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Behavox Raises $175 Million from HPS Investment Partners, Part of BlackRock, to Accelerate Global Growth (opens original article in a new tab)

TL;DR

Behavox secured $175 million in preferred equity funding from HPS Investment Partners, part of BlackRock, to boost global expansion and product development.

  • Behavox raised $175 million from HPS Investment Partners, part of BlackRock, to accelerate global growth.
  • The investment follows a year of strong commercial growth, with Behavox's customer base increasing 86% to over 100 major financial institutions.
  • Behavox repaid its $70 million venture-debt facility with Hercules Capital, strengthening its balance sheet.

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