Braze Raises $80M in Funding; Valued at $850M

brazeBraze (formerly Appboy), a NYC-based global customer engagement platform that delivers personalized messaging experiences across push, email, apps, and more, raised $80m in Series E funding.

The round – which brought total funding raised to $130m in over a year, and more than doubled its valuation to $850m from Series D in 2017 – was led by Meritech Capital Partners.

Led by Bill Magnuson, co-founder and CEO, Braze is a customer engagement platform that delivers messaging experiences across push, email, apps, etc.

Each month, the platform powers tens of billions of messages, delivered to over 1.5 billion monthly active users globally. Customers include over 500 digital-first and enterprise brands, such as ABC News, AccuWeather, Delivery Hero, HBO, Lyft, Jet.com, KFC Australia, Microsoft, RedMart, The Skimm, and Venmo.

The company has offices in New York City, San Francisco, London, and Singapore.

FinSMEs

03/10/2018

 

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