Salesforce Ventures and Zoom are each buying $75m of shares in a private placement alongside the work management platform developer's flotation.

Enterprise software provider Salesforce and video conferencing platform developer Zoom are providing $150m for Israel-based work management software producer Monday.com alongside the latter’s $574m initial public offering. The company is issuing 3.7 million shares on the Nasdaq Global Select Market today priced at $155 each, significantly above the IPO’s $125 to $140 initial price range.…

The rest of this content is only accessible to Corporate Venturing: News, Data, and Events - Global Corporate Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.