Clazar Raises $10M Series A to Modernize SaaS Sales Across Cloud Marketplaces [Yahoo! Finance]
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Source: Yahoo! Finance
SAN FRANCISCO, April 18, 2024 BUSINESS WIRE Clazar , the company powering software businesses to sell and grow revenue through cloud marketplaces (AWS, Azure, and GCP), today announced it has raised a $10 million Series A funding round led by Ridge Ventures and Ensemble VC, with participation from Saurabh Gupta, Managing Partner at DST Global, and existing investors including The General Partnership and Twin Ventures. This brings the total funding to $14 million. Founded in 2023, Clazar is backed by distinguished seed round investors, including Lenny Rachitsky, Vlad Loktev, Vinod Devan, Clara Liang, Kyle Parish, and Neha Narkhede. With cloud marketplaces expected to drive $45 billion in third-party software sales by 2025, Clazar ensures that Independent Software Vendors (ISVs) of all sizes can automate all components of their cloud sales and grow revenue through a faster, more cost-efficient route to market. In less than a year, Clazar is already serving a hundred paying customers,
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