Contract management firm Icertis received an investment of $80 million, almost tripling its valuation to $2.8 billion, as per the company. The latest round, Series F, was led by existing investor B Capital Group with participation from Greycroft, Meritech Capital Partners, Premji Invest, PSP Growth and e.ventures. Icertis, which works with clients such as Apple and Microsoft, has so far raised $280 million. The earlier round, two years ago, had valued the company at almost $1 billion.
Started by Samir Bodas and Manish Darda, Icertis provides cloud-based software that allows companies to manage all their contracts.
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