Zenoti, a Mercer Island, WA-based provider of a cloud management platform for the spa and salon industry, raised $15m in Series B funding.
The round was led by Norwest Venture Partners with participation from returning investor Accel Partners.
The company, which has received $6m in funding, intends to use the funds to expand its market share growing into the fitness and yoga space, product innovation and talent acquisition.
Led by Sudheer Koneru, CEO, and Dheeraj Koneru, Zenoti provides a cloud-based management solution for the spa and salon industry to manage every aspect of a business from online appointment bookings, to billing through a POS, CRM, inventory management, marketing automation, etc.
Zenoti currently serves thousands of spas and salons in over 30 countries.
The company has 7 offices globally, in the cities of Seattle, Sydney, Jakarta, Kuala Lampur, Manila, Hyderabad, and Dubai.
FinSMEs
11/08/2016