Rocketlane Soars to New Heights with $24M Series B Funding Round
June 26, 2024, 3:45 am
Location: India, Tamil Nadu, Chennai
Employees: 5001-10000
Founded date: 2010
Total raised: $250M
Location: United States, California, Menlo Park
Employees: 11-50
Founded date: 2006
Rocketlane, a dynamic B2B SaaS platform, has recently announced a significant milestone in its journey towards innovation and growth. The company has successfully raised $24 million in its Series B funding round, with prominent investors such as 8VC, Matrix Partners India, and Nexus Venture Partners leading the charge.
This latest infusion of capital will enable Rocketlane to accelerate its AI roadmap, paving the way for the development of advanced features and capabilities that will revolutionize client project delivery. By leveraging cutting-edge technology and a customer-centric approach, Rocketlane aims to enhance the overall experience for both internal teams and external clients, setting a new standard in the industry.
Founded in 2020 by a team of seasoned professionals including Srikrishnan Ganesan, Vignesh Girishankar, and Deepak Bala, Rocketlane has quickly established itself as a leader in the competitive SaaS landscape. The company's purpose-built PSA and client onboarding platform has garnered praise from enterprises worldwide, with over 500 customers already benefiting from its innovative solutions.
Rocketlane's commitment to excellence and continuous improvement has not gone unnoticed, as evidenced by its impressive revenue growth and customer acquisition over the past year. The company's strategic focus on replacing outdated PSA tools with a more efficient and user-friendly platform has resonated with businesses seeking to streamline their operations and drive better outcomes.
As Rocketlane sets its sights on the future, the company remains dedicated to expanding its reach and making a lasting impact on the industry. With a strong foundation built on innovation, collaboration, and customer satisfaction, Rocketlane is poised to redefine the way businesses approach client project delivery and drive success in a rapidly evolving digital landscape.
This latest infusion of capital will enable Rocketlane to accelerate its AI roadmap, paving the way for the development of advanced features and capabilities that will revolutionize client project delivery. By leveraging cutting-edge technology and a customer-centric approach, Rocketlane aims to enhance the overall experience for both internal teams and external clients, setting a new standard in the industry.
Founded in 2020 by a team of seasoned professionals including Srikrishnan Ganesan, Vignesh Girishankar, and Deepak Bala, Rocketlane has quickly established itself as a leader in the competitive SaaS landscape. The company's purpose-built PSA and client onboarding platform has garnered praise from enterprises worldwide, with over 500 customers already benefiting from its innovative solutions.
Rocketlane's commitment to excellence and continuous improvement has not gone unnoticed, as evidenced by its impressive revenue growth and customer acquisition over the past year. The company's strategic focus on replacing outdated PSA tools with a more efficient and user-friendly platform has resonated with businesses seeking to streamline their operations and drive better outcomes.
As Rocketlane sets its sights on the future, the company remains dedicated to expanding its reach and making a lasting impact on the industry. With a strong foundation built on innovation, collaboration, and customer satisfaction, Rocketlane is poised to redefine the way businesses approach client project delivery and drive success in a rapidly evolving digital landscape.