Mechanical Orchard, which helps companies migrate systems from mainframes to the cloud, raised a $24M Series A led by Emergence Capital at a $95M valuation (Alex Konrad/Forbes)

Alex Konrad / Forbes:

Mechanical Orchard, which helps companies migrate systems from mainframes to the cloud, raised a $24M Series A led by Emergence Capital at a $95M valuation  —  Mechanical Orchard has raised $24 million from Emergence Capital at a $95 million valuation after reaching $10 million in revenue and profitability in just over a year.