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12/05/2006
Web 2.0 project management software provider Clarizen Secures $7 Million
Web 2.0 project management software provider Clarizen has closed a $7 million round of financing from Benchmark Capital and Carmel Ventures.
Clarizen is a Software-as-a-Service (SaaS) solution that empowers users to manage projects and programs across teams, organizations, and companies. SaaS enables companies to dramatically improve the overall user experience. It delivers tangible value to customers at a fraction of the cost of full-blown enterprise software, while offering full user flexibility. The company intends to launch its public Beta service in Q1 2007
“Clarizen's innovative solution creates a unique project management environment enabling true team collaboration and the sharing of live knowledge through the use of Web 2.0 communication tools,” explained Avinoam Nowogrodski, CEO of Clarizen.
Clarizen was founded by CEO, Avinoam Nowogrodski, and by EVP R&D, Tanya Epstein, in 2005. Prior to founding Clarizen, both held similar positions at SmarTeam, a provider of collaborative product life cycle management solutions, which Nowogrodski co-founded in 1995.
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09:55 Posted in Web 2.0 | Permalink | Comments (0) | Email this | Tags: Web 2.0, project management software, Avinoam Nowogrodski, Benchmark Capital, Carmel Ventures, Tanya Epstein