Slack was among the investors that pushed IT automation software provider Electric’s overall funding to $189m.

US-based back-office automation software developer Electric secured $90m of series D funding from investors including communications software provider Slack on Tuesday.

Venture capital firm GGV Capital led the round and was joined by Bessemer Venture Partners (BVP), Primary Venture Partners, Greenspring Associates, Atreides Management, 01 Advisors and Vintage Investment Partners. The company’s total funding now stands at $189m, it said.

Founded in 2016, Electric has developed technology enabling small and medium-sized businesses to automate their IT infrastructure, providing real-time support…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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