Thursday, December 6, 2018

Weave Picks Up $37.5M In Series C

Lehi, Utah-based customer experience management software developer Weave announced on Thursday that it has raised $37.5M in a Series C funding round. The funding was led by Lead Edge Capital, and also included Bessemer Venture Partners, Catalyst Investors, Crosslink Capital and Pelion Venture Partners. According to Weave, it will use the new funding to expand its platform, as well as double its workforce in the next year. Nimay Mehta of Lead Edge Capital joins Weave's board of directors with the new funding. Weave has now raised a total of $58.0M in funding across three rounds.