The round, which brought total amount raised to date to $179m, was led by Lightspeed Venture Partners and funds and accounts advised by T. Rowe Price Associates, with participation from existing investors General Atlantic, JMI Equity, and Jackson Square Ventures. In conjunction with the funding, John W. Thompson, Venture Partner at Lightspeed and Chairman at Microsoft, will join Seismic’s Board of Directors. Thompson brings more than 40 years’ executive leadership experience at companies such as IBM, Virtual Instruments, and Symantec, where he served as CEO for ten years and oversaw 10x revenue growth from $600m to $6 billion. He currently also sits on the boards of cloud data management company Rubrik and gene sequencing company Illumina.
The company plans to use the funds to accelerate growth in global markets and product innovation.
Led by Doug Winter, co-founder and CEO, Seismic provides a sales enablement platform for sales and marketing teams to engage customers by automatically equipping sellers with the right content, information and training for every interaction.
The company now serves more than 500 customers across the globe, including Capital One, Glassdoor, Illumina, and Qualtrics. It also has offices in Sydney, Australia and London.
FinSMEs
18/12/2018