DiscoverOrg, a Vancouver, Canada-based sales intelligence platform, secured an additional investment of undisclosed amount.
Backers included Goldman Sachs BDC, NXT Capital, Silicon Valley Bank and Antares Holdings.
The company, which had received a growth equity investment from TA Associates and FiveW Capital, in 2014, intends to use the funds to expand growth of its prospecting solution, including building new datasets such as its TEDD (Technology, Engineering, Development and Design) dataset, and upcoming datasets profiling the Sales and Human Resources departments, expanding its IT, Marketing and Finance datasets, its existing global coverage of companies and decision makers, doubling its engineering team to build new workflow automation capabilities and integrations for sales and marketing professionals
Led by Henry Schuck, CEo, DiscoverOrg is a sales and marketing intelligence tool used by technology vendors, staffing companies and consultants targeting IT, Finance, Marketing, Engineering, Technology and Product Development departments of Fortune-ranked, MidMarket, and SMB companies in North America and Europe.
Offered in the form of a constantly refreshed database, the solution specializes in mapping out the org charts, including verified email addresses, direct-dial phone numbers, reporting structure, new projects & initiatives, and technology installed base.
Each of the decision makers in the database are updated and refreshed by the company’s team of in-house researchers at least once every 90 days.
DiscoverOrg currently serves nearly 2,000 companies around the world.