Alation Inc. said Wednesday it closed a $123 million round of Series E financing that values the Redwood City, Calif., data management company at $1.7 billion. Thoma Bravo, Sanabil Investments and Costanoa Ventures led the round, with participation from new investor Databricks Ventures as well as existing and other investors such as Dell Technologies Capital DELL,
DE 40 forecast: the index trades sideways
The DE 40 stock index is trading near the upper boundary of its sideways channel. A breakout could extend the uptrend. The DE 40 forecast