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Latham & Watkins Advises CDPQ on CleverTap’s Series D Round
August 16, 2022
Funding aims to support company's global expansion.
Latham & Watkins has advised global investment group Caisse de dépôt et placement du Québec (CDPQ) as lead investor on the US$105 million Series D funding round of CleverTap, a leading global B2B SaaS platform for customer engagement and retention. CDPQ committed US$75 million, with participation from IIFL AMC’s Tech Fund, along with existing investors Tiger Global and Sequoia India. The funds will be used to support CleverTap’s global expansion and enhance the development of its world-class solutions and technology.
The Latham team was led by Singapore corporate partner Sidharth Bhasin and Bay Area/New York partner Joshua Dubofsky, with Hong Kong associates Bing Xi Sia, Heidi Lui, and Till Lembke.