SAN FRANCISCO, CA, Provus, provider of an automated services quoting solution, today announced it has raised $12 million in Series A funding.
Norwest Venture Partners led the round with returning participation from angel investors Accel Partners and Storm Ventures, and new investment from Firebolt Ventures. The funding will help Provus strengthen its product and engineering teams and scale its sales and marketing functions.
Provus provides SaaS solutions to automate Services CPQ processes. Its unique AI-powered technology helps enterprise customers to accelerate turnaround time, grow deal sizes, and increase win probability faster - all while improving gross margins and mitigating compliance risk. Provus is an approved Salesforce AppExchange Partner.
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