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Cognite Secures $150 Million Investment From Tcv To Accelerate Digitalization Of Global Industries

May 19, 2021over 4 years ago

Amount Raised

$150 Million

Oslo

Description

Cognite, a global leader in industrial software innovation, announced today that it has signed an investment round of $150M with leading global growth equity firm TCV, valuing the company at $1.6B. This investment marks one of the largest funding rounds for a SaaS company in Europe and confirms industrial digitalization as a global megatrend. The new valuation round constitutes unicorn status for Cognite.

Company Information

Company

Cognite

Location

Oslo, Oslo, Norway

About

We believe success knows no silos. Cognite breaks your data free from disparate systems, so you can harness its power for your industry.

Funding Insights

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