Clari, a revenue operations platform, secured $150 million in a Series E investment round, which brings its total funding to $285 million. The round was led by global technology investment firm Silver Lake.
Clari is currently valued at $1.6 billion. With the additional capital, the company plans to invest heavily in the acceleration of its product development to deliver greater go-to-market strategies that drive revenue. Clari will also use the funding to expand its brand globally and further develop its partnership ecosystem.
"Clari became even more strategic for revenue teams in the pandemic year, as the need for visibility and control over the revenue process became essential," said Andy Byrne, CEO at Clari, in a statement. "The transparency and rigor of a modern revenue operations approach allowed Clari customers to quickly pivot their go-to-market strategies to respond to changing market conditions. Over the last year, we've seen record usage and engagement with our platform, as revenue teams established more accountability and discipline across their different channels."