Legion Technologies Secures $50M from Silicon Valley Bank to Fuel Continued Innovation in AI-Powered Workforce Management
First Citizens BancShares, Inc. - Class A (FCNCA)
US:NASDAQ Investor Relations:
firstcitizens.com/about/who-we-are/annual-report
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Source: Business Wire
The additional capital rounds out a $100 million raise in 2024, more than doubling Legion’s total funding SANTA CLARA, Calif.--(BUSINESS WIRE)--Legion Technologies, an innovator in workforce management (WFM), today announced it has received $50 million in financing from Silicon Valley Bank (SVB), a division of First Citizens Bank. The raise, which brings Legion’s total funding to $195 million, follows a $50 million growth round led by Riverwood Capital earlier this year.“From the beginning, Legion has been on a mission to improve hourly jobs and the capital we’ve received from investors this year demonstrates the enduring value of that mission,” said Sanish Mondkar, founder and CEO of Legion Technologies. “Our tremendous growth stems from the accelerating need for effective workforce management solutions, and this latest financing from SVB further proves that Legion’s intelligently automated, employee-centric platform is the best choice for today’s hourly employees.”The financing c
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- 10/24/24 - Miss
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- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 4
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