July 24, 2023, 7:20 p.m. |

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Vendor Cuts Valuation by $800M to Get Funding From Generation Investment Management
OneTrust hauled in $150 million a year after laying off 950 employees but had to slash its valuation by $800 million to seal the deal. The Atlanta-based company intends to use the proceeds to accelerate its growth and fulfill customer demand for trust intelligence software.

atlanta customer deal employees funding growth investment layoffs onetrust valuation vendor

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