California-based SaaS startup RocketLane has announced the completion of a $24 million Series B funding round, led by 8VC, Matrix Partners India, and Nexus Venture Partners.
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This investment brings RocketLane's total funding to $45 million and will be strategically used to develop the company's platform into a fully AI-driven product. This move aligns with global trends, as SaaS providers have been integrating AI into their products in various ways to meet growing customer demands.
Founded in 2020, RocketLane aims to simplify after-sales service delivery for enterprises. The company offers an integrated service delivery platform designed to deliver an experience that drives transparency and accountability, while helping teams identify issues early and execute procedures correctly in every instance.
RocketLane's next step is to use the newly raised funds to establish an AI layer in its product, focusing on four key areas: operations, project delivery, governance, and insights.
Key Points:
⭐ RocketLane secures $24 million in Series B funding to develop an AI-driven service delivery platform.
⭐ The company plans to leverage AI for automation and intelligence in operations, project delivery, governance, and insights.
⭐ RocketLane's services are already utilized by over 500 enterprise clients, with expectations that AI capabilities will attract more paying customers.