Meltwater, The Media Monitoring Startup, Gets A $65M Investment From Verdane
Dec 18, 2023•about 2 years ago
Amount Raised
$65 Million
Description
Meltwater, which first made its name around media monitoring and then got active in business intelligence using AI and big data analytics techniques, is picking up a new investor. Verdane, a Norwegian private equity firm that earlier this year closed a $1 billion+ fund to make investments in scaling tech companies, is taking an 11% stake in Meltwater, at a company valuation of €542 million ($592 million), valuing the stake at around $65 million. But that’s not the only deal that is going down with this transaction.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech