Vlocity Raises $50M in Funding

vlocityVlocity Inc., a San Francisco, CA-based industry cloud company, raised $50m in funding.

The round was led by Sutter Hill Ventures with participation from Salesforce Ventures, Accenture, New York Life, Kennet Partners, TDF Ventures, and Wildcat Venture Partners.

The company intends to use the funds to expand its service and support infrastructure for customers around the world.

Led by David Schmaier, CEO and Founder, Vlocity provides cloud applications, built on the Salesforce platform, that allow companies to deliver unified, industry-specific customer experiences in customer-centric industries, including Communications and Media, Insurance, Health Insurance and the Public Sector.
The company offers:
– Vlocity Communications & Media
– Vlocity Insurance
– Vlocity Health Insurance
– Vlocity Public Sector
– Vlocity Guided Interaction Platformâ„¢

Customers include Sky Italia, Cellcom, Fastweb, New York Life and the City of Toronto, among others.

FinSMEs

20/09/2016

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