Chargebee, a startup offering subscription and recurring revenue management services, has raised $125 million in funding. :
Subscription and recurring billing tools provider Chargebee today said that it raised $125 million in series G funding co-led by Sapphire Ventures, Tiger Global, and Insight Venture Partners. With the fresh round of capital, which values Chargebee at $1.4 billion post-money, the company says that it plans to increase its investments in expansion and partnerships, setting the stage for an IPO.