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The family office for Mark Zuckerberg and Jack Dorsey backs French rival to Microsoft Excel - TL;DR CNBC

The family office for Mark Zuckerberg and Jack Dorsey backs French rival to Microsoft Excel

Publishing timestamp: 2023-06-08 11:05:53


Summary

French business planning software startup Pigment raised $88 million in funding led by ICONIQ, with plans to expand in the U.S. and artificial intelligence. The company's user base and revenues have grown significantly, positioning it to compete with giants like Microsoft. Pigment also plans to invest in AI products and grow sustainably.


Sentiment: POSITIVE

Tickers: MSFT

Keywords: internetbreaking news: technologyventure capitaljack dorseymicrosoft corpmark zuckerbergtechnologyunited statesbusiness news

Source: https://www.cnbc.com/2023/06/08/mark-zuckerbergs-family-office-iconiq-leads-investment-in-pigment.html


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