KUALA LUMPUR, Feb 27 -- HeadSpin has announced a US$60 million Series C funding round led by Dell Technologies Capital and ICONIQ Capital with participation from institutional investors Tiger Global Management, Kearny Jackson, and Alpha Square Group. (US$1 = RM4.22)
The round brings the total amount raised since inception to US$117 million. HeadSpin will use the funding to develop new product offerings, expand into new market segments, and deepen position within cloud ecosystems.
Also participating in the round are leading angel investors, including LinkedIn’s Jeff Weiner, We’s Shiva Rajaraman, Calm’s Alex Will, Notion’s Akshay Kothari, Bumble’s Derek Callow, Caviar’s Gokul Rajaram, Uber’s Manik Gupta and Stripe’s Amber Feng.
In the same statement, HeadSpin also announced that Palo Alto Networks’ Chairman and Chief Executive Officer, Nikesh Arora, has joined the company Board of Directors as Chairman of the Board.
Understanding that connected experiences enabled by web, mobile, IoT, and 5G technologies have become the primary point of interaction between companies and their customers, HeadSpin developed the world’s first Connected Intelligence Platform™ to unify testing, monitoring and analytics across applications, devices and networks.
This enables companies to optimise the functionality and performance of connected experiences throughout the development lifecycle and across the increasingly complex ecosystem of software and infrastructure used to reach today’s global audiences.
Since launching in 2015, HeadSpin has doubled its annual revenue year-over-year, earning the trust of over 1,000 enterprise customers and telco operators. New HeadSpin enterprise customers include Microsoft, Tik Tok, Bandai Namco Studios, Yahoo! and Uber.
More details at https://www.headspin.io.
-- BERNAMA
No comments:
Post a Comment