Project Management Co ‘Clarizen’ Secures $12M

Clarizen, a project management and social collaboration software company, announced that it has completed a $12 million Series E financing round led by Vintage Partners. Existing Clarizen shareholders – Benchmark Capital, Carmel Ventures, DAG Ventures and Opus Capital – also participated. The funding will support continued expansion, strategic partnerships, and product development designed to enhance the end user experience. Founded in 2006, Clarizen is privately held with offices in Hod Hasharon, Israel, and San Mateo, California.