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General Atlantic invests in SaaS unicorn Amagi, Pumps in $79 Mn

Shortpedia

Content Team
Image Credit: inc42

Media-focused SaaS startup Amagi has raised $79 Mn in funding from private equity (PE) firm General Atlantic. The deal will also see the PE major acquire stakes worth $26.6 Mn from existing investors, pegging the entire transaction at $105 Mn. Amagi will use the funding to undertake corporate restructuring activities to finance the growth and expansion.