Customer engagement software startup Podium has raised $32m in an oversubscribed GV-backed round that valued it at more than $100m.

US-based customer engagement software developer Podium has secured $32m in a series A round backed by GV, the corporate venturing unit formerly known as Google Ventures, TechCrunch reported on Tuesday.

Venture capital firm Accel led the oversubscribed round, which valued Podium at more than $100m and which was originally intended to be between $20m and $25m in size. Growth equity firm Summit Partners and accelerator Y Combinator also participated.

Podium has created a platform that helps brick-and-mortar businesses utilise online…