We spoke to some of the investors getting richer off of Google Cloud’s $2.6 billion acquisition of data analytics company Looker

📆 6/6/2019 10:10 PM
📰 BusinessInsider

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The data analytics company Looker was most recently valued at $1.6 billion in December when it closed $103 million in Series E funding.

in August 2013 with $15 million in funding. The round came with a pre-money valuation of $64 million. It's reasonable to assume that with such a hefty stake early on, Redpoint stands to make a tidy profit from its investment once the deal closes later this year.

Redpoint also participated in Looker's $30 million Series B in 2015, which Meritech Capital Partners led. The round was tied to a pre-money valuation of $150 million,"In the crowded analytics space Looker stood out for its product architecture , its extreme level of customer passion , and its strong and unique company culture.

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Google plans to acquire big-data company Looker for $2.6 billionAlphabet Inc.'s announced Thursday that it plans to acquire acquiring Looker, a business-intelligence and data-analytics company, for $2.6 billion in cash....
Source: MarketWatch - 🏆 3. / 97 Read more »