Symphony, a messaging platform for Wall Street firms, has been valued at $1.4 billion.
to BlackRock. The company, whose origin can be traced to an internal messaging program developed by Goldman, has raised a total of $460 million.
The latest round was oversubscribed, the CEO said. He turned down an offer of $200 million at a $2 billion valuation from a single investor because he considered the terms onerous, according to Gurle.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street treads water after recent rallyU.S. stocks ended near flat and the Dow snapped a six-day winning streak on Tues...
Read more »
Future Looks Bright in Streaming Age, Say Wall Street Experts at AIMP Indie Music Publishing SummitMusic publishing valuations are back at a ten-year high, currently ranging from 14-20 times the net publisher’s share (i.e., gross profit) -- and with streaming’s growth, the next five years looks bright. That’s the assessment of a group of Wall Street players, speaking in New York City today at a panel on catalog valuations at the indie music publishing summit hosted by the Association of Independent Music Publishers.
Read more »
Cybersecurity Firm CrowdStrike Soars in Wall Street DebutThe cybersecurity specialist’s shares leapt more than 80% above their IPO price in their Wall Street debut, valuing the company above $12 billion.
Read more »
BlackRock Thinks China Can Weather Tariffs On EverythingWall Street wants more stimulus from China in the event of a full-blown trade war.
Read more »
BlackRock Thinks China Can Weather Tariffs On EverythingWall Street wants more stimulus from China in the event of a full-blown trade war.
Read more »
BlackRock Thinks China Can Weather Tariffs On EverythingThe BlackRock Investment Institute, the think tank of one of the largest asset managers in the world, thinks China can weather tariffs on everything
Read more »