Iterable Raises $200M in Series E
Iterable has successfully raised $200M in a Series E at a $2B valuation led by Viking Global Investors, Index Ventures, CRV, Scale Venture Partners.
Company Overview
Iterable is a Marketing Tech company headquartered in 60 4th Street, San Francisco, CA 94103, founded in 2013 with 700+ employees.
Cross-channel marketing platform
Fundraising Details
- Amount Raised: $200M
- Round Type: Series E
- Valuation: $2B
- Date: 2024-06-13
- Investors: Viking Global Investors, Index Ventures, CRV, Scale Venture Partners
About Iterable
Cross-channel marketing platform The company is positioned in the Marketing Tech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 60 4th Street, San Francisco, CA 94103
- Founded: 2013
- Team Size: 700+
- Industry: Marketing Tech
What This Means
This funding round demonstrates strong investor confidence in Iterable's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Marketing Tech sector continues to attract significant investment as companies innovate to meet evolving market demands. Iterable's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $2B valuation marks an important milestone for Iterable, positioning the company among notable players in the Marketing Tech industry.
Looking Ahead
With this new capital, Iterable is well-positioned to execute on its growth strategy and continue building innovative solutions in the Marketing Tech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2024-06-13. For more information about Iterable, visit their headquarters at 60 4th Street, San Francisco, CA 94103.
