SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Investing in Exponential Growth

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Paul H. Christiansen7/20/2016 10:08:55 AM
   of 1084
 
Marketing Startup Sprinklr Now Valued at $1.8 Billion

Marketing software startup Sprinklr, which last year declared it had topped $100 million in revenue, has raised another $105 million to fuel international growth and, if the occasion arises, to make more acquisitions.

The latter is a very real possibility. In April, the company closed its ninth acquisition in two years, buying social analytics startup Postano. “It’s no secret, at this point, that we’re fairly ambitious,” Sprinklr founder and CEO Ragy Thomas told Fortune. “We want to stitch together the front-office systems for large brands.”

The Series F round disclosed Wednesday was led by Singapore-based investment firm Temasek, along with fund manager Wellington Management and EDBI, the corporate investment arm of the Singapore Economic Development Board. It boosts Sprinklr’s total backing to $239 million at a valuation of $1.8 billion, Thomas said. (The company’s declared valuation after a March 2015 funding round was $1.17 billion.)

fortune.com

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext