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Stock impact report

Foundation Capital, an early backer of Solana and Cerebras, raises $600M fund [TechCrunch]

CyberArk Software Ltd. - Ordinary Shares (CYBR) 
Last cyberark software ltd. - ordinary shares earnings: 2/12 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.cyberark.com
Company Research Source: TechCrunch
On Tuesday, the 30-year-old firm announced that it raised a $600 million eleventh flagship fund, which is 20% larger than the predecessor $500 million fund it closed about three years ago. Foundation credits its revival with sticking to its knitting: seed-stage investing. “Most firms that have been around for 30 years have typically gone multi-stage, multi-geography, multi-strategy. We instead have stayed very focused on the early stage,” general partner Steve Vassallo told TechCrunch. Foundation is the first institutional investor in over 70% of its portfolio companies. “We look for what I call ‘$0 billion' markets in enterprise, AI, fintech and crypto,” Vassallo said. “These are markets that don't even exist until founders will them into being.” He explained that wh Read more
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