Topic: annual recurring revenue arr

  • Glean AI Startup Hits $7.2B Valuation in Latest Funding

    Glean AI Startup Hits $7.2B Valuation in Latest Funding

    Glean's valuation surged to $7.2 billion after raising $150 million in a Series F round led by Wellington Management, continuing its rapid growth. The company's AI-powered platform helps businesses streamline internal knowledge retrieval using natural language queries across tools like Salesforce...

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  • McKinsey: Europe's Software Sector Hits Critical Turning Point

    McKinsey: Europe's Software Sector Hits Critical Turning Point

    Europe has over 280 software firms with €100M+ in annual revenue but takes 15 years to scale—five years slower than US firms, hindered by market fragmentation and funding gaps. Fewer than 3% of European software firms reach €1B revenue, but the region has strong talent, networks, and investment p...

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