Zluri lands Series A for SaaS management

SaaS management platform Zluri has raised $10m in Series A funding led by MassMutual Ventures.

Existing investors, Endiya Partners and Kalaari Capital also participated in the round.

Zluri had previously raised $2m, from Endiya Partners and Kalaari Capital, in its seed round in January 2021.

Founded in 2020, Zluri’s SaaS Management platform for IT teams helps companies manage and optimise SaaS applications from a single dashboard. Zluri said it “puts the IT team back in control of their new SaaS-ified landscape”.

The company said it plans to use the additional capital to continue its growth momentum and further strengthen its product’s capabilities. The company plans to double down the teams in core markets, in Asia and North America.

Ritish Reddy, co-founder of Zluri, said the company has seen global adoption of SaaS Management Platforms increase at an accelerated pace.

“We have made significant investments into our one-click automation engine, which helps IT Teams streamline and automate workflows across the organization thus helping them manage, optimize and secure their technology stacks effectively. We will continue our investments to extend our lead in this space and the current round of funding will help us further accelerate our global growth and product innovation.”

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