In today’s Cyndx Insights, Miro and Affinax land significant Series B funding. Find more opportunities in the digital collaboration and biotech sectors with Extra Insights, powered by Cyndx Finder.
Digital Collaboration Companies: Demand Means Deals
Stay-at-home guidelines make collaboration services a new necessity for businesses everywhere, and online whiteboard companies like Miro are seeing increased demand. Miro boasts 5 million users, continues to add employees internationally, and recently secured $50M in Series B funding.
Biotechnology’s Potential for Big Returns
Biotech meant big deals before COVID-19, and Affinax proved no different last week when it closed $120M in Series B. The Boston-based enterprise joins other vaccine developers like ImmBio, Ltd. in a sector known to net huge returns; the Cyndx platform returned valuation multiples for 80 public companies it deemed closely comparable.
Looking for investment targets in the digital collaboration or biotech sectors? Contact Cyndx for a free demo of our private company search tools.