Tech Company Financing Transactions
Zylo Funding Round
Bessemer Venture Partners, GGV Capital and High Alpha joined a $9.3 million Series A funding round for Zylo. The round was announced on 1/24/2018.
Transaction Overview
Company Name
Announced On
1/24/2018
Transaction Type
Venture Equity
Amount
$9,300,000
Round
Series A
Investors
Bessemer Venture Partners (Lead Investor) (Byron Deeter)
Proceeds Purpose
Zylo will use the funds to significantly grow its entire team, with a priority on the customer success and engineering teams, as well as expand its platform, which provides transparency for the enterprise to discover all SaaS software applications, manage complex renewals, measure real-time utilization and optimize software licenses for every SaaS subscription in the organization.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
55 Monument Cir.
Indianapolis, IN 46204
USA
Indianapolis, IN 46204
USA
Phone
Undisclosed
Website
Email Address
Overview
Organizations are adopting SaaS subscriptions and cloud apps faster than ever, but have no visibility into what they pay for and use. Zylo provides visibility and control into one of your biggest investments.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eric Christopher
VP - Client Services
Cory Wheeler
VP - Engineering
Ryan Carroll
VP - Human Resources
Julie Barker
VP - Marketing
Amy Condle
VP - Product Management
Benjamin Pippenger
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Next: 1/24/2018: Stem venture capital transaction
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Where The Data Comes From
Our team works diligently to report on all VC transactions involving tech companies. All VC database entries reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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