InsideView raises $11.5 Million Series B financing round
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San Francisco: InsideView, which makes a software product called SalesView, has closed $11.5 million in Series B financing led by current investors - Emergence Capital Partners, Rembrandt Venture Partners and Greenhouse Capital Partners. The new financing will be used to expand new customer acquisition efforts and scale user adoption and customer success, while accelerating the company's investment in product development. Founded in 2005, the San Francisco based InsideView is a provider of sales intelligence applications that help organizations tap into social intelligence to accelerate all aspects of the sales process. "Over the last year, we have seen hundreds of customers achieve new levels of sales productivity by using SalesView, which brings together social data and traditional business information to provide sales users a holistic customer view directly within CRM applications," said Umberto Milletti, CEO of InsideView. "We've built a strong emerging leadership position in this new Sales 2.0 market, and we see tremendous interest from companies that want to put more power and science behind their sales efforts. We believe that sales, powered by InsideView, are the engine that will drive our customers' growth - and our mission is to put the right information at the fingertips of salespeople precisely when and where they need it." Sesha Rao is the Managing Director, Indian Operations at InsideView. InsideView's sales intelligence solution, SalesView, continuously aggregates executive and corporate data from tens of thousands of content sources, bringing the most relevant information to sales users at the right time and within their existing sales process. SalesView maximizes sales team productivity by automatically identifying compelling business events and people-to-people connections, while accelerating sales cycles by enabling sales people to call the right prospects at the right time. SalesView delivers this intelligence natively within the leading CRM systems for optimum usability. "InsideView is leveraging the explosion of social media to help businesses dig out from the recession and supercharge their sales teams for growth," said Jerry Casilli, general partner, Rembrandt Venture Partners. "The triple-digit revenue growth that the company has been achieving quarter in and quarter out is a testament to a remarkable management team, a unique and right-timed product, and the power of the Freemium go-to-market model paired with a strong value proposition. InsideView sits at the cross section of social media and sales, two areas that are ripe for investment by organizations worldwide."

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