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

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

Sep 20, 2016 by Vlocity
1 minute read
Former Siebel Execs Tackle Industry-Specific Cloud Apps

By Heather Clancy@GreenTechLady, Fortune

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.

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.