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Demandbase closes $65M funding round

By TechTaffy Desk

Artificial intelligence-enabled account-based marketing (ABM) company Demandbase has closed $65 million in funding. The investment was led by Sageview Capital, along with new investor Silver Lake Waterman, Silver Lake’s late stage growth capital fund. The round also includes existing investors Adobe Systems, Altos Ventures, Greenspring Associates, Scale Venture Partners, Sigma Partners and Split Rock Partners.

Demandbase has received $150 million in funding to date. The company’s customers include Accenture, Adobe, Dell, DocuSign, GE, Grainger, McKesson, Oracle, and Salesforce, according to Demandbase.

[Image courtesy: Demandbase]

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