Zluri Raises $10 Million in Latest Funding Round to Bolster its SaaS Platform

Zluri’s SaaS management platform has announced that it has raised $10 million in a Series 1 funding round, enabling the company to use the additional capital to continue its growth momentum and further enhance its product capabilities.

The funding round was led by MassMutual Ventures with the participation of existing investors, Endiya Partners and Kalaari Capital. Zluri previously raised $2 million, from Endiya Partners and Kalaari Capital, in its initial round in January 2021. The company also plans to double the difference in its core markets, in Asia and North America.

“We are pleased to welcome Mass Mutual Ventures as our new partner with Series A funding. Over the past 12 months, we have seen global adoption of SaaS management platforms increase at an accelerating pace. “Our rapid growth in this category can be attributed to our product innovation and unparalleled customer support,” said Ritesh Reddy, co-founder of Zluri. “We have made significant investments in the One-Click Automation Engine, helping IT teams to streamline and automate workflows across the enterprise thereby helping them effectively manage, improve, and secure their technology pools. We will continue our investments to expand our leadership in this area and the current round of funding will help us further accelerate Our global growth and product innovation.”

Zluri’s comprehensive SaaS management platform for IT teams helps companies discover, manage, improve, secure, and automate SaaS applications from a single dashboard.

Zluri has brought the IT team back into control of their new SaaS-ified landscape. Zluri has the industry’s most comprehensive application discovery engine and largest library of over 600 in-depth live integrations, according to the company.

Zluri has added more than 100 new customers from North American and Asian markets in the past year and has big brands such as Chargebee, MoEngage, Guesty and Whatfix as customers. The Zluri was recently awarded the G2 High Performanceer Winter 2022 and Recommended Tool in the SaaS Management Platform category by Software Advice for 2021.

For more information on this news, visit www.zluri.com.

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