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Pipe raises $50m in strategic funding

Los Angeles based finance platform for SaaS companies raised $50m in strategic funding led by Siemens, Next47 and Raptor Group.

“When we first went to market, we were very focused on SaaS, our first vertical,” he said. “Since then, over 3,000 companies have signed up to use our platform.” Those companies range from early-stage and bootstrapped with $200,000 in revenue to publicly traded companies.

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