Beacon Software, which acquires niche software businesses and transforms them with AI, raised a $225M Series C, bringing its total funding to $550M (Sarah Klearman/Wall Street Journal)

<a href="https://www.wsj.com/pro/venture-capital/startup-beacon-software-raises-225-million-to-expand-venture-roll-up-strategy-d456c1bf"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260609/i10.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260609/p10#a260609p10" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Sarah Klearman / <a href="https://www.wsj.com/">Wall Street Journal</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.wsj.com/pro/venture-capital/startup-beacon-software-raises-225-million-to-expand-venture-roll-up-strategy-d456c1bf">Beacon Software, which acquires niche software businesses and transforms them with AI, raised a $225M Series C, bringing its total funding to $550M</a></b></span>&nbsp; &mdash;&nbsp; In private equity, a roll-up has historically meant buying companies, consolidating them to achieve an economy of scale and then flipping the larger entity for profit.</p>