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Productboard Raises $125M In Series D Funding To Scale Its Leading Product Management Platform To Help Companies Build The Right Digital Products

Feb 02, 2022•over 3 years ago

Amount Raised

$125 Million

Round Type

series d

San Francisco

Description

Productboard, the customer-centric product management platform that helps teams get the right products to market faster, today announced it has closed $125M in Series D funding. The round, led by Dragoneer Investment Group with Tiger Global as the secondary lead investor, includes additional participation from existing investors Bessemer Venture Partners, Sequoia Capital, Kleiner Perkins, Index Ventures, and Credo Ventures. This latest funding round brings Productboard's total amount raised to $262 million and a valuation of $1.725 billion. The investment will support and scale product offerings for Productboard's growing base of enterprise customers, fuel hiring efforts, and continue to position the company as the leader in the product management software space.

Company Information

Company

Productboard

Location

San Francisco, California, United States

About

Productboard is a customer-centric product management platform that helps organizations get the right products to market, faster. Over 5,400 companies, including Microsoft, Zoom, 1-800-Contacts, and UiPath, use Productboard to understand what users need, prioritize what to build next, and rally everyone around their roadmap. With offices in San Francisco, Prague, and Vancouver, Productboard is backed by leading investors like Dragoneer Investment Group, Tiger Global Management, Index Ventures, Kleiner Perkins, Sequoia Capital, Bessemer Venture Partners, and Credo Ventures. Learn more at productboard.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech