Another Indian startup CommerceIQ has become a unicorn company.
CommerceIQ is a San Francisco-based e-commerce analytics platform that deals into softwares that help ecommerce retailers sell their products more conveniently on the ecommerce platforms.
For the knowledge of our readers, unicorn startups are those startups that have a valuation above $1 billion.
CommerceIQ has become a unicorn company by raising $115 Mn in the Series D funding round led by Softbank Vision Fund 2.
Insight Partners, Trinity Ventures, Shasta Ventures, and Madrona Venture Group also participated in the round.
The Saas startup has raised funding at the valuation of $1 billion.
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