Braze has more than doubled its valuation in the space of a year after the customer engagement platform raised $ 80 m in its latest funding round. The investment, led by Meritech Capital Partners and supported by Lyft and Cross Creek , values the company at $ 850 m. Braze has one trillion brand customers, including Microsoft , Lyft and Microsoft . It processed over 500 engagement events in Q2 2018 and has more than 1.5 billion monthly active users around the world. The funding from the series Meritech focuses on investments in leading technology brands, and has previously contributed funding to Facebook, MuleSoft and Salesforce. " E round will, among other things, help the company to develop new products and expand into additional regions.
Braze has more than doubled its valuation in the space of a year after the customer engagement platform raised $ 80 m in its latest funding round. The investment, led by Meritech Capital Partners and supported by Lyft and Cross Creek , values the company at $ 850 m. Braze has one trillion brand customers, including Microsoft , Lyft and Microsoft . It processed over 500 engagement events in Q2 2018 and has more than 1.5 billion monthly active users around the world. The funding from the series E round will, among other things, help the company to develop new products and expand into additional regions.