Motive Technologies has a new $200M Series F round

Motive Technologies has just authorized a new Series F preferred stock which could increase the valuation to $2.05 billion if all Series F shares are issued. The electronic logbook company is previously backed by G2 Venture Partners, BlackRock, Scale Venture Partners, Institutional Venture Partners, Greenoaks and Index Ventures to name a few. The most recent Series F round follows $100 million raised for Series E. The terms surrounding the Series F include pari passu liquidation preference with all other preferred, and conventional convertible meaning they will not participate with common stock if there are remaining proceeds. The most recent price per share is $7.80, an up round from Series E at $7.20051.
 
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