ChargeBee, a Walnut, CA- Chennai, India-based recurring billing startup, secured $5m in Series B venture funding.
The round was led by Tiger Global with participation from existing investor Accel Partners.
The company, which has now raised $6.17m in total, intends to use the funds to increase its engineering & customer support team to expand its product offering and build local presence in key markets like US, UK & Australia.
Led by Krish Subramanian, Co-founder & CEO, ChargeBee provides a SaaS-based recurring billing plattform that processes over $100MM USD annually.
Customers include fast growing startups like Freshdesk, Kissflow, Soylent and VinylMe,Please.