NY-Based iYogi Strikes a Bubble Pose, Raises $30 M., Teases IPO

Today the New York and India-based remote tech support company iYogi announced it raised $30 million in its latest series

Today the New York and India-based remote tech support company iYogi announced it raised $30 million in its latest series of funding, meaning it’s raised $58 million to date, according to VC Circle:

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Remote consumer tech support company iYogi has raised $30 million led by Sequoia Capital India for its series-D round of funding. The company is also planning an IPO, which could come as soon as the next six months…

“We are looking at a listing in the next 6-12 months,” said Uday Challu, CEO and founder of iYogi. He added that the company may also look at a US listing.

IYogi is interesting because it’s not the typical “outsourcing solution” favored by big coporations like Dell. Instead, the company markets itself to consumers and small businesses in the U.S., Australia, Canada and the U.K., so you can actually outsource your own tech support.

ajeffries [at] observer.com | @adrjeffries

NY-Based iYogi Strikes a Bubble Pose, Raises $30 M., Teases IPO