AI research startup Listen Labs scrubbed a $1.5B funding round for Salesforce talks
Listen Labs has abandoned a signed 1.5 billion dollar funding round with Menlo Ventures to pursue potential acquisition talks with Salesforce. The company is reportedly considering a sale that could value the AI startup at approximately 2 billion dollars. This shift reflects a move away from independent venture capital financing in favor of a direct exit through a major enterprise software provider.
Covered by 2 sources
- TTechCrunch AI↗Marina Temkin6d ago
- PPYMNTS.com↗6d ago