SoftBank Leads $185 Million Round in Pax8 at $1.7 Billion Value
- Colorado-based cloud startup aims to eventually go public
- Pax8 helps small businesses manage their cloud technology
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SoftBank Vision Fund has led a $185 million investment in Pax8 Inc. that values the company at $1.7 billion.
Existing investors Liberty Global Ventures, Catalyst Investors, Sageview Capital and Blue Cloud Ventures participated in the round, according to a statement Monday.