SalesLoft Raises $70 Million in Series D Funding

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Sales engagement platform SalesLoft announced it has raised $70 million in Series D funding, another boost for the growing sales tech firm.

“This is bigger than us,” announced company CEO Kyle Porter Thursday morning. “This capital will empower companies to deliver the ultimate prospect and customer experience and generate the most revenue for their business.”

Tech website TechCrunch reported Thursday the startup now is valued at $600 million, putting it closer to becoming one of a growing corps of 2019 tech unicorns.

“As the creators of the Sales Engagement category, we’ll use this investment to continue leading the innovation that has come to define the category,” said Porter, in a blog post announcing the funding. “This means investments in our ecosystem API, the mobile application, and our AI-powered sales coaching network.”

SalesLoft’s core business is helping sales teams better connect with their customers though the use of its artificial intelligence based platform. It’s customers include Zoom, IBM, Stripe, WeWork and Facebook.

Since it was formed in Atlanta, Georgia in 2011 it has attained 2000 customers and has opened offices in San Francisco, NYC, London and Guadalajara, Mex. It was named by Deloitte as the 7th fastest growing tech company in North America.