Seismic Raises $100 Million in Latest Funding Round
Seismic, a leader in sales and marketing enablement, is receiving $100 million in a Series E round of funding to grow its business and innovations.
The round was led by Lightspeed Venture Partners and funds and accounts advised by T. Rowe Price Associates, Inc. Existing investors General Atlantic, JMI Equity, and Jackson Square Ventures also participated in the round. The round brings the total amount raised by Seismic to date to $179 million.
Seismic plans to use the new round of funding to accelerate growth in global markets and product innovation.
Having launched offices in Sydney, Australia and London in 2017, the company plans to accelerate investment in markets outside the United States from both a go-to-market and global customer implementation and support perspective.
Additionally, Seismic will continue to ensure that the company’s platform remains well ahead of competitive offerings.
Seismic also announced that John W. Thompson, a venture partner at Lightspeed and chairman at Microsoft, will join Seismic’s board of directors.
Thompson brings with him more than 40 years’ executive leadership experience at companies such as IBM, Virtual Instruments, and Symantec, where he served as CEO for ten years. Thompson currently also sits on the boards of cloud data management company Rubrik and gene sequencing company Illumina.
Seismic’s sales enablement platform helps sales and marketing teams better engage customers by automatically equipping sellers with the right content, information and training for every customer interaction.
For more information about this news, visit https://seismic.com.