Vlocity's Former Siebel Execs Tackle Industry-Specific Cloud Apps

Former Siebel Execs Tackle Industry-Specific Cloud Apps

Vlocity is one of the fastest growing software firms in the Salesforce ecosystem.

Vlocity, a fast-growing startup that sells cloud software for specific industries like insurance and telecommunications, gained more velocity Tuesday with a $50 million infusion that almost doubles its previous backing.

By Heather Clancy@GreenTechLady, Fortune

The lead investors is Sutter Hill Ventures. Also participating in the round are Salesforce Venture along with Accenture, one of Vlocity’s most successful installers, and New York Life Insurance Co., a high-profile customer. Accenture also participated in the San Francisco-based startup’s $42.8 million round in April 2015.