s financial results as a majority shareholder.

The pandemic has supercharged voice platform usage, which was already on an upswing. According to a study by NPR and Edison Research, the percentage of voice-enabled device owners who use commands at least once a day rose between the beginning of 2020 and the start of April. Just over a third of smart speaker owners say they listen to more music, entertainment, and news from their devices than they did before,

Read More

First Complimentary Stock Valuation Calculator Focusing on South East Asia Region Has Been Launched

Developed by a Southeast Asia-focused M&A Firm and CPA

Global Partners Consulting Pte. Ltd. (“GPC”) (Head office: Singapore, Managing Director: Zenta Nishida) and its subsidiary GPC Gateway Pte. Ltd. launched on September 29, 2020, a complimentary stock valuation calculator specialized for Southeast Asian companies.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200928005800/en/

Valuation Report

Free diagnostic tool that provides result in just 5 minutes

Traditionally, the stock valuation process has been complex and expensive for unlisted companies and small and medium-sized enterprises (SMEs), as it requires specialized financial skills and knowledge.
In particular, for Southeast Asian cross-border M&A, for which demand has been increasing in recent years, there have been challenges to obtain proper date for the stock valuation and perform the valuation using several assumptions which were determined on the professional judgement.
In response to this, we have launched a free online diagnostic tool that can

Read More