SteelBrick Closes $18M Series B Funding Round

SteelBrick, a San Mateo CA-based provider of configure, price, quote (CPQ) applications, closed an $18m Series B funding round.

The round was led by Shasta Ventures with participation from existing investors Emergence Capital, SteelBrick’s leadership team, and new investor Salesforce Ventures.

The company, which has now raised $30m over the past twelve months, intends to use the funds to further scale its software development, sales, marketing and service and support teams.

Led by Godard Abel, CEO, SteelBrick provides customers with Configure Price Quote (CPQ) apps built on the Salesforce1 Platform that allow users to create sales quotes and submit orders via cloud and mobile devices. Customers include Cloudera, Nimble Storage, Nutanix, HootSuite, Tripwire, Bentley Mills, NetMotion Wireless and BlueCat Networks.

FinSMEs

05/02/2015