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Freshworks listed on Nasdaq, Mirakl closes Series E at $555 million and more

SaaS news this week (18th September 2021- 24th September 2021): Freshworks listed on Nasdaq, Mirakl closes Series E at $555 million and more
Freshworks listed on Nasdaq, Mirakl closes Series E at $555 million and more

Freshworks listed on Nasdaq

Founded in 2010, Freshworks became the first Indian SaaS to be listed on Nasdaq. The company raised over a billion dollars in an IPO.

Mirakl closed a new Series E funding round of $555 million

Mirakl is now valued at $3.5 billion. Silver Lake is leading the investment, with existing investors 83North, Elaia Partners, Felix Capital and Permira also participating. 

Some of Mirakl’s clients include ABB, Accor, Airbus Helicopters, Carrefour, Express, Leroy Merlin, The Kroger Co and Toyota Material Handling.

Progress acquires Kemp in a $258M deal

Progress signed a definitive agreement to buy privately held Kemp for $258 million. Progress will now expand to Application Experience Management in its portfolio as a result of this acquisition. This was a $258 million all-cash deal. 

Business Canvas, a document management SaaS company, closed $2.5M seed round

Business Canvas, company behind Typed, raised a $2.5 million seed round led by Mirae Asset Venture Investment, with participation from Kakao Ventures and Nextrans Inc. It is targeted at accelerating product development and the global launch of an open beta for its AI-powered document management platform. 

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