California-based SaaS startup RocketLane recently announced the completion of a $24 million Series B round of financing, led by 8VC, Matrix Partners India and Nexus Venture Partners, bringing the total funding to $45 million. This round of financing will be mainly used to upgrade the RocketLane platform into a fully AI-driven product to meet the growing needs of customers and keep up with the trend of AI integration in the global SaaS industry. Founded in 2020, RocketLane is committed to simplifying enterprise after-sales service delivery, providing an integrated service delivery platform, improving transparency and responsibility, and helping teams discover and solve problems in advance.
California-based SaaS startup RocketLane announced the completion of a $24 million Series B round of financing, led by 8VC, Matrix Partners India and Nexus Venture Partners.
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The investment brings RocketLane’s cumulative funding to $45 million and will be used strategically to grow the company’s platform into a fully AI-powered product. The move is in line with global trends, where SaaS vendors have integrated artificial intelligence in their products in different ways to meet the growing needs of customers.
RocketLane was founded in 2020 and is committed to simplifying after-sales service delivery for enterprises. The company provides enterprises with an integrated service delivery platform designed to deliver an experience designed to drive transparency and accountability, while helping teams identify issues early and execute procedures correctly on every execution.
RocketLane's next steps are to use the newly raised funding to build an AI layer into its product, focusing on four key areas: operations, project delivery, governance and insights.
Highlights:
⭐ RocketLane received US$24 million in Series B financing to develop an AI-driven service delivery platform.
⭐ The company plans to use artificial intelligence to automate and make intelligence in the areas of operations, project delivery, governance and insights.
⭐ RocketLane’s services have covered more than 500 enterprise customers, and it is expected that AI capabilities will attract more paying customers.
RocketLane’s success in this round of financing highlights the huge market demand for AI-driven SaaS services, and also indicates that RocketLane will have stronger competitiveness in the service delivery field in the future. Through the empowerment of artificial intelligence, RocketLane is expected to further improve efficiency, provide better services to more enterprises, and achieve greater development.