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Actifio raises $100M in funding round

Actifio Inc., an enterprise data-as-a-service software provider, raised $100 million in a funding round led by Crestline Investors Inc.

The transaction also includes participation from existing investors such as private equity firms North Bridge Venture Partners, 83 North, Advanced Technology Ventures, Heritage Group LLC and Andreessen Horowitz.

The latest infusion brings Actifio's valuation to more than $1.3 billion.

The company delivers multicloud data management software services to over 3,000 enterprises worldwide.