Clarizen

SoftwareSeries FMilpitas, USclarizen.com

Latest round

Series F

Last raised

May 2014

Total raised

$74M

Investors

6

About Clarizen

Clarizen Inc.Clarizen Inc. is a provider of project portfolio management software that focuses on optimizing organizational workflows and resource allocation. Founded in 2006 in Milpitas, California, the company was acquired by Planview, Inc. in February 2021 from K1 Investment Management, which retained a minority stake.00 mn.Planview AdaptiveWork offers a comprehensive project portfolio management software solution designed to empower organizations of all sizes to manage their workflows effectively and respond to changes in real-time. The core product integrates functionalities such as resource management, financial tracking, risk management, and collaboration tools, enabling teams to streamline their project execution processes. Released as a rebranded version of Clarizen, the platform caters to a diverse client base that includes sectors like healthcare, technology, manufacturing, and services. End users of the software typically include project managers, team leaders, and executives who require visibility into project statuses and resource allocations to enhance decision-making.While specific revenue figures for Planview AdaptiveWork are not disclosed, the company's revenue structure is primarily based on subscription models, enabling businesses to access the software on a recurring basis. Clients typically engage with the platform through various tiers of subscription plans, which may include different levels of service, features, and user access depending on organizational needs. Revenue is generated from transactions that involve annual or monthly subscriptions for the software, which may be combined with professional services like implementation, training, and support. This model facilitates a consistent revenue stream as organizations rely on Planview AdaptiveWork for ongoing project management and resource optimization.Clarizen plans to leverage its recent acquisition by Planview to enhance its product offerings and expand its market reach. In addition, the company intends to target growth in the Asia-Pacific region and deepen its presence in Europe by the end of 2022, capitalizing on the increasing demand for efficient project management solutions. The company's strategic focus will be on refining its adaptive work capabilities and improving client engagement through advanced integrations.

Who invested in Clarizen

6 investors across 5 rounds

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Funding rounds

  1. Series F

    May 21, 2014

    Amount

    $35M

    Investors

    Locked

  2. Series E

    Jun 5, 2012

    Amount

    $12M

    Investors

    Locked

  3. Series D

    Apr 28, 2011

    Amount

    $12M

    Investors

    Locked

  4. Series C

    Dec 14, 2009

    Amount

    $8M

    Investors

    Locked

  5. Series A

    Dec 4, 2006

    Amount

    $7M

    Investors

    Locked

Questions about Clarizen

Who invested in Clarizen?

Clarizen has 6 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Clarizen raised?

Clarizen has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Clarizen last raise money?

Clarizen's most recent round on record is a Series F, in May 2014.

What does Clarizen do?

Clarizen is a software company.

Where is Clarizen headquartered?

Clarizen is headquartered in Milpitas, US.

Which VCs invest in companies like Clarizen?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Clarizen's stage. Their profiles are linked below.

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