Monte Carlo closes $60M Series C on the back of rapid ARR growth
https://techcrunch.com/2021/08/17/monte-carlo-closes-60m-series-c-on-the-back-of-rapid-arr-growth/
Monte Carlo has returned to the capital well for the second time this year, adding $60 million to its accounts thanks to a new, ICONIQ Growth-led Series C. The company helps customers monitor their data inflows, finding issues and errors that could foul downstream data analysis.
The company raised a Series B earlier this year, a $25 million round led by GGV and Redpoint. Both Series B lead investors participated in Monte Carlo’s Series C, joined by Salesforce Ventures, a new investor in the company.