Momentum raises $13 million Series A to further its mission of transforming customer data into actionable insights for revenue teams [Yahoo! Finance]
Zscaler, Inc. (ZS)
Last zscaler, inc. earnings: 2/20 04:05 pm
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Source: Yahoo! Finance
announced that it has raised $13 million in Series A funding led by FirstMark Capital with participation from Stage 2 Capital, bringing Momentum's total funding to $18 million . Existing Momentum investors, including Basis Set Ventures and Leadout Capital, also participated in the round. Amish Jani, FirstMark Founder and Partner, joins the board alongside Mandy Cole , General Partner at Stage 2. Today's investment follows a year of stellar growth for the company. In 2023, Momentum increased annual recurring revenue (ARR) by more than 400%, adding companies like Ramp, 1Password, Alation, and Demandbase to its already impressive customer base, including Zscaler and Postman. "In a world where companies are adding AI to their product so they can check a box, Momentum has built transformative AI capabilities that have shown up in tremendous customer love. We heard from their customers, many in our portfolio, who are thrilled by the process automation and actionable insights Momentum en
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ZS
Earnings
- 9/3/24 - Beat
ZS
Sec Filings
- 9/3/24 - Form 8-K
- 6/21/24 - Form 4
- 6/21/24 - Form 144
- ZS's page on the SEC website