Salsify, the Commerce Experience Management (CommerceXM) platform, has closed a $200 million Series F round of financing led by TPG, a global alternative asset management firm.

The round, which includes investments from Permira’s Growth Opportunities Fund, Neuberger Berman Funds, and Cap Table Coalition, brings Salsify’s valuation to $2 billion.

The new funding follows Salsify’s $155 million Series E round led by Warburg Pincus in September 2020, bringing total funding to over $450 million.

Read more: Private Equity Wire