Highspot Secures $35M Series C Funding Round
- Written by Elise Schoening
- Published in Financial News
Source: Highspot
Highspot, a sales enablement software, raised $35 million in a Series C funding round led by OpenView. Additional contributions were made by Madrona Venture Group, Salesforce Ventures and Shasta Ventures.
According to the company, the funding will be used to accelerate market expansion.
"Having achieved a leadership position in the sales enablement space, Highspot is poised to scale globally," said Robert Wahbe, Co-Founder and CEO of Highspot, in a statement. "We are excited to partner with OpenView, and we look forward to taking our sales enablement solution that sales reps and marketers love to new markets."
As part of the agreement, Blake Bartlett, a Partner at OpenView, will join Highspot’s Board of Directors.
"Highspot is the ideal investment for us, given our firm's focus on product led growth and rapid market expansion," said Bartlett in a statement. "After speaking with Highspot's customers, it was clear that the company is changing the sales enablement landscape in a fundamental way by creating a product that is indispensable to a seller's daily workflow."