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Exfinity Venture Partners partially exits CloudSEK with 13X returns
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Early-stage venture capital firm Exfinity Venture Partners on Thursday said it has partially exited its investment in cybersecurity platform CloudSEK. The firm said the partial exit saw a 13X multiple on invested capital (MOIC) and an internal rate of return (IRR) exceeding 40%. MOIC measures how many times an investment has grown relative to its original cost while IRR gives the expected annual percentage return of an investment. According to the VC firm, the transaction was executed as part of
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