Mr. Chatterjee will play a key role in bringing LiquidityBook’s industry-leading POEMS (portfolio, order, and execution management system) to a greater number of market participants. New York, June 03, 2021 (GLOBE NEWSWIRE) LiquidityBook, a leading Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, today announced the hire of Sayant Chatterjee as Chief Operating Officer. In his role, he will drive strategic alignment across all departments and help execute pl
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Celonis has raised $1 billion from investors led by Durable Capital Partners and T. Rowe Price, valuing the maker of process mining software at $11 billion, ahead of any other private tech startups in its headquarters locations of Germany and New York.
German based software company Celonis has raised $1 billion from investors to give the company a post-fundraising valuation of more than $11 billion, extending a record-stretching series of mega funding rounds by German technology startups. Munich-based Celonis, founded a decade ago, has consistently doubled revenue from year to year and recently launched its Execution Management System product that crunches data to tackle problems and automate decision making. On top of the Series D venture round, a record for a German technology startup, Celonis said it was hiring veteran Wall Street analyst and Google executive Carlos Kirjner to become its chief financial officer.
Douglas Busvine
4 minute read
German based software company Celonis has raised $1 billion from investors to give the company a post-fundraising valuation of more than $11 billion, extending a record-stretching series of mega funding rounds by German technology startups.
Munich-based Celonis, founded a decade ago, has consistently doubled revenue from year to year and recently launched its Execution Management System product that crunches data to tackle problems and automate decision making.
The Celonis fundraising raise follows recent bumper rounds by online stockbroker Trade Republic, online insurer Wefox, and another Munich startup FlixMobility, which on Wednesday said it had raised $650 million.
On top of the Series D venture round, a record for a German technology startup, Celonis said it was hiring veteran Wall Street analyst and Google (GOOGL.O) executive Carlos Kirjner to become its chief financial officer.