Apttus, a San Mateo, California-based Quote-to-Cash solution provider, raised $108m in Series C funding.
The round, which followed a $37M Series A round in September 2013 and a $41M Series B round in February 2015, was led by sovereign wealth fund KIA, with participation from Iconiq Capital, K1 Capital and Salesforce Ventures.
The company intends to use the funds to provide new business solutions and services to customers and prospects in fields such as manufacturing, life sciences, financial services and telecommunications.
Led by Kirk Krappe, CEO and co-founder, Apttus provides cloud solutions (built upon the Salesforce1 Platform) for configure price quote, e-commerce, contract management, X-Author and revenue management.
The company has additional offices in London, UK, Bozeman, Montana and Ahmedabad, India.