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Torii raises USD50m in Series B round led by Tiger Global

Torii, an automated SaaS Management Platform (SMP), has raised USD50 million in a Series B financing led by Tiger Global Management, bringing its total funding to USD65 million.

Torii, an automated SaaS Management Platform (SMP), has raised USD50 million in a Series B financing led by Tiger Global Management, bringing its total funding to USD65 million.

Previous investors including Wing Venture Capital, Global Founders Capital, Uncork Capital, Entree Capital, and Scopus Ventures also participated in the round.

This latest round comes on the heels of Torii’s hypergrowth with revenue up more than 300% year over year thanks to customers like Instacart, Carrier Corporation, Bumble, Athletic Greens, and Palo Alto Networks.

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