附近上门

Revenue intelligence startup has landed $200 million in a Series D round of funding, bumping its valuation up to $2.2 billion.聽

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Gong helps revenue teams make decisions based on data-driven insights. Frustrated with how little companies understood about their customer patterns, CEO co-founded the company with CTO Eilon Reshef. Too many decisions were driven by anecdotes, he said.

There needed to be a system that captured what customers were saying over the phone, email, etc., and a way to make sense of that information.

鈥�(Companies) don鈥檛 have the data to understand why customers are churning, what makes some customers buy and others not, what competitors are doing in the market,鈥� Bendov said.

Gong helps companies with information like churn prediction and sales forecasting. Now is 鈥減robably the worst time of all to be blind to what鈥檚 happening in your market,鈥� he added.

The Series D round is large, but Gong didn鈥檛 need the cash, according to Bendov. The company is still running off of the $40 million it raised in February 2019, and hasn鈥檛 touched the $65 million it raised in December, Bendov said.

The company is looking to grow and expand globally next year, so it will help to have money in the bank in case it wants to make an acquisition or make other strategic moves. So far the company has 320 employees, and plans to hire 鈥渉undreds鈥� more in the next year, with at least 100 hired before December.

led the Series D round, with participation from , and . Existing investors , , l and also invested in the round, which brings Gong鈥檚 total funding to .

Disclosure: Salesforce Ventures, an investor in Gong, is also an investor in 附近上门, the parent company of 附近上门 News. 附近上门鈥檚 investors are listed as part of its . For more about 附近上门 News鈥� editorial policies on disclosure, see the News team鈥檚 About page.

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