Returning investors Sequoia India and Tiger Global Management co-led a $35m round that valued Recruit-backed marketing software provider CleverTap at $385m.
CleverTap, a US-based mobile marketing technology producer backed by human resources firm Recruit Holdings, closed a $35m series C round co-led by hedge fund Tiger Global Management and venture capital firm Sequoia India yesterday.
The round valued the company at $385m, up from a $150m valuation in April 2019 when it secured $26m in a series B round led by Sequoia India that also featured Tiger Global and VC firm Accel.
Founded in 2013, CleverTap operates a consumer retention…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
