Singtel Innov8 and HCL Technologies were among the returning investors in Moogsoft's latest round, which was led by Goldman Sachs Growth Equity.
US-based IT monitoring software developer Moogsoft received $40m in series D funding on Tuesday from investors including telecommunications firm Singtel and IT services provider HCL Technologies.
Goldman Sachs Growth Equity, part of investment bank Goldman Sachs, led the round, which also featured Northgate Capital, Redpoint Ventures, Wing VC and ST Telemedia, a subsidiary of Singaporean state-owned investment firm Temasek. Singtel took part through its Singtel Innov8 unit.
Founded in 2011, Moogsoft has developed a platform that relies on artificial intelligence…
