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

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.

Related Keywords

Ohio , United States , West Chester , Deepak Ravichandran , Ajay Vijayan , Manish Mehrotra , Henry Ellenbogen , Customer Experience Center , Automotive Support Center , Investors Take Dealer Software Maker Tekion Value , Hyundai Motor Company , Advent International , Hyundai , Investors Take Dealer Software Maker Tekion , Automotive Retail Cloud , Alkeon Capital , Index Ventures , Product Innovation Hubs , General Partner , Chief Investment Officer , Durable Capital Partners , Executive Director , Digital Business Planning , Connected Operations , Hyundai Motor , Retail Cloud , Dealer Management System , Machine Learning , ,