Index Ventures leads Series B round for Instabase

Instabase, a platform company for business applications, has raised $105 million in Series B funding. Index Ventures led the round with participation from other investors that included Greylock Partners, New Enterprise Associates, Andreessen Horowitz, Spark Capital, Tribe Capital, SC Ventures and Glynn Capital. In addition to the funding, Sarah Cannon, a partner at Index Ventures, will join Instabase’s board of directors.

Source: Press Release