Factory Tripled to $5B in Five Months, and Its Closest Rival Is Marked Ten Times Higher
Factory raised $200 million at a $5 billion valuation, up from $1.5 billion in April. Blackstone, Khosla, Sequoia, Insight, Evantic, and Sound Ventures took part. Cognition, a direct rival, raised $2 billion at $48 billion earlier this month.