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Investors Take Dealer Software Maker Tekion's Value to $3.5 Billion

Tekion, innovator of the Automotive Retail Cloud™ (ARC), the first and fastest end-to-end cloud-native automotive SaaS platform, today announced a Series D financing round of $250 million, driving Tekion’s valuation to $3.5 billion. The funding round was led by Alkeon Capital and co-led by Durable Capital.
United States West Chester Deepak Ravichandran Ajay Vijayan Manish Mehrotra Henry Ellenbogen

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