surface sale insight
Gong Raises $200 Million to Surface Sales Insights with Artificial Intelligence – IAM Network
Gong is a San Francisco based tech platform and among the leading SaaS business in the fast-developing category of Conversation Intelligence. It helps companies by offering sales representatives a new way to increase sales. It also enables sales teams to gain insights regarding the things happening to their employees working remotely. In August this year, as we already covered, Gong raised $200 million at a $2.2 billion valuation and indicated that its profits tripled because sales teams are now working from home during this global pandemic. This latest funding round was led by Coatue and later joined by Thrive Capital, Salesforce, and Index ventures. With other investors' help, including Sequoia Capital, NextWorld Capital, and Battery Ventures, it brings Gong's total funding to $334 million.