Hyundai Motor Company backed car dealership software provider Tekion in a $250m series D round which gave it a valuation of $3.5bn.

Tekion, a US-based provider of sales software for car dealerships, collected $250m in series D financing yesterday from investors including carmaker Hyundai Motor Company at a valuation of $3.5bn. The round was co-led by Alkeon Capital and Durable Capital with backing from Advent International, Index Ventures and FM Capital as well as several undisclosed car…

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