Redpoint Ventures, Index Ventures, GGV Capital, Goldman Sachs and existing backers have invested $45m in customer service software provider Zendesk, alongside a $15m facility provided by Silicon Valley Bank.
Company has so far added on three companies and used its cashflow to acquire them
Responsible & Sustainable Corporate Turnaround Fund intends to support the recovery of Italian companies
Sale ends a three-year holding period for the GP, which invested in the company via its seventh fund
Ireland-based enterprise procurement software company is also backed by Paua Ventures