Amagi Scores $100 Million In Venture Funding

NEW YORK CITY—Cloud-based SaaS technology provider Amagi, which offers solutions focused on broadcast and connected TV, today announced it has secured an investment of more than $100 million from a group of venture funds that have bought out the stake in company held by Emerald Media, the investment platform backed by KKR, and Mayfield India.

The venture fund investors include Accel, Avataar Ventures, Norwest Venture Partners, and existing investor Premji. Nadathur Holdings continues as an existing investor, the company said.

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