Browsing Tag
Sixth Street Growth
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Carrick investors can take an 11x return on Saviynt, but the firm is putting another $255m in
Carrick Capital has closed a $600 million continuation vehicle around Saviynt while committing $255 million of fresh capital to the identity-security company. The more revealing numbers are Saviynt’s growth from roughly $10 million to more than $300 million in ARR and the 11-times gross cash-out option offered to Carrick’s original investors.
Databricks hits $190bn valuation as Lakebase and AI agent strategy expand
Databricks has closed $5 billion of strategic financing at a $190 billion valuation after surpassing a $7 billion revenue run-rate. The financing strengthens its push into AI agents, databases and enterprise applications, but the valuation now assumes Databricks can turn exceptional growth into a much broader software platform without sacrificing its positive cash-flow profile.
Can Saviynt become the identity backbone of AI? $3bn valuation says yes
Saviynt raises $700M in KKR-led round, redefining AI identity security. Find out how its platform is powering the next wave of enterprise transformation.