Celonis Secures Another $1B to Find and Fix Process Problems in Enterprise Systems

Lest there be any doubt some startups are riding high even amid the macroeconomic uncertainty, process mining software vendor Celonis today announced that it secured a whopping $1 billion in additional capital at a $13 billion post-money valuation, a mix of equity ($400 million) and debt (a five-year $600 million credit line). Technically an extension of Celonis’ Series D, the infusion brings the late-stage startup’s total capital raised to $2.4 billion.

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