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Irish-led Chargify likely to merge as part of $150m investment


Irish-led Chargify likely to merge as part of $150m investment
Company led by Dubliner Paul Lynch and owned by Ed Byrne’s Scaleworks
about 3 hours ago
 
Chargify, a US tech company led by Dubliner Paul Lynch and owned by Irish entrepreneur Ed Byrne’s Scaleworks, looks set to merge with another firm as part of a multimillion dollar investment.
Battery Ventures, a well-known venture capital firm that has backed over 300 companies, including Coinbase, N26 and Irish edtech Learnosity, is behind the deal.
The VC, which earlier this year closed a new $400 million fund, is investing more than $150 million (€ 124.5 million) into Chargify and SaaSOptics. These are two complementary, cloud software platforms that manage billing and automate related financial functions including payments, revenue recognition and analytics. ....

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