The CRM market leads all enterprise software categories, and is projected to grow to a $36 billion market by 2017, according to Gartner Research*. Earlier this year, CSO Insights found that 63% of sales reps' time is spent in non-sales activities such as research. Worse, only about 60% make quota. Most marketing and sales departments report poor CRM adoption**. InsideView unlocks the power of these CRM investments and provides the critical intelligence these professionals need to effectively build pipeline and grow revenue. "This investment allows us to rapidly deliver critical new capabilities and CRM integrations that will help our customers achieve greater marketing and sales performance," continued Milletti. "As CRM adoption grows, InsideView will continue to provide advanced functionality that makes CRM investments pay off for B2B enterprises."
InsideView provides CRM Intelligence to drive marketing, sales and account management results. We help you find better leads, win more deals and maintain and grow customers. InsideView provides the data, insights, and connections that make every prospect and customer conversation more relevant, valuable and productive. InsideView® is used by more than 350,000 sales and marketing professionals, and in over 13,000 market-leading companies including Adobe, Hub International, Franklin Covey, Rosetta Stone, and SuccessFactors. InsideView is headquartered in San Francisco, California. Follow @InsideView on Twitter or the InsideView Blog. For more information, visit www.insideview.com.
About Emergence Capital Partners
Emergence Capital Partners, based in San Mateo, Calif., is the leading venture capital firm focused on early and growth-stage Technology-Enabled Services companies. Its mission is to invest in emerging leaders unleashing the power of Technology-Enabled Services to empower business users and organizations around the globe. Emergence's partners have funded and helped build more than 50 TES companies, more than any other venture firm. Emergence Capital has $575 million under management. The firm's investments include companies such as Salesforce.com (CRM), SuccessFactors (SFSF), Yammer, Lithium, YouSendIt, Box, and Veeva Systems. More information on Emergence's third fund can be found at http://www.emcap.com/
About Foundation Capital
At Foundation Capital, we're dedicated to the proposition that one entrepreneur's idea, with the right support, can become a business that changes the world. We helped Atheros create the mobile Internet, EnerNOC invent the energy demand response market, and Netflix revolutionize media distribution and consumption, among many others. We're currently invested in more than 80 high-growth ventures in the areas of consumer, information technology, software, semiconductors, and clean technology including BoardVantage, Chegg, Coverity, Lending Club, MobileIron, Simply Hired, Sunrun, TubeMogul and Venafi. Foundation Capital's eighteen initial public offerings include Envestnet, Financial Engines, Netflix, NetZero, Responsys and Silver Spring Networks. For more information, please visit www.foundationcapital.com.
About Rembrandt Venture Partners
Rembrandt Venture Partners (RVP) was established in 2004 to provide private equity capital to early stage technology companies. We focus our investments on a variety of sectors including Internet infrastructure, application software delivered as a service, communications, mobile products and services. www.rembrandtvc.com
About Split Rock Partners
Split Rock Partners, with offices in Minneapolis and Menlo Park, seeks emerging opportunities in software, Internet services and healthcare. Since 2005, Split Rock has raised $575 million over two funds. Split Rock supports leading teams with flexible capital spanning both primary and secondary investments. Representative companies backed by Split Rock's team include 8thBridge, Ardian, Atritech, BlueKai, Code42, Compete, eBureau, Entellus, Evalve, HireRight, Histogenics, Holaira, Intacct, Janrain, LowerMyBills, MyNewPlace, QuinStreet (NASDAQ: QNST), RF Surgical, SPS Commerce (NASDAQ: SPSC) and Tornier (NASDAQ: TRNX). Additional information about the firm can be found at www.splitrock.com
All brands mentioned in this press release are the sole property of their registered owners.
•Gartner Group, as reported in Forbes Magazine, June 18, 2013 •CSO Insights, 2013
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