Chargebee Raises $18 Million in Series C Funding
The first day of spring was a bright one for Chargebee, a SaaS-based subscription management and recurring billing solution provider, who announced they had raised $18 million in Series C funding. Led by Insight Venture Partners, the funding round also included investments from past investors Accel Partners and Tiger Global Management. Total funding raised to date is now $24.7 million. The new capital will be used for product R&D, sales, marketing and aggressive expansion into newer markets and segments.
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