Business automation platform, SaaS Labs has raised $42 million in a new financing round, less than three months after closing its previous funding, and acquired two startups as it looks to aggressively grow its automation platform that serves sales and support teams at small and medium-sized businesses.

Sequoia Capital India led the company's Series B round. Our India Ventures team and Base 10 Partners, as well as entrepreneurs Anand Chandrasekaran, Allison Pickens, Michael Stoppelman and Amit Agarwal participated in the round. 

The startup has amassed more than 6,000 customers globally. Over 70% of these customers are based in the U.S. today, and 10% in the U.K. Some of its customers include Grab, GoStudent and HelloFresh.

The startup, which has been profitable for years, said it grew its revenue by 2.5 times last year.

The two acquisitions they made include — Poland-based CallPage, a callback automation tool for sales teams to connect with their leads instantly, and France-based Atolia, a productivity and collaboration tool. 

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