Coatue and Viking Global Investors led a $170m funding in Valsoft.

Coatue, a technology-focused investment manager, and Viking Global Investors, a hedge fund, led a $170m funding in Valsoft, a company specializing in the acquisition and development of vertical market software businesses. “Valsoft’s impressive track record of acquiring companies and growing its portfolio demonstrates the significant opportunity to innovate in the vertical market software industry. Coatue is thrilled to help accelerate Valsoft’s remarkable growth and join the team on the next phase of their journey,” Aaron Weiner, Coatue Managing Director.