B2B SaaS firm Rocketlane raises $24 million in Series-B funding round

Rocketlane, a business-to-business (B2B) software-as-a-service (SaaS) platform, raised $24 million in a Series-B funding round that saw the participation of investors such as 8VC, Matrix Partners India, and Nexus Venture Partners.

The company had raised $18 million in a series A funding round in 2022.

The firm claims that the latest funding comes even as it has $11 million in reserves. In total, it has raised $45 million in funding to date.