Greycroft and PremjiInvest led the round
The funds will be used to invest in new technologies and expand presence in the global market
Icertis joins the SaaS unicorn club with Freshworks and Druva
Seattle and Pune-based software company Icertis has raised $115 Mn in a funding round led by US-based venture capital firm Greycroft and PremjiInvest.
Existing institutional investors including B Capital Group, Cross Creek Advisors, Eight Roads, Ignition Partners, Meritech Capital Partners and PSP Growth also participated in the round. With this round, the company has achieved a valuation above $1 Bn and joins the ranks of SaaS unicorns such as Freshworks and Druva.