News > Media SaaS start-up Amagi raises $95 mn; turns unicorn

Media SaaS start-up Amagi raises $95 mn; turns unicorn

17/03/2022 10:21 AM | Click to read full article

Amagi, a cloud-based SaaS technology for broadcast and connected TV, on Wednesday turned unicorn after raising $95 million in latest funding round.

The funding round followed a 108 per cent year-on-year (YoY) growth in the company's revenue. This latest investment brings Amagi’s valuation to more than $1 billion, making it a unicorn and one of the highest-valued media tech companies worldwide.

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