Kobalt plans Brazil and South East Asia expansion

Tom Pakinkis

The $60 million in funding announced by Kobalt last week will contribute towards the company’s physical expansion into Brazil and South East Asia.

The Series C funding round included Google Ventures, MSD Capital, L.P., the private investment firm for Michael S. Dell and his family, which is a current Kobalt investor, and MSDC Management, L.P. It adds to the $66 million already raised by the company.

Kobalt intends to use the new capital to double its tech team and further ...

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