After dry spell, Boston has a new unicorn

After dry spell, Boston has a new unicorn

Boston finally has a new unicorn after a nearly three-month dry spell for companies crossing the $1 billion valuation mark.

Wasabi Technologies Inc. has become Boston’s latest unicorn after raising $125 million in a Series D round led by L2 Point Management. The Boston-based company also announced the expansion of its debt facility with MGG Investment Group by $125 million. Wasabi said the $250 million in new funding puts its valuation over $1.1 billion. Read more >>

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