Actifio Packs On $100 Million
The round valued the data-as-a-service company at more than $1.3 billion
Actifio Inc. said it was valued at more than $1.3 billion in its latest funding round, which comes three years after the data-as-a-service company first joined the ranks of the world’s most highly valued companies.
Based in Waltham, Mass., Actifio was valued at $1.1 billion in a 2014 funding round. Tiger Global Management led that round.
The new round, which raised $100 million, was led by Crestline Investors. Other investors in the round included 83North, Advanced Technology Ventures, Andreessen Horowitz, Heritage Group and North Bridge Venture Partners.