SaaS Labs has raised $42 million in a new financing round, less than three months after closing its previous funding, and acquired two startups as it looks to aggressively grow its automation platform that serves sales and support teams at small and medium-sized businesses.
Sequoia Capital India led SaaS Labs’ Series B round. Base 10 Partners and Eight Roads Ventures, two existing backers, as well as entrepreneurs Anand Chandrasekaran, Allison Pickens, Michael Stoppelman, and Amit Agarwal participated in the round. The new funding follows California and Noida-headquartered startup’s $18 million Series A raise in October.
For big businesses and enterprises, scores of tools exist to bring more efficiency in their sales and support operations. But the same isn’t true of small and medium-sized businesses. That was the learning Gaurav Sharma walked away with at his previous venture, called HelloSociety, in the US. (The firm…
