INSUBCONTINENT EXCLUSIVE:
Freshworks, a company that makes a variety of business software tools, from CRM to help-desk software, announced a $150 million Series H
investment today from Sequoia Capital, CapitalG (formerly Google Capital) and Accel on a hefty $3.5 billion valuation
The late-stage startup has raised almost $400 million, according to Crunchbase data.The company has been building an enterprise SaaS
platform to give customers a set of integrated business tools, but CEO and co-founder Girish Mathrubootham says they will be investing part
of this money in R-D to keep building out the platform.To that end, the company also announced today a new unified data platform called the
was not ready to commit to an IPO, he said they are in the process of hiring a CFO and are looking ahead to one day becoming a public
We want to go public at the right time
addition, he says he will continue to look for good acquisition targets, and having this money in the bank will help the company fill in
gaps in the product set should the right opportunity arise
It has 250,000 customers worldwide, including almost 40,000 paying customers
These including Bridgestone Tires, Honda, Hugo Boss, Toshiba and Cisco.
