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Clari Closes $35 Million in New Funding

Clari Closes $35 Million in New Funding
Credit: clari.com

Clari, a leading provider of AI solutions for sales, today announced it has closed $35 million in financing, led by Tenaya Capital. Thomvest Ventures and Blue Cloud Ventures, as well as existing investors Sequoia Capital, Bain Capital Ventures and Northgate Capital, also participated.

According to the company, Clari tripled its customer base in 2017 with notable new customers including Adobe, Audi, Check Point Software, Equinix, Epicor Software Corporation, GE, and PerkinElmer. Gartner named Clari a 2017 Cool Vendor and the review site G2 Crowd ranked Clari among the Top 100 Software Companies, Top 50 Mid-Market Companies and Top 25 Silicon Valley Companies.  

The new capital will be used to scale sales and marketing and to accelerate product innovation for Clari’s AI-based opportunity-to-close solutions, which aim to drive better and more predictable sales execution and forecasting.