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Marketing Automation Startup Iterable Raises $200 Million, Reaches $2 Billion Valuation A Month After CEO s Ouster

Marketing Automation Startup Iterable Raises $200 Million, Reaches $2 Billion Valuation A Month After CEO s Ouster
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CX Newsbyte: Google Helps PayPal Speed Digital Transformation, Zoom adds New Events Platform and More News

Google and SAP help PayPal speed up digital transformation, Zoom adds Zoom all-in-one events platform, Klaviyo adds $3 million in funding and more CX news.

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Klaviyo Raises $320M in Series D Funding

Klaviyo Raises $320M in Series D Funding
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Kalviyo Adds 3M in Funding Following Surge in Demand for the Platform

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.

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DataRobot Acquires Zepl

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