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Motive secures more than $1.3 billion to expand its AI platform and go-to-market teams

Motive announced more than $1.3 billion in growth financing from General Catalyst’s Customer Value Fund. The company said annual recurring revenue has passed $600 million, up 30% year over year, and plans to use the financing to accelerate AI product development and expand go-to-market activity across customer segments and geographies.