Listen Labs abandons $150 million Series C round amid Salesforce acquisition talks

AI startup Listen Labs has reportedly abandoned a $125 million Series C funding round at a $1.5 billion valuation, led by Menlo Ventures, to pursue acquisition negotiations with Salesforce. Salesforce is reportedly discussing a $2 billion purchase of the company, which specializes in AI-automated customer interviews. If the deal fails, the company is expected to return to the venture capital market with a higher valuation target.