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Miami technology company raises $500M

Emon Reiser

The valuation of Kaseya, an IT software company with U.S. headquarters in Miami, has soared close to $2 billion thanks to a major investment announced Friday. With a $500 million capital injection from investors including San Francisco-based TPG and New York City-based Insight Partners, Kaseya joins the ranks of multibillion-dollar software companies with headquarters in South Florida.