Zylo has filed a notice of an exempt offering of securities to raise $36,657,490.00 in Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Zylo is raising $36,657,490.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Eric Christopher played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Zylo
As the world leader in SaaS Management and Optimization, Zylo enables companies to organize, optimize, and orchestrate SaaS. Organizations such as Adobe, Atlassian, Coupa, Doordash, Hootsuite, Intuit, Slack, Salesforce and Verizon Media leverage Zylos enterprise-proven technology and unparalleled SaaS Management expertise to control the rising costs and risks of SaaS, while improving the software experience for employees. Zylos patent-pending, AI-powered Discovery Engine provides continual, frictionless monitoring of SaaS spend, licenses, and usage to create the industrys most accurate SaaS system of record. With more than 30 million SaaS licenses and $25 billion in SaaS spend under management, Zylo is fueled by more data than any other provider, and delivers actionable insights and automated workflows that enable IT and Finance teams to effectively and efficiently manage and optimize their growing SaaS portfolios.
To learn more about Zylo, visit http://zylo.com/
Contact:
Eric Christopher, Chief Executive Officer
317-350-4466
https://www.linkedin.com/in/echristopher/
SOURCE: http://www.intelligence360.io
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