CleverTap receives a new investment of $26M

CleverTap receives a new investment of $26M

CleverTap yesterday announced a new investment of $26 million in Series B funding. CleverTap's Co-Founder Anand Jain says this represents a valuation north of $150 million.

Anand Jain wrote yesterday that is welcoming Tiger Global Management to the investment team and that the new investment will help speed up product innovation, grow the team of customer success superstars, and expand the geographical presence.

"We’ve built one of the most comprehensive customer lifecycle management platforms that work at scale. Currently, we process over 30 billion events and send out more than 8 billion notifications daily. We’ve delivered $2 billion worth of incremental revenue to our customers."Anand Jain, Co-Founder at CleverTap

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