Berlin’s Everphone raises $200M in debt and Series C equity

Berlin-based smartphone-as-a-service provider, Everphone, has topped up with $65 million in a Series C equity raise in addition to taking $135M in debt financing — for a total raise of $200M.
The latest tranche of funding is led by German private equity investor, Cadence Growth Capital (CGC), which is now Everphone’s biggest shareholder.
Deutsche Telekom, AlleyCorp and signals Venture Capital also participated as returning investors.
The new financing follows Everphone’s $40M S