Israel-based startup Frontegg raises $40 million to grow its user management service

Techloy -

Tel-Aviv-based startup Frontegg, a user management service for B2B apps, has raised a $40 million Series B round led by Stripes and Insight Partners.

  • Frontegg, which wants to simplify customer management for SaaS providers, plans to use the new funding to expand its product offerings, invest in its infrastructure and scale its R&D.
  • The startup, which last raised $25 million in a Series A round in December 2021, has now raised $70 million in total funding to date.
  • Pitango First, Global Founders Capital, and i3 Equity also participated in this Series B round.