Coherent, a global no-code Software-as-a-Service (SaaS) provider with offices in the US and the Asia-Pacific market, announced on Wednesday the completion of a Series B funding round at $75 million to promote the development of business software for the hybrid-work era.
The Series B round was led by early-stage investment firm Maverick Capital, including Maverick Ventures, with participation from Owl Rock, a division of New York-headquartered asset management firm Blue Owl, US venture capital (VC) company GreatPoint Ventures, and existing investors Cathay Innovation and Franklin Templeton.
