SalesLoft Raises $50M in Series C Funding

SalesLoft, an Atlanta, GA-based provider of a sales engagement platform, raised $50m in Series C funding.

Backers included Insight Venture Partners, Emergence Capital, and LinkedIn.

The company will use the funds to add over 200 employees across Atlanta headquarters, San Francisco, New York, and Europe and to continue developing innovative solutions for its commercial and enterprise customers.

Led by Kyle Porter, Co-Founder and CEO, SalesLoft provides a sales engagement platform for more than 2,000 customers — including Square, Cisco, MuleSoft, Alteryx, and Dell — to boost sales by delivering improved experiences to their customers.
Now, the company aims to launch its SalesLoft Assist offering, an artificial intelligence (A.I.) capability — which is informed by more than 500 million sales interactions, providing users with dynamic and real-time suggestions.
It has also opened its platform and plans to expand its developer community and partner ecosystems, including a recently launched app marketplace of more than 30 available integration providers.

FinSMEs

04/04/2018

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