Intello, the New York City-based Saas management platform, announced a $2.5 million extended seed round today, along with some product enhancements.
The round was led by Resolute Ventures . Harrison Metal and Magnetico Ventures also participated along with various individual angel investors including Zane Lackey from Signal Sciences, Chris Smoak from Atrium and Zach Sherman from Timber. Today’s investment brings the total raised to $4 million, according the company.
Mike Hirshland, a partner at lead investor Resolute Ventures, saw Intello helping customers deal with a serious and growing issue inside companies. “They are solving the pain of SaaS sprawl that every organization is facing by empowering modern IT, finance and security teams with better visibility,” he said in a statement.