![]() ![]() The round was led by Tiger Global with existing investors also participating. Its valuation has now increased to $1.5billion, and it’ll be utlizing the investment towards hiring. Spendesk valued at $1.5billion after latest funding roundĮxpense management software Spendesk has raised $114million in funding just six months after raising the same amount. Led by Franklin Templeton, the startup is now valued at $3.2billion. Ironclad reaches $3.2billion valuation in race to build software for business contractsĬontract lifecycle management software Ironclad has closed a $150million Series E funding round. The Series F investment values the startup at $3billion and was led by Thrive Capital, Elad Gil, Tiger Global, and Dragoneer. Lattice raises $175M at a $3B valuation for its people management platformĮmployee performance management software Lattice has trebled its valuation to $3billion with its latest fundraise of $175million. Co-led by Blue Owl and MSD Partners, the company will be spending the money on hiring and expanding to more geographies. It has received a $200million investment that more than doubles its valuation to $5.2billion. With the amount, the company will be doubling down on hiring, building its Events API, and looking for acquisitions.ĦSense reaches $5.2billion value with SoftBank joining roundĦSense is a software that helps companies with sales and marketing. Led by Iconiq Growth, the round values the company at $6.8billion. 1Password – a leading player in the password manager space – has gotten $620million Series C funding. If you think only new-age companies are raising big bucks, then you couldn’t be more wrong. Remote work and cloud adoption lands 1Password with $620M Series C, now valued at $6.8B SaaS companies that got the funding this week The deal is pegged at $252million as a mix of cash and stock. It has announced the acquisition of Cognito, which offers verification services. While the deal was called off due to regulatory issues, the API tool that connects to people’s bank accounts is showing how it’s charting its future path. Last year, Plaid was being acquired by Visa. Plaid buys Cognito as it moves beyond merely connecting accounts All that and more in the latest edition of the SaaS weekly roundup. We saw several companies raising significant investments to grow faster. ![]() The past week seemed like a funding blitzkrieg for the SaaS industry. ![]()
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