Clari snags $60M Series D on valuation of around $500M

INSUBCONTINENT EXCLUSIVE:
Clari uses AI to help companies find key information like the customers most likely to convert, the state of orders in the sales process or
the next big sources of revenue
As its revenue management system continues to flourish, the company announced a $60 million Series D investment today.Sapphire Ventures led
the round with help from newcomer Madrona Venture Group and existing investors Sequoia Capital, Bain Capital Ventures and Tenaya Capital
pegged at around a half a billion, appears to be a hefty raise from what the company was likely valued at in 2018 after its $35 million
Series C
refuse
motivating these companies to invest is that Clari is helping to define this revenue operations category, and has attracted companies like
Okta, Zoom and Qualtrics as customers
is looking for
Calif
It has more than 300 customers and just passed the 200 employee mark, a number that should increase as the company uses this money to begin