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If you haven’t heard the news, CleverTap just closed a $35 million Series C funding round, bringing our total funding to just over $77 million.
The round was led by two of our existing investors, Sequoia India and Tiger Global Management. We’re thrilled about this incredible milestone, not just because of what this means for the company, but also because of what this brings to our customers and partners.
It’s been an incredible journey. Six years ago I started the company alongside my co-founders, Anand Jain and Suresh Kondamudi, with a goal that has never changed. We want to help our customers engage and retain their users. Since then, we’ve helped over 8,000 apps around the world drive over $2 billion in incremental revenue by allowing them to understand and engage their users in a more meaningful way.
This Series C funding round is a fantastic milestone for us, and will fuel some very exciting plans to ensure our customers’ success.
We’re going to invest in building out our US-based engineering hub. We will be adding enhanced predictive capabilities to our industry-leading platform. And we will be executing on an aggressive global go-to-market expansion strategy to help even more companies build lasting relationships with their users.
In truth, we’ve been heading down this path for quite a while. Here’s a rundown of some milestones we hit in 2019:
As we continue to expand globally, I’d like to take a step back and offer a sincere thank you to our customers and partners.
Without you supporting us, offering continuous feedback, and counting on us every day to achieve your company’s goals, it’s all for nothing. After all, you are the reason we have incredible ratings on G2 Crowd, Capterra, Gartner PeerInsights, and more.
Please know that as we continue to grow, we remain dedicated to your success. And if you’re interested in joining us on this journey, we’re hiring!
For more information, please read our official press release regarding this announcement.