Zylo Raises Additional $5M in Series C Funding

Zylo, an Indianapolis, IN-based SaaS Management company, raised additional $5M in Series C funding. Zylo announced the first tranche of its $31.5M Series C raise in November. The company intends to use the funds to accelerate growth and expand operations. Led by CEO Eric Christopher, Zylo specializes in SaaS Management enabling companies such as Adobe, Atlassian, Coupa, Doordash, Intuit, Slack, Salesforce, and Yahoo to control the costs and risks of SaaS while improving software adoption by employees and driving innovation. Alongside the platform, Zylo offers a suite of spend optimization services to drive cost savings while freeing up resources, implementing a proven approach to manage SaaS negotiations from end to end.