Cloud security startup Netskope has raised $401 million in convertible debt, the company announced today. The deal was led by Morgan Stanley’s Tactical Value group and included Goldman Sachs Asset Management, the Ontario Teachers’ Pension Plan and CPP Investments. The startup last raised $300 million in November 2021 in a deal led by ICONIQ Capital, valuing it at $7.5 billion. Lenders have...
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Live from SF, It’s Tech Week
Hi, welcome to your Weekend.It was the boom-iest of times, it was the doom-iest of times. At least that’s how it feels right now in Dickensian San Francisco, where AI companies are setting up shop on every avenue, while fentanyl dealers are hanging out in every alley. I joke—but seriously, it’s wild out here. No fewer than 17 of the 35 startups listed on The Information’s new Generative AI...
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