Apttus, a San Mateo, CA-based Quote-to-Cash and Contract Lifecycle Management technology company, raised $55M in Series E funding.
The round, which remains open to additional investment for a short period of time, was led by Premji Invest, with participation from Wipro Limited chairman Azim Premji, and existing investors Salesforce Ventures, K1, and Iconiq.
The company has raised $329M in total funding to-date.
Led by Kirk Krappe, Chairman and CEO, Apttus provides a SaaS based Quote-to-Cash and Contract Lifecycle Management technology platform powered by Salesforce and Microsoft Azure.
The company also operates Max, an artificial intelligence agent, which, powered by machine learning, uses a conversational interface to simplify enterprise applications, including Configure Price Quote, Contract Lifecycle Management, E-Commerce, Billing Management, Revenue Recognition, Deal Management, Order Management, Promotions Management, Incentive Compensation Management, Rebate Management, and X-Author.
The company has over 1,100 employees and over 600 customers.