Kobalt to double in size (again)
Over the past three years, Kobalt has doubled its revenues, from $118m in 2012 to $245m in 2015. Its FY15/16 quarter run-rate of $90m in revenue shows it’s on its way to achieving a target of doubling revenues again. In 2015, Kobalt secured $60m from key investors to further invest in its technology platform and three new global businesses that are scaling beyond business plan (AMRA, AWAL, Neighbouring Rights). Kobalt’s Neighbouring Rights division has ...
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