The business management software developer hiked its overall funding to $465m and its valuation to $2.4bn in a Citi Ventures-backed round.

Citi Ventures, the corporate venturing vehicle for financial services firm Citi, took part in a $250m series E round for US-based business management software provider HoneyBook yesterday.

Hedge fund manager Tiger Global Management led the round, which included Durable Capital Partners, Norwest Venture Partners (NVP) and OurCrowd. It valued the company at $2.4bn according to Calcalist.

HoneyBook has built a software platform which helps small business owners streamline their cash and customer flow activity into a single place, enabling them…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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