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iYogi raises 30 million from Sequoia

15-December-2010
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iYogi raises 30 million from Sequoia

Gurgaon based remote tech-support company iYogi has raised $30 million (Series D) from Sequoia Capital and existing investors (i.e. Canaan Partners, SVB, SAP Partners and DFJ).

iYogi provides comprehensive direct to consumers and small business remote tech support; and has more than 200,000 consumer and small business customers across four continents for its annual subscription alone. The fresh round of funding takes the total amount to $58 million and the funding will be used to for upgradation of its technology and scaling up the distribution channels.

iYogi currently has 4000+ technology experts provide tech support to more than 200,000 annual subscribers and claims satisfaction rating of 95%. The company plans an IPO in the coming six months.
 

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