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Crestline Leads $100mn Actifio Financing Round

Crestline Investors has led a $100 million financing round in Actifio, an enterprise Data as a Service company. North Bridge Venture Partners, 83North, Advanced Technology Ventures, Heritage Group, Andreessen Horowitz, and others joined the round. The investment brings Actifio's valuation to more than $1.3 billion.  Will Palmer, Managing Director at Crestline Investors, said, "Under the leadership of industry veteran Ash Ashutosh, Actifio is well positioned for continued success as the pioneer and innovator in the DaaS market. We have been impressed with the broad capabilities of Actifio's software and the immense value proposition it delivers to its customer base across multiple vital use cases. We look...