Clarizen

Clarizen, founded in 2005 by Avinoam Nowogrodski and Tanya Epstein, operates as a project management and collaborative work management software provider. The company established its headquarters in San Mateo, California, and Hod Hasharon, Israel, operating under a Software as a Service (SaaS) business model. Avinoam Nowogrodski, with over two decades of experience in sales, engineering, and business management, previously co-founded and led SmarTeam Corporation, a product lifecycle management solutions provider that was later acquired by Dassault Systèmes. This background in enterprise solutions shaped Clarizen's direction.

The firm's core offering is a cloud-based platform designed to connect project management with social engagement and workflow automation. It serves a wide range of clients, from mid-market to global enterprises, including notable names like Siemens, Ricoh, and Box, across 124 countries. The platform is designed for Project Management Offices (PMOs) and professional services delivery teams, providing tools for real-time visibility, workflow automation, and risk management. Key features include project and portfolio management, resource and budget management, document sharing, and collaborative planning. The software allows users to manage tasks, track time, and gain insights through customizable dashboards and analytics.

A significant milestone in the company's history was its acquisition by Planview, a global leader in Portfolio and Work Management. The definitive agreement was announced in January 2021 and finalized in February of the same year. This strategic acquisition, backed by TPG Capital and TA Associates, was aimed at broadening Planview's capabilities to connect strategy with delivery for enterprises. Following the acquisition, Clarizen became a distinct business unit within Planview, and its flagship product, Clarizen One, was rebranded as Planview Clarizen. The move was part of a larger consolidation in the project portfolio management market, enabling Planview to offer a more comprehensive suite of tools. Prior to the acquisition, Clarizen had raised significant venture capital, including a $35 million round led by Goldman Sachs in 2014, bringing its total investment to $90 million.

Keywords: project portfolio management, work management, collaborative software, SaaS, enterprise project management, Planview, Avinoam Nowogrodski, professional services automation, resource management, workflow automation, task management, risk management, budget management, PMO tools, digital transformation, enterprise collaboration, project planning, real-time visibility, financial management, services delivery, opportunity-to-revenue, demand management, project execution, business process automation, strategy to delivery