Summary:
Hightouch, a platform that helps companies synchronize customer data across different back-end databases and systems, has raised $38 million in a funding round, valuing the startup at $615 million. The company was founded in 2020 by Kashish Gupta, Tejas Manohar, and Josh Curl, who lived together in a “hacker house” in San Francisco’s Mission District.
Key Points:
Here are the key points from the article:
– Hightouch has raised $38 million in a funding round, bringing the total valuation of the startup to $615 million.
– The platform helps companies sync customer data across various back-end databases and systems.
– The company was founded in 2020 by Kashish Gupta, Tejas Manohar, and Josh Curl.
– The founders lived together in a “hacker house” in San Francisco’s Mission District.
– Hightouch aims to simplify the process of syncing customer data, allowing companies to have a unified view of their customers.
– The funding round was led by Tiger Global, with participation from Y Combinator, Afore Capital, and others.
– Hightouch plans to use the funding to expand its team and further develop its product.
Hot Take:
Hightouch’s ability to synchronize customer data across different databases and systems is a valuable solution for companies looking to streamline their operations. The startup’s impressive funding round and high valuation indicate strong investor confidence in its potential. With this new capital, Hightouch can continue to innovate and grow, providing even more value to its customers.
Conclusion:
Hightouch’s recent funding round of $38 million has positioned the startup as a major player in the customer data synchronization space. With its innovative platform and a growing team, Hightouch is well-equipped to help companies achieve a unified view of their customers and improve their overall operations. The funding will undoubtedly fuel the company’s growth and pave the way for further success in the future.
Original article: https://techcrunch.com/2023/07/19/hightouch-which-helps-companies-sync-customer-data-across-systems-lands-38m/
