CleverTap, a global customer lifecycle management platform, secured $26m in Series B funding.
The round, which brought the CleverTap valuation to more than $150m, was led by Sequoia India with participation from Tiger Global Management and Accel.
The company intends to use the new funds to accelerate its data science-driven product capabilities and scale to meet demand for its platform.
Led by Sunil Thomas, CEO and Co-founder, CleverTap provides a customer lifecycle management platform that enables businesses to deliver omnichannel experiences to millions of their customers in real time. Using its proprietary big data and artificial intelligence engine, businesses can analyze billions of user actions, providing marketing and growth teams with customer context at every stage of the customer journey.
The company, which has offices in San Francisco, London, Singapore, Mumbai, and Bengaluru, serves over 8,000 companies including Vodafone, Star, Sony, Domino’s Pizza, GO-JEK, Cleartrip and BookMyShow.