On October 18, 2022, Enable, a SaaS platform that helps B2B companies manage their incentive and rebate programs, announced it raised $94 million in an oversubscribed Series C round led by Insight Partners with participation from Lightspeed Venture Partners, HarbourVest Partners, SE Ventures, and PSP Growth. Bringing Enable’s total capital raised to $156 million since 2020, the proceeds will be put toward increasing headcount and expanding to new markets, particularly Europe, CEO Andrew Butt said.

Wilson Sonsini Goodrich & Rosati represented Enable in the transaction. The team includes Daniel Glazer, Mark Baudler, Mike Pestana, Matthew Quadrini, Jun Hyung Lee, and Cody Tolman.

For more information, please see Enable's blog post and coverage at TechCrunch.