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Business management software firm HoneyBook raises $250m, doubles valuation
Israeli-established small business administration software program company HoneyBook declared Wednesday that it lifted $250 million in a Sequence E round, six months soon after raising a $155 million expense and getting to be a tech unicorn, a personal corporation valued at more than $1 billion. The latest funding round values HoneyBook at above $2 billion. The investment was led by Tiger World wide Administration with participation from Tough Cash Partners LP, Norwest Undertaking Partners, Citi Ventures, and OurCrowd, the organization claimed in a statement. HoneyBook was established eight many years ago in San Francisco by Israeli partner-and-spouse group Oz Alon and Naama Alon, alongside Dror Shimoni. The corporation developed an…
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Home from home: Mercedes-Benz doubles down on China
Mercedes-Benz to unveil new China tech centre this month Germany automaker building China a ‘home away from home’ Foreign automakers below stress from Chinese startups Mercedes-Benz moves all its designers in China to Shanghai BEIJING/SHANGHAI, Oct 11 (Reuters) – Mercedes-Benz, the German corporation established by the inventors of the motor motor vehicle, is pouring additional resources into its slicing-edge analysis and design capabilities in China as the centre of gravity of the new vehicle environment shifts eastwards. In a generate to produce a “dwelling absent from house”, Mercedes-Benz is doubling down on bases in Beijing and Shanghai to continue to be forward of rules and shopper developments in a motor…