Announced
Completed
Financials
Sources
Tags
Domestic
Acquisition
Friendly
Minority
Venture Capital
computer software
United States
Private Equity
Private
artificial intelligence
Software
Completed
Single Bidder
Synopsis
Private equity firms Insight Partners and Venrock led a $150m funding round in Rebellion Defense, a software company. Additional investors innovation Endeavors, Declaration Partners and Lupa Systems. The round reflects a new mindset among venture capitalists, who long avoided defense startups, due to both philosophical disagreements and a general resistance to companies that are reliant on government procurement processes.
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