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TCV, Blackstone Back Startup Pennylane at $4.25 Billion Value

Pennylane, a French startup that sells accounting software, has raised €175 million ($204 million) in a funding round led by growth equity investor TCV. Blackstone Inc. is also participating in the round, alongside existing investors Sequoia Capital, DST Global, CapitalG and Meritech, Pennylane said in a statement on Tuesday....

Read more at bloomberg.com

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