Intercom Hits $1 Billion-Plus Valuation With Backing of Kleiner Perkins’ Mary Meeker

Venture Capital firm leads $125 million funding round for business-to-customer messaging startup
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Intercom, a messaging startup that makes it easier for companies to sell things to customers, just sold a pricey stake in itself.

The company's latest funding round of $125 million, led by Mary Meeker of venture firm Kleiner Perkins Caufield & Byers, values Intercom at $1.275 billion. That brings it into the elite group of about 200 startups known as "unicorns," meaning their valuation is $1 billion or more.