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Klaviyo Named #15 On The Forbes Cloud 100
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Klaviyo Named #15 On The Forbes Cloud 100
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Klaviyo Launches Powerful New Features to Give Brands More Ownership of Their Customer-First Data and Help Deliver Personalized Experiences at Scale
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Klaviyo, a customer data and marketing automation platform, has announced that it has raised a $320 million Series D round of funding.
In addition to the company s $200 million Series C financing in November 2020, this new financing puts the company value at $9.15 billion on a pre-money basis. It also brings Klaviyo s total funding to date to over $675 million. This latest round was led by new investor, Sands Capital. Other new investors in the platform include Counterpoint Global (Morgan Stanley), Whale Rock Capital Management, ClearBridge Investments, Lone Pine Capital, Owl Rock Capital, Glynn Capital, and Keith Block (former co-CEO of Salesforce), with participation from existing investors Accel and Summit Partners, according to a press release.
Extra Crunch roundup: Klaviyo EC-1, micromobility’s second wave, UiPath CFO interview, more
Origin stories are satisfying because we already know the hero will overcome the odds and in doing so, they’ll reveal their core strengths.
This week, we published a four-part series about how Klaviyo co-founders Andrew Bialecki and Ed Hallen bootstrapped their startup into an e-commerce marketing automation platform now valued at $4.15 billion.
Neither founder was bitten by a radioactive spider or received a serum that enhanced their entrepreneurial skills; instead, they focused on outreach to prospective customers to find out what they were willing to pay for and largely ignored the competition.