What is Tackle.io?
Established in 2016 and headquartered in Boise, Idaho, Tackle.io provides a platform designed to transform cloud marketplaces into repeatable, sustainable, and substantial revenue streams for ISVs. The company's software aims to streamline the complex process of selling through platforms like AWS Marketplace, Microsoft Azure Marketplace, and Google Cloud Marketplace, facilitating faster deal cycles and increased adoption of software solutions.
The company's focus on optimizing cloud marketplace transactions positions it as a key player in the evolving SaaS go-to-market strategies. By addressing the challenges ISVs face in navigating these channels, Tackle.io empowers them to scale their businesses more effectively and capture a larger share of the cloud software market.
How much funding has Tackle.io raised?
Tackle.io has raised a total of $142.3M across 3 funding rounds:
Series A
$7.3M
Series B
$35M
Series C
$100M
Series A (2020): $7.3M with participation from Bessemer Venture Partners.
Series B (2021): $35M led by Andreessen Horowitz and Bessemer Venture Partners
Series C (2021): $100M supported by Andreessen Horowitz and Coatue
Key Investors in Tackle.io
Andreessen Horowitz
Founded in 2009, Andreessen Horowitz is a private American venture capital firm that invests in both early-stage start-ups and established growth companies. The company is headquartered in Menlo Park, California.
Bessemer Venture Partners
Bessemer Venture Partners (Bessemer) is a venture capital firm with a long history, established in 1911. The firm has a global presence with offices in multiple locations and focuses on investing in technology companies.
Coatue
Coatue Management, L.L.C. is an employee-owned hedge fund sponsor that invests in public and private equity markets globally, with a focus on technology and growth companies.
What's next for Tackle.io?
With its recent major strategic investment, Tackle.io is poised for accelerated growth and further development of its platform capabilities. This capital infusion is expected to fuel expansion into new markets, enhance its technological offerings, and strengthen its position as a leader in cloud marketplace enablement. The company's trajectory suggests a continued focus on empowering ISVs to maximize their cloud channel revenue, potentially through deeper integrations with cloud providers and expanded service offerings. This strategic backing indicates strong market confidence in Tackle.io's model and its potential to shape the future of SaaS distribution.
See full Tackle.io company page
