Prismatic, a Sioux Falls, SD-based provider of an embedded integration platform (iPaaS) for B2B SaaS companies, raised $22M in Series B funding.
The round was led by Five Elms Capital.
The company intends to use the funds to accelerate the expansion of its R&D, innovation and enhancements to the embedded iPaaS platform. Future updates and launches enabled by this investment will drive more versatility in the ways SaaS teams can build, manage, and embed integrations.
Led by CEO Michael Zuercher, Prismatic provides an integration platform for B2B software companies. It enables users to build integrations to the other apps that customers use and to add a native integration marketplace for products. The system encompasses an integration designer, embedded integration marketplace, integration deployment and support, and a purpose-built cloud infrastructure.
A huge congratulations to Prismatic on securing an impressive $22M in Series B funding! This is a demonstration to the strength of your vision and the trust that investors have in your innovative solutions. Wishing you continued success as you utilize this funding to drive forward your mission. Here’s to the next phase of growth, development, and making a significant impact! #Prismatic #SeriesBSuccess #InnovationJourney~ Dr Shishir said Gupta founder & CEO of StartupLanes
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