Zylo Secures $70 Million in Funding to Revolutionize Enterprise SaaS Management and Optimization

We are thrilled to announce that Zylo has successfully raised $70 million in our latest funding round, further solidifying our position as the leader in enterprise SaaS Management and Optimization. This new investment will allow us to enhance our groundbreaking solutions that enable organizations to effectively organize, optimize, and orchestrate their software-as-a-service (SaaS) investments. Companies such as Adobe, Atlassian, Coupa, Hootsuite, Intuit, Slack, Salesforce, and Verizon Media already partner with Zylo, benefiting from our advanced technology and deep industry expertise to manage their SaaS portfolios while reducing costs and minimizing risks. At the heart of our comprehensive offering is our patent-pending, AI-powered Discovery Engine, which provides seamless, real-time monitoring of SaaS spend, licenses, and usage, creating the industry's most accurate SaaS system of record. With over 34 million SaaS licenses and $30 billion in SaaS spend managed through our platform, we leverage unparalleled data and insights to empower IT and Finance teams. This latest round of funding will help us accelerate product development, expand our capabilities, and continue delivering actionable insights and automated workflows that drive real value for our customers. As we look to the future, we are excited to further transform SaaS management and elevate the software experience for employees everywhere. For more information about our innovative solutions, visit zylo.com.