Coverager: Vlocity Raises $60M Series C

Vlocity Raises $60M Series C

Summary of article by Shefi Ben-Hutta for Coverager

Cloud Software Company Vlocity has Announced a $60m Series C Tound

The funding round was led by Sutter Hill Ventures and Salesforce Ventures, with participation from new investor Bessemer Venture Partners and existing strategic investors Accenture and New York Life.

Vlocity customers include leaders and emerging players in five specific industries: Communications and Media; Insurance and Financial Services; Health; Energy and Utilities; and Government and Non-Profit. And it now has more than 700 employees in 20 countries around the world who are all rooted in Vlocity’s seven Core Values including “Customers First” and “People are the Core”.

I am delighted by the incredible success and transformation that our customers realize when they adopt our modern industry cloud and mobile applications.

– David Schmaier, Founder & CEO, Vlocity

Read more here.