Blackstone (BX) is among investors in a 175 million euro ($205.5 million) round of funding for Pennylane, a Paris-based financial software company, news outlets reported Tuesday, citing a statement.
The funding round was led by TCV, with participation from Blackstone through funds managed by Blackstone Growth, EU Startups and Bloomberg reported.
Existing investors, including Sequoia Capital, DST Global, CapitalG, and Meritech Capital, also took part in the funding round, the reports said.
Blackstone and Pennylane did not immediately reply to MT Newswires' request for comment.
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