M12 returned to help provide series E funding for customer engagement platform developer Outreach, which has more than doubled its valuation to $1.1bn in under a year.

US-based customer engagement software provider Outreach received $114m in series E funding on Tuesday from investors including M12, the corporate venturing arm of software producer Microsoft. Hedge fund manager Lone Pine Capital led the round, which also included Meritech Capital Partners, Lemonade Capital, DFJ Growth, Four Rivers Group, Mayfield, Sapphire Ventures, Spark Capital and Trinity…

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