Zluri Secures $20M to Grow SaaS Management Platform
Lightspeed Venture Partners led Round, Joined by MassMutual Ventures, Endiya Partners, and Kalaari Capital
Funding Round Info:
Zluri has successfully concluded a funding round of $20 million, bringing its total raised amount to $32 million since its establishment in 2020. The Series B round, led by Lightspeed Venture Partners, included participation from existing investors MassMutual Ventures, Endiya Partners, and Kalaari Capital. With the additional funding, Zluri aims to enhance enterprise SaaSOps by expanding its Generative AI capabilities through Zluri's CoPilot, an intelligent assistant designed to improve efficiency and productivity across enterprises using no-code workflows. To achieve this, Zluri has developed a customized large language (LLM) model trained on vast amounts of data, encompassing various attributes.
About Zluri:
Zluri is a cloud-native SaaS operations platform that provides SaaS management and identity governance for contemporary businesses. Zluri engages IT and Security groups to acquire perceivability into their SaaS scene, open repeating reserve funds, and safely administer access with provisioning and de-provisioning. Zluri's innovation is fueled by a profound disclosure motor, in-constructed iPaas and its developing man-made intelligence, empowering organizations to handily explore and control complex SaaS biological systems. Zluri is committed to delivering innovative, dependable, and scalable solutions that enable organizations to optimize their SaaS usage, ensure compliance, and enhance identity governance practices. These solutions have earned the trust of more than 250 customers worldwide.
About LightSpeed Venture Partners:
LightSpeed Venture Partners works as a beginning-phase investment firm. It focuses on accelerating disruptive trends and innovations in the consumer and business markets. Lightspeed has a worldwide reach, with a presence in Silicon Valley, Israel, China, India, Europe, and Southeast Asia.
About MassMutual Ventures:
MassMutual Ventures is a multistage, global venture capital firm. They typically invest in enterprise SaaS, cybersecurity, financial technology, health tech, and climate technology companies, helping to accelerate their growth by providing capital, connections, and advice.
About Endiya Partners:
Endiya Partners is a venture capital firm based in Hyderabad, India. The firm seeks to make investments in seed to pre-series A stage companies operating in the digital transformation and healthcare sectors. Endiya Partners aims to invest in Indian product start-ups that can become globally relevant. Leveraging deep domain expertise along with vast entrepreneurial and operating experience, the Endiya team plays a key role in co-creating scalable businesses.
About Kalaari Capital:
Kalaari Capital is a venture capital investment firm based in Bangalore, India. The firm prefers to invest in seed to series A stage companies operating within the information technology, mobile, healthcare, software products and services, e-commerce, media, and clean technology sectors.