Illumination
Illumination Raises $5B in Private
Quick Facts
Illumination Raises $5B in Private
Illumination has successfully raised $5B in a Private at a $7B valuation led by Private.
Company Overview
Illumination is a Entertainment company headquartered in 100 Universal City Plaza, Universal City, CA 91608, founded in 2007 with 75+ employees.
Animation studio
Fundraising Details
- Amount Raised: $5B
- Round Type: Private
- Valuation: $7B
- Date: 2024-01-01
- Investors: Private
About Illumination
Animation studio The company is positioned in the Entertainment sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 100 Universal City Plaza, Universal City, CA 91608
- Founded: 2007
- Team Size: 75+
- Industry: Entertainment
What This Means
This funding round demonstrates strong investor confidence in Illumination's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Entertainment sector continues to attract significant investment as companies innovate to meet evolving market demands. Illumination's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $7B valuation marks an important milestone for Illumination, positioning the company among notable players in the Entertainment industry.
Looking Ahead
With this new capital, Illumination is well-positioned to execute on its growth strategy and continue building innovative solutions in the Entertainment space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2024-01-01. For more information about Illumination, visit their headquarters at 100 Universal City Plaza, Universal City, CA 91608.
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