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Data Center News > Blog > Investments > Northern Light Receives $23M Investment from LoneTree Capital
Investments

Northern Light Receives $23M Investment from LoneTree Capital

Last updated: January 7, 2025 2:45 pm
Published January 7, 2025
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Northern Light Group, a Boston, MA-based supplier of an enterprise data administration platform for aggressive intelligence and market analysis, acquired a $23M development funding from LoneTree Capital.

As a part of the funding, Mike Devine, Rhett Lambert and Peter Bozian of LoneTree will be part of Northern Gentle’s Board of Administrators. Phrases of the deal weren’t disclosed.

The corporate intends to make use of the funds to drive continued product innovation and improve its capability to help enterprise clients worldwide.

Northern Gentle gives data administration platforms for aggressive intelligence and market analysis insights to international enterprises throughout a number of industries, together with data expertise, prescribed drugs, telecommunications and monetary providers. These organizations depend upon Northern Gentle’s intelligence and analysis for technique, R&D, product administration, advertising and gross sales.

FinSMEs

07/01/2024

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See also  CARV Launches Alphanet: $35M Node Sale Propels Decentralization Milestone
TAGGED: 23M, Capital, Investment, light, LoneTree, Northern, receives
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