(Reuters) – Marketing software startup Seismic said on Tuesday it had raised $92 million in Series F funding led by private equity firm Permira, valuing it at $1.6 billion.
The deal makes Permira the single largest shareholder of San Diego-based Seismic. Other investors in the round includes investment firm Ameriprise Financial and EDBI, a Singapore-based global fund.
(Reporting by Tiyashi Datta in Bengaluru; Editing by Maju Samuel)