Amagi, a media-based SaaS company, recently raised $95M in a round led by Accel, with participation from Norwest Venture Partners and Avataar Ventures. Amagi has now raised $245 million in total. With the addition of this latest funding, the company is now valued at over $1B. Amagi intends to utilize the capital to quadruple its U.S. sales team and grow its research and development department in India.
Amagi Raises $95M Funding at Unicorn Valuation