SoftBank Vision Fund 2 led a round for cloud software marketplace Pax8 that included Liberty Global Ventures at a $1.7bn valuation.
Pax8, the US-based operator of an online marketplace for cloud software products, secured $185m on Monday in a funding round led by internet and telecommunications group SoftBank’s Vision Fund 2.
Mass media group Liberty Global’s corporate venturing unit, Liberty Global Ventures, also participated in the round, alongside Catalyst Investors, Sageview Capital and Blue Cloud Ventures. It valued the company at $1.7bn.
Founded in 2012 as Nuage 8, Pax8 provides an online platform where users can buy and sell cloud software…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
