Front said Tuesday it raised $65 million in a Series D financing round that values the software-as-a-service company in the customer relationship business at $1.7 billion. Salesforce Inc.’s Salesforce Ventures unit led the financing, along with Battery Ventures. PagerDuty Inc. CEO Jennifer Tejada, Sequoia Capital, Threshold Ventures and Uncork Capital also paid undisclosed sums to participate in the investment round. Front is led by founder and CEO Mathilde Collin and operates out of a San Francisco headquarters. Collin joins a list of 10 other women to found and hold the role as chief executive at both public and private SaaS company valued a more than $1 billion dollars, Front said, citing data from Crunchbase.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
