Cognite Secures $150 Million Investment from TCV to Accelerate Digitalization of Global Industries

Cognite Secures 0 Million Investment from TCV to Accelerate Digitalization of Global Industries

OSLO, Norway & AUSTIN, Texas–(BUSINESS WIRE/AETOSWire)— Cognite, a global leader in industrial software innovation, announced today that it has signed an investment round of $150M with leading global growth equity firm TCV, valuing the company at $1.6B. This investment marks one of the largest funding rounds for a SaaS company in Europe and confirms industrial digitalization as a global megatrend. The new valuation round constitutes unicorn status for Cognite. “Cognite has had a remarkable growth journey since its founding in 2017, attracting top talent from across the globe, working feverishly to…