SaaS technology provider SalesPredict has raised $4.1 million in Series A financing from Yandex, KGC Capital and existing investors. The company, which helps B2B companies increase revenues using predictive analytics, has raised $5.3 million to date.
SalesPredict will use the funding to expand its global sales and marketing presence to meet increasing demand.
“SalesPredict provides an innovative technology approach that helps B2B companies overcome one of their top barriers to growth: identifying the best sales prospects and moving them through the lead-to-revenue cycle quickly,” said Chris Capps, president and CEO of KGC Capital.
SalesPredict co-founder and CEO Yaron Zakai-Or said, “SalesPredict is here to prove that you don’t need to hire an expensive team of data science consultants in order to gain actionable insights from your CRM and marketing automation data. Our customers love that they can install SalesPredict from the Salesforce.com AppExchange in about 10 minutes and it provides tangible business value within 24 hours.”
SalesPredict was founded in 2012 by Zakai-Or and CTO Kira Radinsky. The company is headquartered in Netanya and has a US office in San Francisco.
Published by Globes [online], Israel business news - www.globes-online.com - on May 13, 2014
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