$1.8 Billion Says the Marketer’s Job Is Changing
Count how long it took Profound to double its own price tag. Seven months. The company announced on September 15 that it raised a $180 million Series D at a $1.8 billion valuation, co-led by Sequoia Capital and Kleiner Perkins, with Lightspeed, Khosla Ventures and existing backers joining in. Its previous round, a $96 million…
Read MoreAdobe Is Buying Its AI Stack, Not Building
Count the days between Adobe promising an AI coworker and Adobe buying one. It comes to 135. On April 20 at Summit, Adobe unveiled CX Enterprise Coworker, a system that takes a business objective and turns it into multi-step action, and said it would be generally available in the coming months. On September 2, it…
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