Clari, a Sunnyvale, Calif.-based revenue operations company, closed a $150m Series E funding.
The round, which brought the company’s total valuation to $1.6 billion and total funding to date to $285m, was led by Silver Lake, with participation from B Capital Group and existing investors Sequoia Capital, Bain Capital Ventures, Sapphire Ventures, Madrona Ventures, Thomvest, and Tenaya Capital.
The company will use the funds to accelerate product development, expand ecosystem partnerships and drive global expansion.
Andy Byrne, CEO, Clari provides a platform that gives revenue teams visibility into their business, to drive process rigor, spot risk and opportunity in the pipeline, increase forecast accuracy, and drive overall efficiency. Thousands of sales, marketing, and customer success teams at companies including Okta, Adobe, Workday, Zoom, Finastra, 3D Systems, Drift, Fivetran, iCIMS, Podium, SentinalOne, Talend, BigCommerce, Databricks, DataRobot, HashiCorp, Qualtrics, Sumo Logic, UiPath, Unity Technologies, and others, use the company’s execution insights to improve their revenue process.
Over the course of 2020, Clari added blue chip customers, processed and analyzed over 1 trillion revenue data points, and delivered multiple innovations through its platform.