Klaviyo Raises $200 Million in Series C Funding to Accelerate Growth for Superior E-Commerce Experiences & Owned Marketing Results
Klaviyo Raises $200 Million in Series C Funding to Accelerate Growth for Superior E-Commerce Experiences & Owned Marketing Results
11/17/20, 5:04 PM
Location
Money raised
$200 million
Round Type
series c
Klaviyo, a customer data and marketing platform for online businesses, today announced it has raised $200 million in Series C funding, led by Accel with participation from existing investor Summit Partners. The new financing brings Klaviyo’s total funding to date to $358.5 million. The investment will help further fuel Klaviyo’s rapid growth through R&D, hiring, increased sales, customer support and international expansion. The company also announced it has added Accel’s Ping Li to its board.
Company Info
Company
Klaviyo
Location
boston, massachusetts, united states
Additional Info
Klaviyo is a world leading owned marketing platform dedicated to accelerating revenue for online businesses. Klaviyo makes it easy to store, access, analyze and use transactional and behavioral data to power highly-targeted customer and prospect communications. Over 50,000 innovative companies like Unilever, Custom Ink, and Huckberry sell more with Klaviyo. Learn more at www.klaviyo.com.