Kajabi Collects Massive $550M Round - socaltech.com
socaltech.com Irvine-based e-commerce software developer Kajabi said this morning that it has raised a massive, $550M funding round, which values the company at over $2 billion. The company said the round was led by Tiger Global Management and included TPG, Tidemark, Owl Rock Capital and Meritech Capital, along with existing investor Spectrum Equity. The investment round firmly vaunts the company into unicorn territory. Kajabi says it is profitable, and will use the funding to scale its team and build out its products, expand internationally, and explore strategic mergers and acquisitions. S...
Source: socaltech.com