Software-as-a-service (SaaS) startup Icertis on Thursday said it has raised around $80 million as part of its Series F round, led by existing investor B Capital Group, with participation from Greycroft, Meritech Capital Partners, Premji Invest, PSP Growth, and e.ventures. Post-funding, its valuation has nearly tripled to $2.8 billion.
The Bellevue-based firm plans to use the funding to expand across Japan, South East Asia and northern Europe. It will also invest in product development, further integrating artificial intelligence (AI), ablockchain with natural language processing technologies in its product suite.
