Deutsche Telekom Capital Partners has invested $10m in CRM software provider PipeDrive, enabling the company to close its series C round.
US-based sales software producer PipeDrive completed a $60m series C round yesterday with a $10m investment by telecommunications firm Deutsche Telekom, through its Deutsche Telekom Capital Partners (DTCP) unit.
The extra funding was added to a $50m first tranche in June this year that was led by Insight Venture Partners and backed by fellow venture capital firms Bessemer Venture Partners, Atomico and Rembrandt Venture Partners.
Founded in 2010, PipeDrive has built a customer relationship management (CRM) platform designed to be…
