Intel and Alibaba-backed database software producer MariaDB agreed a $672m reverse merger while predictive analytics provider Pecan AI was one of three GV investments.
Funding
Pecan AI, a US-based provider of artificial intelligence-equipped predictive analytics for use in business intelligence, secured $66m in series C funding yesterday from investors including GV and Dell Technologies Capital, which took part on behalf of internet and technology group Alphabet and computing technology producer Dell. Growth equity firm Insight Partners led the round, which was also backed by S-Capital, GGV Capital, Mindset Ventures and Vintage Investment Partners.
GV also invested an undisclosed amount in US-headquartered cybersecurity technology provider…
