Sprinklr, a software company that helps big brands manage their social media presence online, has raised $46 million in new venture funding Tuesday, which values the company at $1.17 billion, according to a company spokesperson. Sprinklr’s existing investors Battery Ventures, Intel Capital and Iconiq Capital led the new round; Sprinklr has now taken more than $123 million in funding since it was founded in 2009.
This article originally appeared on Recode.net.