InsideSales.com, a Silicon Slopes, Utah-based AI-powered predictive sales acceleration platform, closed a $50m growth equity funding round.
The round, which brought total venture capital funding to over $250m, was led by returning investor Polaris Partners with participation from new investors QuestMark Partners and the Ireland Strategic Investment Fund and existing investors Microsoft, Kleiner Perkins Caufield Byers, Hummer Winblad, U.S. Venture Partners, Epic Ventures, and Zetta Venture Partners.
The company intends to use the funds to bring its technology to new geographies, starting with Ireland in Europe, and new platforms, creating new versions of Playbooks that run on the Microsoft Dynamics 365 platform and integrating with Microsoft Azure cloud services.
Led by Dave Elkington, CEO, InsideSales provides a sales acceleration platform built on Neuralytics, a predictive and prescriptive self-learning engine delivers an optimized experience for both salesperson and buyer via predictive sales communications, engagement tracking, forecasting and rep motivation capabilities. Enterprise customers include ADP, Microsoft and Groupon, among others.