TCV, Blackstone Back Startup Pennylane at $4.25 Billion Value

Pennylane, a French startup that sells accounting software, has raised €175 million ($204 million) in a funding round led by growth equity investor TCV.

By Yazhou Sun · Bloomberg Markets

Pennylane, a French startup that sells accounting software, has raised €175 million ($204 million) in a funding round led by growth equity investor TCV.