Palo Alto – January 10, 2022 – Cooley advised Tackle.io, a software company dedicated to helping software providers generate revenue through marketplaces in the cloud, on its $100 million Series C financing round, which brings its valuation to $1.25 billion. Seth Gottlieb, Emily Iannarelli, Jonathan Camello and Kris Tamashiro led the Cooley team advising Tackle.
Coatue and existing investor Andreessen Horowitz co-led the round, which also included Bessemer Venture Partners. Tackle will use the new capital to fast-track the execution of its product road map and expand its global reach while furthering its goal to help software companies sell through various cloud marketplaces.
“This has been a tremendous year for Tackle, as we’ve tripled the size of our team and more than doubled our customer count,” John Jahnke, CEO of Tackle, said in a news release. “Our customers today are primarily hypergrowth startups and we are excited to leverage this investment to broaden our platform in support of startups looking to build a marketplace-native, go-to-market as well as enterprises that are retrofitting their product portfolios to align to the cloud buyer.”
Tackle’s Cloud Marketplace Platform drastically reduces time to list and sell products in cloud marketplaces – and provides granular transaction reporting – with zero engineering resources required. Tackle works with more than 350 cloud leaders, including A Cloud Guru, AppDynamics, Auth0, Fivetran, HashiCorp, Looker, McAfee, New Relic, PagerDuty and Talend.
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