Deals

InsideSales laces up $35 million from hills of Silicon Slopes

skiInsideSales.com closed a deal for $35 million in its second round of funding to help it turns data science and statistics into sales for you.

InsideSales applies data science and statistics to increase sales for businesses. Its products provide cloud-based sales automation and predicative analytics services to get the most out of remote sales efforts and stay on top of leads. Tools include the PowerDialer, PowerText, and PowerSocial, which help salespeople increase their reach, as well as gamification tools and scheduling assistance. It’s PowerDialer for SalesForce 5.0 is one of the most popular applications on the Salesforce AppExchange.

Clients include Cisco, Dell, Eloqua, Gannet, and Groupon. Sales for InsideSales itself grew by over 100 percent last year, according to a statement issued by the company, and are continuing to grow. This hefty investment will help scale the platform as well as add new solutions.

New investor U.S. Venture Partners and existing investor Hummer Winblad Venture Partners led this round.

InsideSales.com was founded in 2004 and is based in Provo, Utah. This brings its total funding to $39 million to date, following a $4 million Series A in August of 2012. Read the press release.