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Intercom raises $125 million at $1.3 billion valuation

Photo: Intercom

Intercom, a maker of software for communicating with customers, has raised $125 million in Series D funding at a valuation of $1.3 billion. Mary Meeker, a general partner at lead investor Kleiner Perkins, will join the startup's board.

Why it matters: This round more than doubles Intercom's funding to date, hinting it's gearing up for a big expansion push.