6sense Secures $100 Million Revolving Debt Facility with Silicon Valley Bank
Summary
Additionally FY2023 was a year of product innovation announcements including 6sense\xae Revenue AI for Sales, Conversational Email (now with AI Writer) and Pipeline Intelligence.Our relentless focus on execution of our bold vision, operational excellence and proactive cash management enable us to outperform and position 6sense to remain resilient and deliver differentiated value to our customers, said Rob Goldenberg, Chief Financial Officer, 6sense. Having met the rigor that is necessary to secure the terms we received, we look forward to working again with SVB on this recent refinancing to fuel future innovation and expansion.SVB is excited to support 6sense as it continues to grow its market presence and remain a leader in delivering RevTech solutions, said Marc Cadieux, President of Silicon Valley Banks commercial banking business. Our Bay Area based team has worked with 6sense for years and we look forward to continuing our relationship.The new SVB financing provides favorable terms, reflects a more mature capital structure and further supports 6senses multi-pronged, AI-forward organic and acquisitive growth strategy. SVB operates in centers of innovation throughout the United States, serving the unique needs of its dynamic clients with deep sector expertise, insights and connections. SVBs Technology Corporate Banking Division works with the most innovative public and late-stage private companies in the U.S. Tech Sector, providing a full suite of lending and banking solutions, as well as guidance as an active and trusted partner helping clients succeed and quickly scale.About 6sense6sense is on a mission to revolutionize the way B2B organizations create revenue by predicting customers most likely to buy and recommending the best course of action to engage anonymous buying teams.