Whatfix raised $90 million in Series D funding led by SoftBank

Digital adoption solutions (DAS) provider Whatfix has raised $90 million in Series D funding led by SoftBank Vision Fund 2.
VC funding in technology cos
The latest funding round also saw participation from Eight Roads Ventures, Sequoia Capital India, Dragoneer Investment Group, F-Prime Capital and Cisco Investments.

The company plans to use the funds to grow its presence in the US market while accelerating global expansion into new markets such as Asia Pacific and Europe.

Whatfix has now raised $139.8 million to date. The company currently has 500 employees across six global offices.

“This latest round of funding strengthens our position as market leaders as we plan to expand our offerings globally and continue to provide excellent customer service to businesses who look to us to guide them through their digital transformation initiatives,” said Khadim Batti, CEO and co-founder, Whatfix.

Whatfix will invest the funds in product innovation focusing on artificial intelligence (AI), enterprise solutions, and providing personalised experiences.