PE Fund Investments

Cloud telephony firm Exotel raises $40-M in Series D round led by Steadview

Economic Times  

Bengaluru-based cloud telephony firm Exotel has raised USD 40 million in a Series D funding round led by Steadview Capital. The company is looking to transform itself into a full-stack customer engagement platform and grow its footprint in overseas markets including the Middle East and Southeast Asia.

From the Venture Intelligence PE-VC Deal Database: Between Jul-12 and Sep-21, Exotel had raised $47-M from A91 Partners, Alteria Capital, Sistema Asia Fund, IIFL VC, Stride Ventures, Blume Ventures, CX Partners, and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)

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