Productboard, a San Francisco, CA-based customer-centric product management platform for teams to get the right products to market faster, announced that it raised $125 million Series D funding.
The round, which brings the total amount raised to $262m and the valuation of $1.725 billion, was led by Dragoneer Investment Group with Tiger Global with participation from existing investors Bessemer Venture Partners, Sequoia Capital, Kleiner Perkins, Index Ventures, and Credo Ventures.
The company intends to use the funds to scale product offerings for its enterprise customers and fuel hiring efforts.
Company: Productboard, Inc.
Round: Series D
Funding Month: February 2022
Lead Investors: Dragoneer Investment Group
Additional Investors: Tiger Global, Bessemer Venture Partners, Sequoia Capital, Kleiner Perkins, Index Ventures, and Credo Ventures
Company Website: https://www.productboard.com/
Software Category: Product Management software
About the Company: Led by Hubert Palan, Founder & CEO, 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. The company has offices in San Francisco, Prague, and Vancouver. Productboard also partnered with leading companies like Microsoft, Salesforce, and more to help teams integrate and collaborate.
Source: https://www.finsmes.com/2022/02/productboard-raises-125m-in-series-d-funding.html https://www.productboard.com/blog/series-d-announcement/