SoftBank fund leads $90 mn Series-D round in SaaS startup Whatfix

Valuation of Bengaluru-based startup triples to touch $600 mn

SaaS startup Whatfix, which helps enterprises accelerate the adoption of software applications, has raised $90 million in a Series D funding led by SoftBank Vision Fund 2. Eight Roads Ventures, Sequoia Capital India, Dragoneer Investment Group, F-Prime Capital and Cisco Investments also participated in the round.

The Bengaluru-based startup has raised $139.8 million so far and the company’s valuation has increased three times with the latest fundraise, touching $600 million.

The company will be investing the funds to continue growing its stronghold in the US market, while accelerating global expansion into new markets such as Asia Pacific and Europe. Currently