Beacon Software, which acquires niche software businesses and transforms them with AI, raised a $250M Series B led by GC, Lightspeed, and D1 at a $1B valuation (Krystal Hu/Reuters)
PositiveArtificial Intelligence

Beacon Software has successfully raised $250 million in a Series B funding round, led by prominent investors GC, Lightspeed, and D1, achieving a remarkable valuation of $1 billion. This funding will enable Beacon to continue its mission of acquiring niche software businesses and enhancing them with artificial intelligence. This is significant as it highlights the growing interest in AI-driven solutions and the potential for innovation in the software industry.
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