The funding round values the company at more than $1 billion. Sprinklr has raised $123.5 million to date.
Software developer Andrea Rosengard and Public Technologies Multimedia Inc. have agreed to settle a patent infringement suit that Rosengard filed against Public Technologies and six of its customers.
Under the terms of the settlement, Rosengard granted Public Technologies Multimedia a non-exclusive license covering the items in dispute. The settlement also covers Public Technologies customers who were defendants in the action, including JCPenney, Land's End and Federated Department Stores.
Rosengard, known in the fashion industry as Andrea Rose, holds a patent for virtual dressing room software known as StyleFitter. She is founder and CEO of Fashion Integration Technology. Public Technologies Multimedia Inc. is the developer of Web personalization technology known as My Virtual Model.
No other terms of the agreement were disclosed.