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Gensys draws $21 billion valuation as Salesforce venture unit leads investment round

Genesys said Monday it raised $580 million in funding in a deal that values the California-based cloud specialist in customer experience at $21 billion. Salesforce.com Inc.'s venture unit, Salesforce Ventures led the oversubscribed financing round, with participation from ServiceNow Ventures; Zoom Video Communications ; funds and accounts managed by BlackRock , D1 Capital Partners and others. Genesys CEO Tony Bates led the deal for the company. Read More...

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3 Artificial Intelligence Stocks Leading the New Wave

The savvy investor keeps their eyes forward, toward the horizon. Right now, the sea of tech is the one to watch, and the ships coming into view are flying AI’s flag. This is not a new development, it’s been on course for several years – but as an investment sector, it’s heating up. AI is the tech that will power our digital systems for years to come, everything from our smartphones to our cars to Elon Musk’s Mars rockets. AI isn’t just one technology, rather, it’s a range of techs – and approach

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