Company
Israeli technology publication that reported the acquisition on August 17 and estimated the price near $65 million and the raise at $13.5 million.
OpenWeb's trustee asked a Tel Aviv court on October 13 to halt lender collections after about $9.6 million of a roughly $20 million debt was collected. Publisher partners are among those OpenWeb struggled to pay, according to CTech, so the ruling bears on what they are owed.
Reality
Kiteworks' eighth acquisition in under five years puts policy decisions inline on email, file shares and agent traffic. The price is undisclosed, and CTech estimates tens of millions for a startup 15 months out of stealth.
Reality
The Series C values the company at $3.8bn, double its January mark. The only number a buyer can act on is the refresh rate. A 30-second cadence only pays for itself if someone is on the other end of the diff.
Reality
The cyber insurtech sold for about 43% of its 2021 valuation, roughly two times gross written premiums. SMB policyholders now wait until 2027 to land inside a reinsurer's specialty unit.
Reality
The integrated product shipped on July 7 and CTech later put the price near $65 million, unconfirmed by either company. The method matters more than the number.
Reality