The company raised $48 million through a combination of debt and Series D venture funding from Accel, DB1 Ventures and Ericsson Ventures on January 31, 2018, putting the company's pre-money valuation at $210 million. The funds will be used to push growth in its data services business. Alphabet, Deutsche B?rse, Columbia Pacific, New York Life, Cathay Innovation, Greylock Partners, Ignition Partners, Ridge Ventures and other undisclosed investors also participated in the round. The funds will be used to expand globally as well as add more firepower to the company's platform.
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