"CleverTap has established itself as a partner of choice for its clients by helping them generate significant incremental revenue. And now with the new institutional investors coming on board we have all that we need to grow at a faster rate while consolidating our position as the global leader in the retention space." The last few months have been quite exciting for us with the Leanplum acquisition and unveiling of TesseractDB™. "The fresh funds will help fuel our plans to further strengthen our presence in key geographies and expand our teams.
The addition of long-term investors CDPQ and IIFL AMC Tech fund to CleverTap's existing backers, Sequoia India, Accel, Tiger Global, and Recruit Holdings is a great endorsement of the successful business we have built, the innovation we bring to the market and the growth potential CleverTap holds," said Sunil Thomas, Co-founder and Executive Chairman, CleverTap. "Our vision has been to reshape the way businesses engage with their consumers and bring the tech to MarTech. In the same month, it also unveiled TesseractDB™, the world's first purpose-built database designed to dramatically improve user engagement and retention for digital consumer brands. In June 2022, CleverTap completed the acquisition of San Francisco-based Leanplum, a leading multi–channel customer engagement platform, further strengthening its footprint in North America and Europe. CleverTap's subscription-based solution has been adopted by a loyal customer base of 1,200 brands in 100 countries representing 10,000 apps across industries including Fintech, eCommerce, Subscription, On Demand, and Streaming media. The funds will be used to support CleverTap's global expansion and enhance the development of its world-class solutions and technology.įounded in Mumbai in 2013 and headquartered in Mountain View, California, CleverTap's customer engagement and retention SaaS platform leverages machine learning and artificial intelligence to offer a comprehensive user engagement suite that enables brands to build valuable, long-term relationships with their customers.
ROCHELLE ANN HART ENCORE ENERGY SOLUTIONS SERIES
10, 2022 /PRNewswire/ - CleverTap, a leading global B2B SaaS platform for customer engagement and retention today announced it has signed definitive agreements to raise US$105M in a Series D funding round led by CDPQ, a global investment group who committed US$75M, with participation from IIFL AMC's Tech Fund, along with existing investors Tiger Global and Sequoia India. MOUNTAIN VIEW, Calif., MUMBAI, India and MONTREAL, Aug.
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