Tackle.io, a Boise, Idaho-based software company dedicated to helping software providers generate revenue through the clouds, announced a $100 million Series C funding round. The round brings the company's valuation to $1.25 billion.
The round was co-led by Coatue and existing investor Andreessen Horowitz and included participation from Bessemer Venture Partners. The funding, which comes 9 months after a $35M Series B, brings Tackle's total funding to $148M.
The round will help Tackle fast-track the execution of its product roadmap and expand its global reach while furthering its mission to help software companies sell through the Cloud Marketplaces offered by AWS, Azure, GCP, and IBM / Red Hat.
Company: Tackle.io
Raised: $100.0M
Round: Series C
Funding Month: December 2021
Lead Investors: Coatue and Andreessen Horowitz
Additional Investors: Bessemer Venture Partners
Company Website: https://tackle.io/
Software Category: Cloud Marketplace Platform
About the Company: Tackle is a software company dedicated to helping software providers accelerate revenue through Cloud Marketplaces. Tackle's Cloud Marketplace Platform drastically reduces time to list and sell products on the Marketplaces while providing granular transaction reporting, all with zero engineering resources required. Tackle works with 350+ cloud leaders today, including A Cloud Guru, AppDynamics, Auth0, Fivetran, HashiCorp, Looker, McAfee, NewRelic, PagerDuty, and Talend. Tackle is available for purchase on the AWS Marketplace, Azure Marketplace, Google Cloud Platform Marketplace, and Red Hat Marketplace.
Source: https://www.prnewswire.com/news-releases/tackleio-secures-100m-series-c-funding-from-coatue-and-andreessen-horowitz-to-take-digital-software-sales-mainstream-301448511.html