WSO2 Raises Approx. $3M; Closes $93M Series E Funding

UK – WSO2, a Santa Clara, CA- and London, UK – based digital transformation technology company, raised an additional $3m in Series E funding.

RedStart Labs (India), a subsidiary of Info Edge Limited (NSE: NAUKRI) made the investment which brought the total growth capital raised to $93m. Info Edge joined lead investor Goldman Sachs Asset Management Private Credit (“Goldman Sachs”), which completed the first tranche of the Series E in November 2021. Info Edge will contribute strategically to the company’s accelerated business expansion across India.WSO2, with more than 800 customers in over 90 countries, has already established a strong presence in India. Over 35 leading enterprises in India—including government agencies and global leaders in financial services, communications, healthcare and technology—rely on WSO2’s products and solutions to drive their digital journeys and deliver innovative experiences to customers. Additionally, over 100 million consumers in India are interacting with these organisations using secure digital services powered by WSO2.Led by Dr. Sanjiva Weerawarana, founder and CEO, WSO2 enables thousands of enterprises, including hundreds of the world’s largest corporations, top universities, and governments, to drive their digital transformation journeys—executing more than 18 trillion transactions and managing more than 500 million identities annually. Using WSO2 for API management, integration, and customer identity and access management (CIAM), organisations harness their APIs to deliver their digital services and applications. The company has over 900 employees worldwide with offices in Australia, Brazil, Germany, India, Sri Lanka, the UAE, the UK, and the US. 25/05/2022