Cloud communications platform Dialpad Inc has raised fresh funds at a $2.2 billion valuation in a funding round led by investment firm ICONIQ Capital, riding on a boom in dealmaking in the software and technology sector.
The US$170 million round takes the company’s total capital raised so far to US$418 million and also included venture capital firms Amasia, GV and T-Mobile Ventures, Dialpad said on Thursday.
The San Francisco-based firm offers a platform that allows customers to do video meetings, messaging and the like. It counts Motorola Solutions Inc, Netflix Inc, Uber Technologies Inc and WeWork Inc among its customers.
Read more/Source: Reuters
