entrio, a Tel Aviv, Israel-based provider of an IT asset management platform for enterprises, raised $7.5M in funding.
The round was led by Communitas Capital Partners, with participation from BNY Mellon, Vintage Investment Partners, Alicorn and Elisha Wiese.
The company intends to use the funds to continue developing its technology and extend its reach to customers globally.
Founded by Avi Cohen (CEO), Gil Devora (CBO) and Moises Cohen (CPO), entrio is a cloud platform built for enterprises to manage and monitor their vendor stack. The platform, designed in partnership with large tier-1 enterprises, empowers IT Governance and IT Sourcing teams with the visibility, searchability and intelligence to manage their vendor stack providing customers with the data intelligence and automation they need to drive efficiency, visibility and reusability of their on-premise and cloud solutions, and actively helps to reduce costs.
FinSMEs