SalesLoft, an Atlanta, GA-based provider of a Sales Engagement platform, raised $100m in funding.
The round, which brought total funding to $245m and valuation to $1.1 billion, was led by Owl Rock Capital with participation from Insight Partners, HarbourVest, and Emergence.
The company intends to use the funds to invest in new vertical markets, AI/ML-driven insights and product innovation, and further international expansion.
Led by Kyle Porter, CEO, SalesLoft provides a Sales Engagement platform, which enables companies to generate revenue and deliver improved experiences to their customers. The company’s solutions integrate all the tools for digital selling including Cadence for building pipeline and managing customer communications, Conversations for analyzing call recordings and meetings, and Deals for managing opportunities.
Customers include tech giants such as Google, LinkedIn, Slack, Shopify, Dell, and Cisco, as well as industry leaders 3M, Cargill, and S&P.