Square Peg, Wellington back Australia's Rokt at $2.4b valuation
Square Peg Capital and Wellington Management have led a AUD 750m (USD 501m) investment in Australian e-commerce marketing technology provider Rokt at a valuation of USD 2.4bn.
The deal was described as a secondary transaction. CEO Bruce Buchanan (pictured) told The Australian Financial Review that most exiting investors were early-stage backers facing fund end-of-life pressures....
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