The round was led by Lightspeed Venture Partners, according to people familiar with the deal.
Category: lightspeed
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Led by Naveen Rao, the former head of AI at Databricks, the new hardware startup is valued at $4.5 billion.
In 2025 alone, Ramp has leapt from being worth $13 billion to $32 billion with new rounds every few months.
Snabbit has raised its third funding round in nine months.
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