Sunnyvale-based predictive analytics company Clari has secured $60 million in Series D funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced on Oct. 10 and led by Sapphire Ventures.
According to its Crunchbase profile, "Clari is a connected revenue operations platform that uses automation and AI to unlock all the activity data captured in key business systems such as marketing automation, CRM, email, calendar, phone, content management, conversations and more. It automatically aligns that data to accounts and opportunities, to deliver visibility, forecasting and apply predictive insights, which results in more insight, less guesswork and more predictable revenue. Clari helps companies by changing their revenue operations to be more connected, efficient and predictable."
The eight-year-old company has raised three previous funding rounds, including a $35 million Series C round in 2018.
Over the past year, 14 Sunnyvale-based artificial intelligence companies have secured venture funding, totaling $127 million in new investment to the local industry.
In other local funding news, blockchain company StrongSalt announced a $3 million seed funding round on Sept. 26, financed by Valley Capital Partners.
According to Crunchbase, "Overnest is a startup that was founded in March 2015. We have a patent-pending, widely usable searchable encryption technology that has widely applicable use-cases. To demonstrate the feasibility and practicality of our technology, we have launched our first product Gitzero in 2016, which is the world's first and only cloud-hosted Git repository for security-minded companies with sensitive closed source."
Founded in 2015, the company has raised two previous rounds, including a round in 2018.
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