ProoV Raises $14 Million

Enterprise IT startup ProoV announced it has secured $14 million in Series B financing. Four investors contributed to the round: Mangrove Capital Partners, OurCrowd, Helios Capital, and Cerca Partners.

ProoV’s goal is to bridge the gap between startups and enterprises by simplifying the proof-of-concept (PoC) process. The company’s SaaS platform streamlines the PoC process making it simple, accessible, and fast for both solution providers (startups) and solution seekers (enterprises). Using ProoV’s platform, startups and enterprises can discover each other’s needs and offerings, run PoC’s on secure testing environments, test single or multiple solutions at once, and analyze results

In its announcement, the company said ProoV will use the funding to increase its operational footprint and headcount, and continue to enhance its platform offering.