HomeUSADatabook Raises $50M in Series B at a $550M Valuation

Databook Raises $50M in Series B at a $550M Valuation

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databook

Databook, a Palo Alto, CA-based consultative sales intelligence company, secured $50m in Series B funding.

The round was led by Bessemer Venture Partners with participation from DFJ Growth and previous investors Threshold, Microsoft’s Venture Fund M12, Salesforce Ventures and Haystack.

The company intends to use the funds to accelerate hiring across all areas of the business and support growth into Europe and APAC including new industries such as banking, telecommunications, and consumer goods. 

Led by Anand Shah, CEO, Neil Smith, CTO, and Tamar Shor, SVP of Product, Databook is an AI-powered consultative sales intelligence platform for enterprise companies like Salesforce, Microsoft, and Databricks to help their sales representatives and go-to-market teams to engage as experts – improving the buying experience for customers and accelerating revenue acquisition.

The platform integrates AI- and NLP-driven technology to create unique account and solution specific insights with the same level of relevancy and value provided by professional consulting firms.

Databook’s client base currently generates more than $300 billion in sales revenue each year and represents 50% of the total enterprise software sellers in the world.

FinSMEs

14/02/2022