Venture growth investor, Iron Pillar has successfully raised US$129 million for its Series B/C stage fund to invest in global cloud software companies from India. This fund is one of the series of funds under Iron Pillar Fund II. The investors for this fund included the existing institutional investors of Iron Pillar from the US, Europe, and the Middle East, as well as new investors that includes two Endowments and a Foundation.
Iron Pillar has been investing actively in several global cloud software firms from India such as Uniphore, Servify, CoreStack, Ushur, Jiffy, Sibros, and Pando since its establishment in 2016. The newly raised fund will remain dedicated to supporting companies that are revolutionizing the global cloud ecosystem, particularly in Software as a Service (SaaS) and…
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