US-based communications platform producer Intercom raised $125m in funding yesterday from investors including GV, the early-stage investment arm of internet and technology conglomerate Alphabet, Bloomberg has reported.

The round was led by venture capital firm Kleiner Perkins Caufield and Byers (KPCB) and valued Intercom at approximately $1.28bn.

Founded in 2011, Intercom operates a messaging platform enabling businesses to communicate with existing and prospective customers through channels such as live chat on the company website and app, email and social media.

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