123FormBuilder Raises $30M in Series B

123FormBuilder has successfully raised $30M in a Series B at a $150M valuation led by Unknown.

Company Overview

123FormBuilder is a Enterprise Software company headquartered in Palo Alto, CA, founded in 2008 with 80+ employees.

Online form builder

Fundraising Details

Amount Raised: $30M
Round Type: Series B
Valuation: $150M
Date: 2024-08-01
Investors: Unknown

About 123FormBuilder

Online form builder The company is positioned in the Enterprise Software sector, serving a growing market with innovative solutions.

Key Information

Headquarters: Palo Alto, CA
Founded: 2008
Team Size: 80+
Industry: Enterprise Software

What This Means

This funding round demonstrates strong investor confidence in 123FormBuilder'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 Enterprise Software sector continues to attract significant investment as companies innovate to meet evolving market demands. 123FormBuilder's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $150M valuation marks an important milestone for 123FormBuilder, positioning the company among notable players in the Enterprise Software industry.

Looking Ahead

With this new capital, 123FormBuilder is well-positioned to execute on its growth strategy and continue building innovative solutions in the Enterprise Software space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-08-01. For more information about 123FormBuilder, visit their headquarters at Palo Alto, CA.