Written by Chris Dalton | Jan 04, 2017
We are thrilled to announce we have received $20 million in funding led by Insight Venture Partners and joined by Salesforce Ventures. With funding from two of the most seasoned venture firms in our industry, we will invest significantly in our product development, continued growth in the U.S. and EMEA, and our team of B2B experts.
This is major milestone for our company and solidifies our position as the only B2B commerce solution built natively on Salesforce and global leader in SaaS commerce technology. Having Salesforce Ventures invest in our company is also a strong testament to the power of our platform and the important role B2B commerce plays in the Salesforce ecosystem.
As more companies recognize the value of SaaS, we have grown tremendously, furthering our vision of developing an innovative B2B commerce platform that allows businesses to generate online revenue fast and easily scale for growth. Our clients, which represent market leaders in manufacturing, CPG, software and media, and healthcare, launch robust commerce sites at unprecedented speed, enabling digital transformation and a 360-degree view of customers.
We’ve had the pleasure of working with market leaders like Coca-Cola, Kellogg’s, AB InBev, Ecolab, GE and more, while achieving triple-digit growth, expanding our strong partner network and launching four major product releases in addition to ongoing upgrades and extending our API-first infrastructure. With CloudCraze’s technology, our clients understand customer behavior and constantly iterate based on changing market needs.
The investment by Insight Venture Partners and Salesforce Ventures is a testament to the outstanding work we’ve done and our future potential. 2016 has been quite a year and we are thrilled to kick off 2017 with this exciting news.
To learn more about this investment, read Chicago Tribune’s Blue Sky Innovation article highlighting our growth and the news: CloudCraze raises $20M to grow Chicago-based B2B commerce company.
If you’re interested in joining our fast-growing team, check out our open positions: www.cloudcraze.com/careers