Cobalt Software Inc., a portfolio monitoring solutions provider, was acquired by FactSet, a provider of financial information and analytical applications. The acquisition was decided to advance Factset’s strategy to scale its data and workflow solutions completed using targeted investments in a multi-year investment plan and expanding its private markets offering.
Carta Raises $500mn Using CartaX Platform
Carta, a cloud platform that connects the ownership network to increase transparency and liquidity between shareholders, has announced that they have raised a $500M Series G, which now values the company at $7.4B in a round led by Silver Lake. Carta was valued at $3.1 billion in the previous year.