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Cloudera, Hortonworks Plan To Merge As $5.2B Cloud Data Platform

Xconomy

Palo Alto, CA-based Cloudera (NYSE: CLDR ) and Santa Clara, CA-based Hortonworks (NASDAQ: HDP ) said they expect the merger to close during the first quarter of 2019 if it passes an antitrust review. The goal of the combined entity is to provide a leading data platform. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech

TechCrunch LA

Clio last raised in September of 2019 when it brought in $250 million in a Series D financing. Newton was tight-lipped about the company’s financials, saying only that since its 2019 raise, the company has seen “explosive” growth. In 2018, Clio made its first acquisition with its buy of Lexicata, a Los Angeles-based legal tech startup.

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