Vlocity Raises $42.8M in Funding

vlocityVlocity, Inc., a San Francisco, Calif.-based industry cloud software company, raised $42.8m in funding.

The round was led by Salesforce Ventures with participation from Accenture.

The company intends to use the funds to continue to expand operations.

Founded by former Siebel Systems founding executive David Schmaier and Veeva Systems co-founders Craig Ramsey, Mark Armenante, and Young Sohn along with Netsuite’s former worldwide sales leader James Ramsey, Vlocity specializes in vertical applications that aim to empower companies in communications, insurance, and health insurance to deliver a unified and industry-specific customer experience.



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