News

Clari raises Series D funding

October 10, 2019Client News

Gunderson Dettmer client and revenue operations platform Clari announced the closing of its $60 million Series D financing. The round of funding was led by Sapphire Ventures with participation from Madrona Venture Group, Sequoia Capital, Bain Capital and Tenaya Capital.

In the announcement of the funding Clari CEO Andy Byrne said, “With AI and automation, we’re helping our customers run their revenue process with the same level of transparency and rigor that they expect from any other critical business process, like manufacturing, logistics, or finance. The resulting impact on their business is transformational.”

The Gunderson Dettmer deal team was led by Ivan Gaviria and included Jared Mayberry, Anjuli Schlievert and Peter Jung.