Apttus Raises $37 Million In Funding

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Apttus is a contract management service that was created for the Salesforce.com ecosystem.  Apttus has raised $37 million in their first round of funding since being founded in 2006.  This round of funding was provided by K1 Capital, Iconiq Capital, and Salesforce.com.  The company’s software handles each step of sales from the price quote to receiving payments.  Apttus is profitable and saw 100% in sales growth this past year.

“Listening and responding to our customers has been key to our success in changing the paradigm for quote-to-cash automation,” stated Apttus CEO and co-founder Kirk Krappe. “We have established a platform to innovate and delight our customers with high impact solutions. I am excited that our new strategic partners are strong believers in our vision and values.”

Apttus is based in San Mateo, California and has additional offices in London and Ahmedabad.

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