Rocketlane, a SaaS company, has secured $18 million in a Series A round led by 8VC, including Nexus VP and Matrix Partners. Gokul Rajaram, an angel investor, has also contributed to the newest round.
In June of last year, the business received $3 million in seed capital from Matrix Partners India and Nexus Venture Partners.
According to a news statement from Rocketlane, the new funds will increase product offerings, expedite marketing, and expand the company’s personnel.
Rocketlane, founded in 2020 by Srikrishnan Ganesan, Vignesh Girishankar, and Deepak Bala, provides a purpose-built unified workspace for customers to collaborate on onboarding initiatives.
Businesses may use the platform to reduce time-to-value, streamline software implementation, and gain real-time visibility. Chargebee, Pando, ParcelLab, Yellow.ai, LinkSquares, Appcues, and Netcore are among the company’s clients.