Clarizen
Enterprise Collaboration and Project Management Solutions
Company Overview
Snapshot
Founded in August 2005 by Avinoam Nowogrodski and Tanya Epstein, Clarizen operated with 51–200 employees. The company raised a total of $90,000,000 across 7 funding rounds from 7 investors. Clarizen was acquired by Planview in January 2021.
Business overview
Clarizen develops enterprise-class work collaboration and project management solutions, leveraging cloud technology to enhance efficiency and productivity. Its core offerings aim to redefine enterprise collaboration by integrating social context with tasks and projects. The company's solutions are utilized by over 2,000 organizations across 76 countries, including more than 25 Fortune 500 companies, operating within the Business Software sector, specifically in IT, R&D & Data Solutions, and Project Management & Collaboration.
Strategic signal
In January 2021, Clarizen was acquired by Planview, marking a significant exit for the company and its investors. This acquisition signals a consolidation within the enterprise collaborative work management market, with Planview integrating Clarizen's offerings to expand its portfolio and market reach. For investors, this event demonstrates a successful realization of value and highlights the strategic importance of robust project and portfolio management solutions in the current business landscape.
Log in to access full profile ›Company Intelligence Q&A
- When was Clarizen acquired?
- Clarizen was acquired by Planview in January 2021.
- Who acquired Clarizen?
- Clarizen was acquired by Planview in January 2021.
- Who were the founders of Clarizen?
- Clarizen was founded by Avinoam Nowogrodski and Tanya Epstein.
- What was Clarizen's total capital raised?
- Clarizen raised a total of $90,000,000 across 7 funding rounds.
- When did Clarizen appoint its new CEO?
- In April 2020, Clarizen appointed Matt Zilli, a former Marketo and Adobe executive, as its new CEO.