Drift Raises $32M in Series B Financing

Funding Rounds

▤ Summary

Drift, a Boston, MA-based provider of a conversation-driven marketing and sales platform, raised $32M in Series B funding.The round was led by General Catalyst, with participation from CRV and HubSpot and Sequoia Capital.The company, which has raised $47m in total financing, intends to use the capital to expand into marketing automation and sales acceleration, open a new office in San Francisco, and add over 100 new employees in the next 12 months.Led by David Cancel, founder and CEO, Drift is a conversation-driven marketing and sales platform that connects businesses with the best website visitors in real-time using bots and artificial intelligence.Customers use the platform to provide an improved buying experience for potential customers, generate more qualified leads, and accelerate the sales cycle.

$ Funding

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Amount $32.0M Total raised
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Date September 26, 2017 Announcement date
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Investors General Catalyst, Drift Lead investors
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Company http://www.drift.com Funded company

▥ Classifications

industries
No industries detected
applications
Web and Content Management

◇ AskAI Classifications

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▦ Linked Companies

Drift
$100M to $250M