With the rapid expansion of digital transformation across all industries, software developers need to reach their customer bases as quickly and efficiently as possible. Enter Tackle.io Inc., the cloud-based software marketplace platform touted as a “zero-engineering” solution for improving and enhancing software sales. Based in Idaho, Tackle.io provides a platform that helps software companies initiate revenue channels with cloud marketplaces—specifically, AWS Marketplace, Azure Marketplace, GCP Marketplace, and Red Hat Marketplace. Now, the company is being equipped with the resources to expedite the execution of its product roadmap, scale its go-to-market teams, expand its global reach, and pursue continued innovation.
Tackle.io has raised $100 million in new Series C funding, thanks to a few high-profile tech investors. The round was led by Coatue and Andreessen Horowitz, with Bessemer Venture Partners joining. The new capital brings the company’s total raised to $148 million, boosting it to unicorn status with a valuation of $1.25 billion. Co-Founders Dillon Woods and Brian Denker created Tackle.io in response to their own frustrations with the B2B software buying and selling process; the duo’s platform is now utilized by many notable companies, including Snowflake.