logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Appen Hangs Up The For-Sale Sign, Raises $30M

Nov 21, 2023about 2 years ago

Amount Raised

$30 Million

BellvueIT Services and IT Consulting

Description

The board of Appen is considering selling the troubled data services business after a 30 per cent drop in revenue, triggering more cost-cutting and a $30 million equity raising.

Company Information

Company

Appen

Location

Bellvue, Washington, United States

About

We are the leading data partner for industry leaders worldwide, leveraging our expertise to enable the launch of world-class artificial intelligence systems. Connect with us to stay updated on AI advancements, industry news, and career opportunities. Please be aware that Appen recruiters will only reach out to you via official channels (e.g., directly from @appen.com email addresses, or through our recruiters who are noted as such on LinkedIn). If you have suspicions about an interaction, ask for official email communications from an @appen.com. We will never ask you to send money to apply or start a job with us. We will also never send a check in advance. We will never ask you to send personal identifiable information outside of our secure job site, Appen Connect. All job applications should be submitted through our Jobs page to the applicable site.

Related People

4 contacts

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech