Showpad Secures $70 Million in Series D Funding
Summary
Investment will accelerate global expansion and drive continued platform innovation by the worlds largest sales enablement software provider CHICAGO, June 25, 2019 /PRNewswire/ -- Showpad, the leading sales enablement solution, has secured $70 million in Series D funding, a combination of debt and equity, led by Dawn Capital and Insight Partners with participation from existing investor Hummingbird Ventures and new investor Korelya Capital. Showpad is the worlds largest sales enablement software provider, with more than 1,000 customers worldwide spanning a breadth of industries including manufacturing, healthcare, technology, and financial services. We pride ourselves on empowering modern sales teams to increase win rates, deal size, and buyer engagement with a single, scalable platform and a consumer-like user experience," said Pieterjan Bouten, CEO of Showpad. Showpads suite of products succeeds in bringing this process online for the first time with data-rich feedback loops on the effectiveness of teams, managers, salespeople and even individual pieces of sales content. Dawns portfolio companies include Mimecast, iZettle (sold to PayPal for $2.2bn cash), Collibra, Showpad, Dataiku, Automile, and Neo Technology, with many others looking to join their ranks.