Eight Roads Ventures and Boston Consulting Group's B Capital took part in the series E round, which increased the cloud-based contract management platform's valuation to more than $1bn.

US-based contract management software provider Icertis closed a $115m series E round yesterday that featured Eight Roads Ventures, a subsidiary of investment and financial services group Fidelity.

B Capital Group, the investment firm sponsored by management consultancy Boston Consulting Group, also took part in the round, which was led by investment firm Premji Invest and private equity firm Greycroft, and valued Icertis at more than $1bn.

Cross Creek, Ignition Partners, Meritech Capital Partners and PSP Growth also contributed capital.

Founded…