Rokt Secures $Usd325 Million Series E Funding Round, Led By Tiger Global
Dec 16, 2021•over 3 years ago
Amount Raised
$325 Million
Round Type
series e
Description
Rokt, the leading ecommerce technology using AI and machine learning to make transactions more relevant to each shopper, today announced that it has closed a USD$325 million Series E funding round led by Tiger Global, bringing the company's valuation to USD$1.95 billion. The tech unicorn will use the new funding to invest in R&D, international expansion and strategic acquisitions. Other participants in the round included Wellington Management, Whale Rock Capital Management, Pavilion Capital and existing shareholder Square Peg.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech