We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!

Product management tool Propel announced today that it closed a $4.2 million series A investment led by Cloud Apps Capital Partners.

Propel’s product, built on Salesforce, promises a service that “helps everyone involved in launching new products coordinate all the product, customer and service information needed for a product to be successful.”

The funds of the round, the company said, will help Propel’s “sales and marketing efforts.”

Cloud Apps’ Matt Holleran will join Propel’s board. Salesforce Ventures and SignalFire also participated in the investment.

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn more about membership.