Deskera, a Singapore-based SME-focused cloud provider, raised US$60m in funding.
Backers included Jungle Ventures, Cisco Investments, Tembusu Partners, Susquehanna International Group, and Innoven Capital.
The company intends to use the funds to add solutions to its portfolio and to continue to expand globally.
Led by Shashank Dixit, CEO, Deskera provides an integrated business suite to run a business – from finance, to sales, to human resource, to projects – in the cloud. For nearly a decade, the company has been providing innovative ERP, CRM, PM, and HCM solutions. It currently employs over 300 in Southeast Asia, UAE, and India.
Beyond the funding, Deskera also announced the new B2B commerce platform for SMEs called Desk, which connects vendors, logistics, payments, and customs under a single integrated platform.