M&A activity heats up with Wiz, Graphcore, etc.

Quick Summary:

It just raised a $40 million Series B from ICONIQ Growth just four months after announcing a $25 million venture round.

Shortly after Google parent Alphabet reportedly abandoned its ambitions to purchase online marketing software company HubSpot, the tech giant decided to pursue another big acquisition.

After buying two other companies this year, this week it scooped up Hofy, a startup that delivers and manages equipment for remote office workers.

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Article Details

Author / Journalist: Marina Temkin

Category: StartupsBusiness

Markets: United StatesBrazilIndiaJapan

Topics: Google Startups Weekly Startup Deel Startups Softbank

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 19:05:00 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1408 words

Reading Time: 8 minutes read

Sentences: 74 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 21686739

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Official Website: techcrunch.com

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