SaaS Unicorn Icertis raises $150 Mn from Silicon Valley Bank
Image Credit: communication today
SaaS unicorn Icertis has raised $150 Mn from the US-based Silicon Valley Bank (SVB). The $150 Mn funding is reportedly bifurcated into $75 Mn as convertible debt and the remaining $75 Mn as a revolving credit facility. Adding the latest funding, the startup has raised a total of $520 Mn. The development comes five days after Icertis secured a $75 Mn debt funding round.