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The company raised $69 million of Series A venture funding in a deal led by IVP on October 21, 2015, putting the estimated pre-money valuation at $600 million. RRE Ventures, Camelot Financial Capital Management, iGlobe Partners, Core Innovation Capital, Bam Ventures, Liquid 2 Ventures and 19 individual investors also participated in the round. As part of this deal, SVB Financial Group provided a $33 million of revolving credit line facility to the company.
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