Clarizen Closes $35M Series F Venture Funding

clarizenClarizen, a San Mateo, California and Hod Hasharon, Israel-based provider of enterprise work collaboration software, closed a $35m Series F venture funding round.

The round was led by Goldman Sachs & Co., with participation from all existing investors Benchmark Capital, Carmel Ventures, DAG Ventures, Opus Capital, and Vintage Investment Partners. In conjunction with the funding, Hillel Moerman, Co-Head, Private Capital Investing Group, Goldman Sachs, joined its board of directors while Holger Staude, also a member of PCI, will join as board observer.

The company, which has now raised $90m in total, will use the funds to expand globally, focusing on customer success, including onboarding and support, and continuing product innovation to support the enterprise market.

Founded in 2006 and led by Avinoam Nowogrodski, CEO, Clarizen provides cloud-based enterprise-class work collaboration and project management solutions that connect social context with tasks and projects.
Clarizen has more than 2,000 customers in 76 countries.



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