• General
  • August 12, 2020
  • 3 minutes read

Gong Nabs $200 Million Series D

Gong CEO Amit Bendov (left) and chief product officer Eilon Reshef (right). Photo credit: Gong Gong, the San Francisco-based sales…

Gong CEO Amit Bendov (left) and chief product officer Eilon Reshef (right).

Photo credit: Gong

Gong, the San Francisco-based sales software startup, has announced that it’s raised $200 million in Series D funding that values it at $2.2 billion. The new funding follows a $65 million Series C that Gong raised in December of last year. Venture capital firm Coatue Management led the new funding, with additional participation from the likes of Index Ventures, Salesforce Ventures, Thrive Capital, Battery Ventures, Sequoia Capital, and Norwest Venture Partners. With the new raise, Gong has now raised a total of $334 million in funding since inception.

Gong’s Series D, its largest single round of investment ever, comes on the heels of 2.5X revenue growth year-to-date in 2020, according to a press statement. The company now has more than 1,100 enterprise customers and with over 64,000 sales and support professionals from them using its software. Going will put the new funding towards product and market expansion.




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