Salesforce Ventures, Battery Ventures led series D funding round in women-led Front at $1.7bn valuation | AltAssets Private Equity News
Summary
Never miss a story – click to sign up to AltAssets’ free daily PE newsletter The company joined list of only ten other SaaS Unicorns that are founded and led by women, according to data monitored by Crunchbase. Founded in 2013, Front helps businesses engage high-stakes conversation with team collaboration capabilities and customer data for fast, accurate and deeply personalized responses. Battery Ventures hauled in more than $3bn in March for its giant new flagship fundraise, just two years after closing its record-breaking predecessor funds in the strategy. Battery has also registered $530m towards its second Select Fund, which will look to provide additional capital to a small subset of the firm’s later-stage companies. Battery pulled in an impressive $1.25bn for its previous flagship fund and side pot in February 2018, its biggest fundraise to date at that point.
