Apax Digital Fund Leads $43 Million Wizeline Funding

Wizeline, a Silicon Valley-based outsourced product development and technology company, today announced that the company has closed a $43 million Series B funding round, led by the Apax Digital Fund, a growth equity fund advised by the global private equity advisory firm Apax Partners.

Wizeline builds technology platforms and offers software consulting services to provide technology solutions to its customers. The company was founded in 2014 and has grown to nearly 500 employees globally, with year-over-year revenue growth of more than 200 percent. The new funds will be used to accelerate growth in the company’s development teams, sales and marketing functions, international expansion, and M&A.