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April 29, 2019

SalesLoft Raises $70 Million Series D for Sales Engagement

SalesLoft Raises $70 Million Series D for Sales Engagement


SalesLoft, which uses AI to help salespeople know what to say to their clients, has raised a $70 million Series D, brining total funding to $145.7 million. A little reminder that there’s life, and funding, outside of martech.

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Upland Software Buys PostUp Email Automation for $35 Million

Upland Software

Upland Software sells seven “enterprise solution suites” ranging from customer experience management and sales enablement to secure document services and professional services automation. They’ve just spent $35 million to buy PostUp, an email automation system that will add $11 million in annual revenue. That’s a much lower price-to-revenue ratio than usual these days.

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Verblio Buys Automagical Video Generator

PR Newswire

Another acquisition: content creation service Verblio has purchased Automagical, a system that uses AI to create videos based on blog posts. Verblio will add human editing and charge $85 per video. You may recall that Vimeo recently bought Magisto, another AI-based video generator.

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