Profitable company Amagi turns unicorn after $95 Mn round led by Accel
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Cloud-based media Saas technology company Amagi has scooped up $95 million in a new round led by existing investor Accel with participation from Norwest Venture Partners and Avataar Ventures. The company had raised $100 million from Accel, Avataar Ventures, Norwest Venture and Premji Invest in September last year. According to Amagi, the company has raised fresh funds at a valuation of more than $1 billion.