Source: TechCrunch
Summary
Varaha, a company that offers a platform for businesses to manage their customer data, has raised $45 million in a Series B funding round led by WestBridge Capital. The funding will be used to expand the company’s product offerings and grow its customer base. Varaha’s platform aims to help businesses unify their customer data and improve their customer experience. The company has not disclosed its valuation.
Our Reading
The announcement sounds ambitious. Varaha’s $45 million Series B round is the latest in a long line of investments in customer data management platforms. The company promises to unify customer data and improve customer experience. Because what the world really needed was another platform to manage customer data. Varaha’s funding is just another example of investors throwing money at a problem that has been “solved” many times before.
Author: Evan Null
