Clarizen Seals $12M In Fresh Capital
Clarizen, an Israeli developer of work execution software, has closed on $12 million in venture financing. Opus Capital Ventures led the round, which included participation from Benchmark Capital, Carmel Ventures and DAG Ventures. Dan Avida, a general partner at Opus Capital, will join Clarizen's board. The company will use the funds to expand its product line, and to bolster sales and marketing. The company’s work execution software aims to streamline workflow processes and provide real-time cross-project intelligence. Formed in 2005, Clarizen is based in Hod Hasharon, Israel.
28 April 2011•3 mins read
