Cisco-backed CRM software producer Kustomer has now raised a total of $174m following a series E round that valued it at more than $500m.

Kustomer, a US-based customer relationship management (CRM) software publisher backed by networking technology provider Cisco, has collected $60m in a series E round led by hedge fund manager Coatue Management.

The round also featured hedge fund manager Tiger Global Management and technology investment firm Battery Ventures. It valued the company at more than $500m, Kustomer co-founder and CEO Brad Birnbaum told TechCrunch.

Kustomer has created a CRM software platform that helps enterprises and brands build effective customer relationships across multiple…