Wednesday, April 24

Tag: CleverTap funding

CleverTap raises $35 mn funding from Tiger Global & others
16Oct By PriyankaNo Comments
FUNDING

CleverTap raises $35 mn funding from Tiger Global & others

New Delhi, Oct 16- CleverTap, an AI-powered customer lifecycle, and user retention platform has raised USD 35 million (over Rs 250 crore) in series C funding, led by existing investors Tiger Global Management and Sequoia India. This new funding increases CleverTap’s external investment to USD 61 million since the beginning of 2019 a period that has seen the company’s valuation more than double from USD 150 million to USD 385 million, a statement said. "Growing at 250 per cent year-on-year since 2015, CleverTap intends to use the funds to build out its new US-based engineering hub, add enhanced predictive capabilities to its market-leading platform, and fuel an aggressive global go-to-market expansion strategy," it added. Sunil Thomas, co-founder and CEO of CleverTap, said, the la...
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CleverTap raises $26 Million Funding Led by Sequoia India & Tiger Global
11Apr By PriyankaNo Comments
FUNDING

CleverTap raises $26 Million Funding Led by Sequoia India & Tiger Global

SAN FRANCISCO-- Customer lifecycle management platform, CleverTap, today announced a $26 million Series B funding round, led by Sequoia India with participation from new investor, Tiger Global Management, and existing investor Accel. The funds will be used to accelerate CleverTap's data science-driven product capabilities and scale to meet fast-growing demand for its customer lifecycle management platform. The new funding brings the company's valuation to more than $150 million. CleverTap's platform enables businesses to deliver omnichannel experiences to millions of their customers in real time. Using CleverTap's proprietary big data and artificial intelligence engine, businesses can analyze billions of user actions, providing marketing and growth teams with immediate customer...
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