Kustomer raises $60 million in funding amid spin-out from Meta Platforms

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Kustomer raises $60 million in funding amid spin-out from Meta Platforms
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Meta Platform Inc's customer relationship management (CRM) platform Kustomer said on Tuesday it had raised $60 million in financing as it spins out of the Facebook parent.The Instagram owner has been focusing on its business-messaging offerings, including monetization opportunities for WhatsApp, in a bid

Meta Platform Inc's customer relationship management platform Kustomer said on Tuesday it had raised $60 million in financing as it spins out of the Facebook parent.

Kustomer sells CRM software for businesses to communicate with consumers by phone, email, text messages, WhatsApp, Instagram and other channels. It had seen usage soar during the COVID-19 pandemic.

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