CloudSense, a London, UK-based Salesforce-native, industry-specific cloud company, raised $77m in growth funding.
Vector Capital made the investment. In conjunction with the funding, Matthew Blodgett, Managing Director at Vector Capital, will be joining the CloudSense Board of Directors.
The company intends to use the funds to accelerate expansion, especially in the North American markets, and product innovation and development of enterprise focused vertical solutions.
Founded in 2009 by Richard Britton, CEO and Co-Founder, CloudSense provides commerce software that enables organizations worldwide to facilitate selling, launch faster and reduce expenditures by providing connected, digital-first customer experiences, all on Salesforce. The platform, integrating into CRM, ERP and other systems, provides companies with Commerce SaaS capabilities for sales teams, mobile workforces, service agents, retail, resellers, telephone sales and customers buying online.
It is used across multiple industries to deliver commerce on every channel through Order Management, CPQ (Configure Price Quote), Pricing Management, Contract Lifecycle Management, eCommerce, and Product Catalog.
CloudSense has nearly 300 employees, in 8 offices across Europe, Asia-Pacific and the U.S.