Cognism will begin in 2022 and will secure an investment of $ 87.5 million.
The $ 87.5 million Series C funding investment solidifies the position of European leader and accelerates the growth of the US market.
- New investors Viking Global Investors and Blue Cloud Ventures have raised $ 87.5 million with subsequent investors AXA Venture Partners, Swisscom Ventures and Volution.
- With 100% ARR growth and impressive customer acquisition in 2021, Cognism is ready for continued success in 2022.
- In 2021, Cognism launched Diamond Data® and partnered with Bombora to provide intent data.
- In 2021, Cognism’s technology helped more than 1,000 customers in more than 40 countries access compliant contact and contextual data.
London, UK: Cognition, A globally compliant international sales intelligence provider, has secured $ 87.5 million in funding, led by new investor Viking Global Investors.
They are joined by fellow new investors Blue Cloud Ventures, followed by investors AXA Venture Partners, Swisscom Ventures and Volution.
The capital continues its impressive rapid growth, supporting cognism. This supports the company’s ambitious plans to expand throughout Europe and strengthen its position in the United States, solidifying its position as a leading provider of compliant and actionable B2B sales intelligence. The company envisions this expansion as a combination of organic growth and acquisitions.
In 2021, Cognism opened a US office in Boston, led by former ZoomInfo VP Sales Mark Bedard, with industry veteran Phil Garlick on board.
Over the last few months, we’ve seen significant investments in new products and partnerships. This year again, the company launched Diamond Data®. It provides the international business development team with the most accurate, GDPR and CCPA compliant phone-validated contacts and sets new standards for data quality. Cognism has also partnered with Bombora to provide industry-leading intent data within the latest version of Cognism’s platform. This allows sales and marketing teams to identify accounts that are actively on the market and ready to buy. In 2021, the company reported 100% ARR growth.
James Isilay, CEO of Cognism, said:
“No other software company offers a truly global sales intelligence platform like Cognism. Combining premium quality contact data with advanced contextual data points such as technology and buyer intent signals. We help our modern revenue teams confidently exceed their goals with their next-best customers in the most predictable, efficient and cost-effective way. Allows you to build meaningful relationships with.
“We are pleased to welcome Viking Global Investors as a new lead investor. This funding will provide more companies with international sales intelligence and set new standards for data quality and compliance over the next few years. As a leading provider of intelligent B2B sales data, we will accelerate our growth and global expansion plans. “
During 2021, cognism was recognized on the “Notable” list of many industries, including: Deloitte Fast 50 has surpassed LinkedIn’s UK Top Start-Ups for the third consecutive year and participates in TechNation’s Future Fifty program.
Customers who benefit from access to Cognism’s unmatched sales intelligence continue to sell successfully. Ultima, a UK-based sales information technology and services company, aimed to improve performance and boost the morale of its sales team. They turned to Cognism to provide access to accurate and compliant B2B data.
George Mckenna, Head of Cloud Sales at Ultima, said:
“Sales managers made 100-150 calls per day. Now they can reach their goals with 30 calls. Our sales cycle is usually 6-8. It’s been a month. With Cognism, I was able to confirm my ROI in 8 weeks from my intent data and direct dialing. “
Cognism’s continued success and revenue growth are a testament to the demand from B2B companies for high-quality contact and account data. Recognized for its ongoing commitment to complying with international compliance laws and market needs, it provides premium sales intelligence to the modern revenue teams of more than 1,000 companies worldwide. The company currently includes more than 250 employees based in seven countries, including the United Kingdom, the United States, Canada, South Africa, Croatia, Macedonia and Germany.
Cognism is a leader in premium sales intelligence, setting new standards for data quality and compliance and being trusted by over 1000 revenue teams around the world.
Cognism makes companies dream by providing premium contacts, companies and event information such as company statistics, technology, sales trigger events, intent data, validated business emails, phone-validated mobile phone numbers and more. Helps you connect and win customers.
With the next level of GDPR and CCPA compliance, which combines innovative technology with integration with leading CRM and sales engagement platforms, Cognism creates a predictable pipeline, finds next-best business opportunities, and is global. It’s the number one option for companies looking to overcome compliance barriers.
To learn more about Cognism’s intuitive premium sales intelligence platform with world-leading data, compliance and targeting, visit: www.cognism.com..
Cognism Secures £ 63.7m Series C Investment Led by Viking Global Investors and Blue Cloud Ventures – UK Tech Investment News
Source link Cognism Secures £ 63.7m Series C Investment Led by Viking Global Investors and Blue Cloud Ventures – UK Tech Investment News