Tech Firm Secures $ 48 Million Series C Funding – WISH-TV | Indianapolis News | Indiana weather
by: Alex Brown, Inside INdiana Business
Posted: / Update:
INDIANAPOLIS (Inside INdiana Business) – A California tech company with a growing presence in Indianapolis has closed a $ 48 million Series C funding. Celigo, which markets itself as an integration platform-as-a-service provider, said it will use the funding to accelerate its global expansion and increase its ability to go to market.
The funding round was led by OMERS Growth Equity of Toronto, with participation from NewSpring Capital of Pennsylvania.
Celigo says its platform is designed to help businesses connect their apps and better automate their business. In February, the company detailed plans invest nearly $ 1.2 million to open an office in Indy and create up to 150 jobs by the end of 2024.
Celigo says it has already hired 50 employees at Indy and plans to add 10 more by the end of the year.
“We are already hiring at an accelerated pace throughout 2021,” a Celigo spokesperson said in a statement to Inside INdiana Business. “We will continue to seek out the best people in the world who embody Celigo’s values and can help us achieve our ambitious goals. Hiring will be large as we tailor the marketing, customer experience, and product development to meet market opportunities for automation.
Indy’s office is Celigo’s third location in North America.