HomeNewspre-IPO round: Freshworks secures $150 million funding from Google, Sequoia, Accel Partners

pre-IPO round: Freshworks secures $150 million funding from Google, Sequoia, Accel Partners

Most Read

Valuing the company at $3.5 billion, the Chennai-based customer engagement software company, Freshworks, has secured $150 million in new round funding from its existing investors, the reports said.

A report published citing to the sources in MoneyControl, an India-based business news site, said: “The new round funding was closed on Friday, saw the participation of its existing investors like Google, Sequoia, and Accel Partners.”

- Advertisement -

“This is a pre-IPO round, where the company wants to put the benchmark to what its shares should be at before going to IPO in 2021,” sources said.

Further adding to this, the sources also said: “The company will raise more funds before going to IPO.”

Freshdesk which was founded in 2010 by two Zoho former employees, Mathrubootham and Shan Krishnasamy, provides the customer supports solution in Sales, Marketing, IT Management, Call center and in HR to more than 150,000 customers across the globe, including fortune 500 companies like CISCO, Toshiba, Honda, and others.

Subscribe To Morning Newsletters

Sign up to receive the latest news stories, exclusive interviews, and more in your inbox.

We don’t spam! Read our privacy policy for more info.

Editor's Pick

Krishna Mali
Krishna Mali
Founder, CEO & Group Editor of TechGraph.

Read More Stories

How Logistics Industry Is Helping The e-Commerce Industry In Their Supply Chain Journey?

In the ever-evolving landscape of the Internet retail industry, the past five years have witnessed nothing short of a...

AI And India’s Software Industry: An Interview with Piyush Goel of Beyond Key

In this interview, Piyush Goel, Founder of Beyond Key spoke about the future of AI in India's software and...

Apple’s first ever dual-sim iPhone

The Indian Apple users are in for a treat as the leading smartphone manufacturer introduces its first-ever dual SIM...

Now, US users can see what Apple has collected from their device

Apple Inc on Wednesday rolled out an online tool to users in the United States and several other countries...

Dell Explores Fresh Investment in Karnataka; While Global Foundries eyes expansion in Bengaluru

In a strategic move aimed at strengthening its presence in the region, Dell, a leading technology conglomerate based in...

Vyapaar Vistar Secures Pre-series A round

Vyapaar Vistaar Tech Private Limited, a B2B tech-based distribution startup focused on supply chain innovation, has raised an undisclosed...