The round was led by Iconiq Capital, with participation from new investor Sapphire Ventures and existing investors Madrona Venture Group, OpenView, Salesforce Ventures and Shasta Ventures. In conjunction with the funding, Iconiq Capital’s General Partner Matthew Jacobson is joining Highspot’s Board of Directors.
The company intends to use the funds for global expansion and further extension of its technology leadership in the sales enablement category.
Led by CEO Robert Wahbe, Highspot provides businesses with a sales enablement platform to engage in more relevant buyer conversations and achieve revenue goals through AI-powered search, analytics, in-context training, guided selling, and a broad range of technology integrations with leading products including Salesforce and Slack.
The platform has 90 % average monthly recurring usage and global support in 125 countries.
FinSMEs
04/06/2019