August 16, 2019 |
Brazil's Resultados Digitais (RD) said it has received BRL200m ($49.8m) in its fifth fundraising round.
The US private equity firm Riverwood Capital led the latest round, joined by RD's existing shareholders TPG Growth, Redpoint eventures, Astella, DGF and Endeavor Catalyst, RD said in a press release.
RD said it will use some of the money to expand its businesses in Mexico and Colombia.
Based in Florianópolis, the software-as-a-service company provides digital marketing for small and medium-
US private equity firm and existing shareholders put $50m into the Brazilian online marketing firm