Deutsche Telekom Capital Partners has invested $10m in CRM software provider PipeDrive, enabling the company to close its series C round.

US-based sales software producer PipeDrive completed a $60m series C round yesterday with a $10m investment by telecommunications firm Deutsche Telekom, through its Deutsche Telekom Capital Partners (DTCP) unit. The extra funding was added to a $50m first tranche in June this year that was led by Insight Venture Partners and backed by fellow venture…

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