Enterprise tech company LoginRadius bags $17 million

Bengaluru: Jaipur-based enterprise technology company LoginRadius has raised $17 million in its Series-A funding round, which has been led by ForgePoint Capital and Microsoft’s venture fund, M12.

All existing major investors, a list that includes Real Ventures, BDC Capital and Yaletown Venture Partners, have also participated in the latest equity financing round. In connection with the funding, Forge-Point Capital and M12 will join LoginRadius’ board of directors. The funds will be used to accelerate product innovation, customer acquisition and global expansion.