Sprinklr, a New York City-based social media management platform, secured $46m in funding.
The round, which was led by Battery Ventures, Intel Capital and Iconiq Capital, valued the company at more than $1 billion.
Sprinklr intends to use the funds to expand into adjacent product markets and geographies.
Led by Ragy Thomas, CEO and founder, the company also announced the launch of the Experience Cloud™, an integrated offering that allows brands to create, manage, and deliver experiences across 23 social channels and brand websites.
The new solution aims to extend the capabilities of its enterprise social media management technology.
Sprinklr employs almost 700 employees globally.