Databook Secures $50 Million in Series B  

by Kay Aloha Villamor in February 15th, 2022

Databook, a Palo Alto, CA-based market and technology leader in consultative sales intelligence, today announced that it secured $50 million in Series B funding. 

The oversubscribed 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 funding will be used 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.

The funding comes at a time of explosive growth for Databook as enterprises around the world embrace the company’s AI-powered platform to simplify strategic selling. 

Company: Databook Labs Inc.

Raised: $50.0M

Round: Series B

Funding Month: February 2022

Lead Investors: Bessemer Venture Partners

Additional Investors: DFJ Growth, Threshold, Microsoft’s Venture Fund M12, Salesforce Ventures, and Haystack

Company Website: https://trydatabook.com/

Software Category: AI-powered consultative sales intelligence platform

About the Company: Databook is an AI-powered SaaS platform that builds customer intelligence on top of CRM. Databook was founded in 2017 to give enterprise sales representatives and go-to-market teams a differentiating advantage. Today, leading enterprise companies like Salesforce, Microsoft, and Databricks rely on Databook to help their teams engage as experts – improving the buying experience for customers and accelerating revenue acquisition. 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. In the last two years, the company has seen a 27x increase in valuation as more businesses utilize its platform to empower go-to-market teams with account-specific insights and accelerate sales success.

Source: https://trydatabook.com/news/series-b/?utm_source=intercom&utm_medium=banner&utm_campaign=series-b




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