NINJAONE DOUBLES VALUATION TO $12.3B IN $400M RAISE
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
IT management platform NinjaOne more than doubled its valuation to $12.3 billion in a secondary share sale, raising $400 million. The company's annualized recurring revenue has reached $600 million.
■ MORE FROM THE STARTUPS DESK
Corridor, an NYC-based AI health benefits broker for small businesses, secured $16 million in seed funding led by Bain Capital Ventures. The round follows a $9 million pre-seed.
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Unit1, a UK music tech startup, has secured £15m ($20m) in funding to recreate classic concerts using hyper-realistic digital avatars of living and deceased artists. The company aims to offer a lower-cost alternative to immersive shows like Abba Voyage.
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