AI-powered transcription startup Verbit raises $157M

Verbit AI

Verbit today announced the close of a $157 million series D round that the company says will bolster its product R&D and hiring efforts. CEO Tom Livne, who noted that the raise brings the company’s post-money valuation to more than $1 billion, said that the capital will also support the company’s geographic expansion as it prepares for an initial public offering.

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AI cybersecurity provider SentinelOne files for $100M IPO

SentinelOne

SentinelOne, a late-stage security startup that helps organizations secure their data using AI and machine learning, has filed for an IPO on the New York Stock Exchange (NYSE).

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