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SaaS startup Icertis raised $150 million funds from US-based Silicon Valley Bank

Icertis, a software-as-a-service (SaaS) startup, received $150 million through a revolving credit facility and convertible financing from Silicon Valley Bank, a US-based financial institution.

To help firms manage their contracts, Icertis offers contract lifecycle management software. Additionally, it helps organisations make sure that these contracts are visible and that local laws are followed. According to the business, clients have executed over 10 million contracts in 40 languages using the Icertis platform.

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