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New Deal


Announced

Completed

Coatue and Andreessen Horowitz led a $100m Series C funding round in Tackle.io.

Financials

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Transaction Value£75m
Consideration TypeCash
Capital Owned-
Capital Bid For8%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Venture Capital

Friendly

Domestic

Private

Software

cloud marketplaces

software

United States

Private Equity

Minority

Acquisition

Synopsis

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Investment firms Coatue and Andreessen Horowitz led a $100m Series C funding round in Tackle.io, a software company dedicated to helping software providers generate revenue through the clouds. Bessemer Venture Partners also participated. "This has been a tremendous year for Tackle, as we've tripled the size of our team and more than doubled our customer count. Our customers today are primarily hypergrowth startups and we are excited to leverage this investment to broaden our platform in support of startups looking to build a Marketplace-native go-to-market as well as enterprises that are retrofitting their product portfolios to align to the cloud buyer. Tackle's mission is to provide a global enterprise grade platform focused on bringing a Marketplace Cloud GTM to the masses," John Jahnke, Tackle CEO.

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