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Zum Raises $100 Million From TPG to Accelerate Zum’s Connected Mobility Experience (CMX) and for Continued Growth and Expansion
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Zum Raises $100 Million From TPG to Accelerate Zum’s Connected Mobility Experience (CMX) and for Continued Growth and Expansion
REDWOOD CITY, Calif., — Zūm, the leader in Connected Mobility Experience (CMX), today announced a $100 million investment from TPG, bringing the company’s total funding to $430 million and valuing Zum at $1.7 billion. TPG is making its investment through The Rise Funds, the multi-sector strategy of its global impact investing platform, and in connection with the investment, Steve Ellis, a Managing Partner of The Rise Funds, will join Zum’s Board…
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