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Saas Startup Facilio Secures Series A Funding From Tiger Global

by techcircle.vccircle.com posted 1month ago 35 views
Facilio, a company which makes facility management software, has raised $6.4 million (around Rs 45 crore at current exchange rates) in a Series A round of funding led by US-based investment firm Tiger Global. The Atlanta and Chennai-based company said in a statement that existing investor Accel had also participated in the round. Facilio said the fresh capital will help the company further consolidate and strengthen its presence across the Middle East, US, and Indian markets, as well as expand into new territories.

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