Clarizen Lands $12M More

San Mateo-based Clarizen, which develops cloud-based project management and collaboration tools, said today that it has raised $12M in a Series E financing. The round was led by VIntage Partners, and also included Benchmark Capital, Carmel Ventures, DAG Ventures and Opus Capital. The company, which also has major operations in Hod Hasharon, Israel, said the funds go towards expansion, straegic partnership, and product development. Clarzein's CEO is Avinoam Nowogrodski. More information »