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Buoyed by surging market demand for Amagi s cloud solutions, Accel leads the financing round along with Norwest Venture Partners and Avataar Ventures ....
With a $95 million fundraise led by Accel, Amagi, a cloud SaaS technology provider for broadcast and streaming television, has become the latest entrant to India's growing startup unicorn club. Norwest Venture Partners and Avataar Ventures, both existing investors, also participated in the round. A unicorn is a privately held company with a market capitalization of $1 billion or more. This round of funding brings the company's total funding to over $245 million. ....