SaaS Startup Hiver Raises $4 Million in Fresh Funding Round
Bengaluru and San Jose-based SaaS-focused startup Hiver has raised an amount of $4 million (Rs 30 crore) in a new round of funding. This particular funding round was led by venture capital firms Kalaari Capital and Kae Capital.
Prior to this, the company raised $130,000 in seed funding from the Citrix Startup Accelerator and Paytm founder Vijay Shekhar Sharma in 2012. The company was earlier known as Grexlt. It later rebranded as Hiver last year.
The funds from this round will be utilized by the company for product development, as well as expanding its global customer base.
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