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Farming Software Maker Valued at $4 Billion in Round

  • Farmers Business Network could go public next year, CEO says
  • Fidelity-led financing raises $300 million for expansion
Farmers Business Network CEO Amol Deshpande

Farmers Business Network CEO Amol Deshpande

Source: FBN

Farmers Business Network Inc. has raised $300 million in financing to power its software for the agricultural industry.

The latest funding values the business at $4 billion, more than double the $1.75 billion it was valued at in a round last year, according to a person familiar with the matter, who asked not to be identified discussing private information.