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Globality Raises $47 Million to Accelerate Growth of Its Industry-Leading AI-Powered Autonomous Sourcing Software

www.businesswire.com 22-10-2024 12:00 0.5 Minutes reading
PALO ALTO, Calif.--(BUSINESS WIRE)--Globality, the market leader in AI-driven sourcing and procurement, announced today that it raised $47 million in a Series D-1 and Series D-2 preferred stock offering. The offering was supported by the company’s existing preferred shareholders and new investors, including Rollins Capital, and brings the total capital raised by Globality to $356 million. Founded almost ten years ago as a native AI company to revolutionize how large enterprises manage spend, so

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