Iron Pillar logs final close of $129 million cloud, SaaS fund

Venture capital investor Iron Pillar, which has backed the likes of FreshToHome, Uniphore, Servify and Curefoods, has closed a $129 million fund that will be focussed on making investments in global cloud software companies from India.

In an interaction with ET, Iron Pillar’s managing partner Anand Prasanna said the fund will look at investing in growth stage startups including Series B, Series C rounds with an emphasis on software-as-a-service (SaaS) and cloud infrastructure segment including investment themes such as cyber security and governance, DevOps tools, future of work and education, and automation.