On October 26, 2021, Devo, Inc. closed the transaction. The company announced that it has amended terms of the transaction and now raised $250,000,000 in a round of funding led by new investor TCMI Inc. The transaction also involved participation from new investors General Atlantic Service Company, L.P., Eurazeo SE and returning investors Insight Venture Management, LLC, Georgian, Deer Management Company, LLC, and Kibo Ventures. As part of the transaction, Gary Reiner of General Atlantic Service Company, L.P. and Gopi Vaddi of TCMI Inc. will join the board of directors of the company.

The round is raised at a post- money valuation of $1,500,000,000. The company has raised more than $400,000,000 in funding till date.