Existing investors Tiger Global and Steadview Capital also participated in the funding round
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Founded in 2011, San Francisco-based SaaS (software as a service) startup Chargebee has secured USD55 million in Series F funding round led by Insight Venture Partners with participation from its continuing shareholders Tiger Global and Steadview Capital.
The company had last raised USD14 million in Series F funding round led by Steadview Capital in August 2019.
“We believe that a steady SaaS-i-fication of the market is already underway with traditional businesses replicating the best practices of SaaS pricing and business models even outside the realm of software. Subscription businesses today have to be ready at all times to identify