Monday, August 16, 2021

Seismic Scores $170M, Now Worth $3 Billion

San Diego-based sales and marketing software developer Seismic has raised $170M in a Series G funding round, the company said this morning, and is now valued at $3 billion. The Series G round was led by Permira and also included JMI Equity, Lightspeed Venture Partners, Jackson Square Ventures, Ameriprise, and funds and accounts advised by T. Rowe Price, according to the company. Along with the funding, the company said it has acquired Lessonly, a developer of sales training, coaching, and enablement software which is based in Indianapolis. Financial details of that acquisition were not announced. Seismic has now raised $440M in total funding. The company said the new funding will be used to continue expanding Seismic's platform, R&D, and global footprint. Doug Winter is the co-founder and CEO of Seismic. More information »