• IT and tech firm UST Global raises $250M from Temasek at a valuation of over $1B

    24 days ago - By Tech Crunch

    UST Global is a multinational digital and tech services firm, but it is not your average unicorn.
    The U.S.-based firm was founded in 2009, it has “significant” revenues and is profitable. But nonetheless, it has joined the $1 billion-valuation club courtesy of a $250 million investment from Temasek , Singapore's sovereign wealth fund.
    The business may be over 15 years old, but its name is perhaps not well known in startup circles, but it has achieved the kind of scale that few unicorns have. It claims 17,000 staff across 35 offices worldwide while its client base includes more than 50...
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