A consortium of investors led a $125m Series G round in Chargebee.

A consortium of investors, co-led by new investor Sapphire Ventures and existing investors Tiger Global and Insight Partners, along with participation from another existing investor, Steadview Capital, led a $125m Series G round in Chargebee, a subscription billing and revenue management platform. "As the global shift to subscription-first models continue to grow in popularity, Chargebee has an incredibly bold vision for new products for multiple market segments. After years of knowing them, I've been most impressed by their thoughtfulness and execution in building Chargebee as the emerging category leader that is reinventing the broader space," Rajeev Dham, Sapphire Ventures Partner.