SalesLoft, a sales engagement platform, raised $100 million at a $1.1 billion valuation, bringing total funding to $245 million. Owl Rock Capitalled the round with participation from HarbourVest and Emergence Capital and others.
SalesLoft will use this funding to investin new vertical markets, AI/ML-driven insights and product innovationand further international expansion.
Fueled by the transformation to digital selling, the sales engagement market has attracted nearly half a billion dollars in funding in the last sixmonths. Since last year’s fund raise, SalesLoft more than doubled recurring revenue.