Cloud analytics firm Sigma valued at $1.5 bln in new funding round [Yahoo! Finance]
DoorDash, Inc. (DASH)
Company Research
Source: Yahoo! Finance
WHY IT'S IMPORTANT Companies are racing to adopt and expand generative artificial intelligence, sparking interest in cloud computing platforms that help process and store the vast amount of data used by genAI technology. Startups that address the growing needs of AI-supporting applications have emerged as a bright spot in the otherwise lackluster private funding market. CONTEXT Sigma was founded in 2014 and started as a tool for analysts who work with spreadsheets and needed real-time data. Its customers range from delivery firm DoorDash to asset manager Blackstone. BY THE NUMBERS The company said the Series D funding has been raised at a valuation 60% higher than its previous funding round three years ago when it had raised $300 million. (Reporting by Arsheeya Bajwa in Bengaluru; Editing by Arun Koyyur)
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DASH
News
- Amex Platinum vs. Chase Sapphire Reserve: Elite travel cards with competing perks [Yahoo! Finance]Yahoo! Finance
- DoorDash (DASH) Down 3.3% Since Last Earnings Report: Can It Rebound? [Yahoo! Finance]Yahoo! Finance
- UNLIMEAT Kimbap Products Now Available via DoorDash's DashMart [Yahoo! Finance]Yahoo! Finance
- Sift Announces RiskWatch to Simplify Fraud Decisioning and Catalyze Business Growth [Yahoo! Finance]Yahoo! Finance
- Amazon gets FAA approval to expand US drone deliveries [TechCrunch]TechCrunch
DASH
Earnings
- 5/1/24 - Beat
DASH
Sec Filings
- 5/30/24 - Form 144
- 5/28/24 - Form 4
- 5/23/24 - Form 144
- DASH's page on the SEC website