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Magnitude Software Receives $100 Million Growth Funds

Friday, September 26, 2014 5:45:00 AM PDT | VentureDeal
   Austin, Texas  --  Magnitude Software has secured $100 million in growth stage investment.

Magnitude provides what it calls Enterprise Information Management software, "from business intelligence and data warehousing to master data management, reporting and analytics."

The Audax Group led the round, which included other undisclosed investors.

Magnitude said it would use the funding to continue product innovation, organic growth efforts and potentially make strategic acquisitions.

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