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Beacon Software has secured $250 million in funding to expand its strategy of acquiring smaller software businesses and enhancing them with artificial intelligence. The company focuses on underappreciated sectors, targeting firms that serve local communities and generate steady profits.
Ripple raised $500 million, boosting its valuation to $40 billion as it expands beyond payments. The funding, led by major investment firms, reflects growing interest from institutional investors. Ripple continues to enhance its offerings, including stablecoins and custody services.