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Venture Capital News: Zluri Nabs $20M Series B Funding Round

2023-07-13
SANTA CLARA, CA, SaaS operations platform Zluri today announced a $20 million Series B funding round.
Large companies are typically using over 1100 SaaS applications to run their operations and the number of companies adopting this trend is rapidly growing 20% every year but this presents a number of risks. Helping them manage their SaaS estates and mitigate risks, SaaS operations(SaaSOps) platform Zluri is today announcing a $20M funding round. The Series B funding round was led by Lightspeed, with participation from existing investors including MassMutual Ventures, Endiya Partners and Kalaari Capital. The company has now raised $32m in total venture funding since 2020.

Zluri is a cloud-native SaaSOps platform enabling modern enterprises with SaaS Management and Identity Governance. Zluri empowers IT and Security teams to gain visibility into their SaaS landscape, unlock recurring savings, & securely govern access with provisioning and de-provisioning. Zluri's technology is powered by a deep discovery engine, in-built iPaas and its evolving AI, enabling companies to easily navigate & control complex SaaS ecosystems. Trusted by over 250 global customers, Zluri is committed to delivering innovative, reliable, and scalable solutions that empower organizations to optimize their SaaS usage, ensure compliance, and enhance identity governance practices.
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