Singapore-based technology company Grab is set to finalise its listing in New York, according to The Financial Times. The group’s listing will take place with one of Altimeter Capital’s two Altimer Growth special purpose acquisition companies (SPAC), the fund Altimeter Growth 1, as soon as this week. SPACs are blank …
Read More »Social gaming platform Rec Room raises $100M at $1.25B valuation
The power of data in gaming’s red-hot market Learn how to seize the power of data to attract and keep players, create personalized gaming experiences, and cash in on the industry’s seismic growth. Register Now Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more. …
Read More »Mobile monetization firm IronSource will go public through SPAC at $11.1 billion valuation
The power of data in gaming’s red-hot market Learn how to seize the power of data to attract and keep players, create personalized gaming experiences, and cash in on the industry’s seismic growth. Register Now Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more. …
Read More »Hello Neighbor indie publisher TinyBuild goes public with $474M valuation
GamesBeat Summit 2021 #GBSummit returns with two days of content and networking designed for industry executives. Hosted Online April 28-29, 2021 Register Now Indie games publisher TinyBuild, known for its Hello Neighbor games, went public on the London Stock Exchange’s AIM market, with a valuation of $ 474 million. The …
Read More »CockroachDB creator Cockroach Labs raises $160 million at a $2 billion valuation
Transform 2021 Join us for the world’s leading event about accelerating enterprise transformation with AI and Data, for enterprise technology decision-makers, presented by the #1 publisher in AI and Data Learn More Cockroach Labs, the software company best known for the open source, cloud-native distributed SQL database CockroachDB, has raised $ …
Read More »Roblox raises $520 million at $29.5 billion valuation, will go public through direct listing
User-generated game platform Roblox has raised $ 520 million in a new round of funding, and it will still go public through a direct listing where the company’s existing shareholders directly sell shares to investors. The private funding deal values Roblox at $ 29.5 billion. The direct listing offering, or DPO, …
Read More »Roblox’s user-generated game platform could go public at $8 billion valuation
You can’t solo security COVID-19 game security report Learn the latest attack trends in gaming Access here 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 …
Read More »Baidu’s smart home group seeks to raise capital at a $2.9 billion valuation
Automation and Jobs Read our latest special issue. Open Now 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 …
Read More »Playco raises $100 million at $1 billion valuation for instant games across platforms
GamesBeat Summit Watch every session from the annual event On Demand Watch Now Meet one of gaming’s newest unicorns. Playco has raised $ 100 million at a $ 1 billion valuation for instant games across a wide variety of platforms. That’s a lofty valuation for a company making a web …
Read More »