Zylo Raises Additional $5M in Series C Funding
Summary
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.
Funding
Amount
$5.0M
Total raised
Date
February 16, 2023
Announcement date
Investors
-
Lead investors
Company
-
Funded company
Classifications
industries
No industries detected
applications
Accounting and Taxes
AskAI Classifications
Labels
SaaS Management
Software Asset Management
SaaS License Management
Linked Companies
Zylo
$10M to $25M