Deskera has pushed its SIG and Cisco-backed series A round beyond $100m, after securing more than $40m in an extension led by Mirae Asset - Naver Asia Growth Fund.

Singapore-based business management software provider Deskera has increased its series A round to more than $100m after securing more than $40m in an extension led by a vehicle backed by internet group Naver, DealStreetAsia reported today.

Mirae Asset – Naver Asia Growth Fund, a joint venture between Naver and financial services group Mirae Asset, confirmed it had invested but declined to offer additional details. A source told DealStreetAsia the deal valued Deskera at nearly $500m.

Founded in 2008, Deskera runs…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.