Brazil’s Resultados Digitais Reaffirms Investor Confidence With New Round

Brazil-based software-as-a-service firm Resultados Digitais (RD) has raised a new investment round led by Riverwood Capital following a “significant shift” in international interest in the country’s tech ecosystem.

The investment of 200 million reais ($50 million) is the company’s fifth funding round and brings it closer to the coveted valuation of $1 billion. The transaction includes the firm’s existing backers TPG Growth, DGF Investimentos, Redpoint eventures, Astella Investimentos and Endeavor Catalyst.


By Angelica Mari via Forbes


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