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Kajabi Collects Massive $550M Round

socalTECH

Irvine-based e-commerce software developer Kajabi said this morning that it has raised a massive, $550M funding round, which values the company at over $2 billion. Kajabi says it is profitable, and will use the funding to scale its team and build out its products, expand internationally, and explore strategic mergers and acquisitions.

Commerce 113
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Seismic Scores $170M, Now Worth $3 Billion

socalTECH

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. 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.

San Diego 113