Zendesk Pulls in $60 Million

Zendesk, the cloud-based help desk, has gotten $60 million in added financing split between $45 million in equity and $15 million in debt.
That gives it a total of $70.5 million in equity backing since it started in 2007.
Redpoint Ventures led the D round. New investors include Index Ventures, GGV Capital and Goldman Sachs. Existing investors Charles River Ventures, Benchmark Capital and Matrix Partners also kicked in.
Silicon Valley Bank is providing the debt financing.
The start-up wanted the money for global expansion, talent and development. It’s rebuilding its widgetry from the ground up but will reportedly keep the old application around to placate customers who hate change. The remake will tie into third-party systems like Salesforce.

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