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General Catalyst led a $35m funding round in Localyze.

Synopsis

General Catalyst, a venture capital firm, led a $35m funding round in Localyze, a SaaS software proivder, with participation from Visionaries Club, Web Summit Fund and Frontline Ventures. “I think a lot of companies right now try to find some sort of middle ground where they don’t say you can work in every country worldwide. What we’ve seen with our customer base is that they try to find a middle ground where they say these are the ten countries where we have an office or a hub or whatever and then they allow employee to choose one of those," Hanna Asmussen, Localyze CEO and Co-Founder.

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