Venture Capital News

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo (NASDAQ: GTM), the all-in-one AI GTM platform, has reported that Demodesk, a Munich-based sales meeting and coaching software company, has cut the time its sales development reps spend on daily prospect research from two to three hours to 10 to 15 minutes, according to the company. Demodesk sells software that takes non-selling work off sales reps. Its platform loads a playbook into every customer meeting, so a seller has the right slides, talk tracks...

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo (NASDAQ: GTM), the all-in-one AI GTM platform, has reported that BlueWhale Research, a B2B lead generation firm serving technology companies, delivers more than 45,000 leads a month with a lead rejection rate of less than 1 percent over the past five years, according to the company. The industry standard for third-party lead generation programs runs between 15 and 20 percent. BlueWhale, an Inc. 5000 company, produces hundreds of thousands of qualified...

LOS ALTOS, Calif.--(BUSINESS WIRE)--TSVC (formerly TEEC Angel Fund) today issued a public clarification regarding inaccurate public statements made by Larry Li, Founder and Managing Partner of Amino Capital, concerning TSVC's landmark 2011 seed investment in Zoom Video Communications (then SaasBee). Founded in Silicon Valley in 2010, TSVC has invested in more than 200 technology startups, helping build 12 unicorns and 5 IPOs from the seed stage, including Zoom, Carta, Ginkgo Bioworks, Iterable,...

NEW YORK--(BUSINESS WIRE)--TravelX, the AI-native pioneer in post-booking revenue management, announced that Kaszek, Latin America's leading venture capital firm, made a substantial investment in its platform, bringing the company's total funding to $45 million. The investment marks Kaszek's first foray into the aviation technology space, reflecting its conviction that artificial intelligence is creating an entirely new category of revenue management solutions, one capable of transforming airli...

SAN FRANCISCO--(BUSINESS WIRE)--Rillet, the AI-native ERP (enterprise resource planning) platform for modern finance teams, today announced a $100 million Series C led by ICONIQ at a $1 billion valuation, with participation from Sequoia, Andreessen Horowitz, Sequoia Global Equities, Bain Capital Ventures, Oak HC/FT, Battery Ventures, FirstMark, Scale Venture Partners, and Creandum. The round is Rillet’s third in the last year and brings total funding to more than $200 million. The raise follows...

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo (NASDAQ: GTM), the all-in-one AI GTM platform, has reported that National Recruiting Network, a recruiting firm placing engineering, maintenance, and leadership talent in plastics and packaging manufacturing, has raised its candidate connection rates by 25% and cut its manual sourcing work by 50%, according to the company. It did so with a small team, in a labor market where every qualified candidate had options. National Recruiting Network was under...

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo (NASDAQ: GTM), the all-in-one AI GTM platform, has reported that AK Operations, a fractional sales and marketing firm based in St. Louis, Missouri, has driven a 600% lift in qualified deals for its clients within six months of an average new client relationship, according to the firm. AK Operations operationalizes its clients' CRMs, connecting marketing and sales campaigns so demand generation runs on autopilot. Its model starts from a hard constraint...

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo (NASDAQ: GTM), the all-in-one AI GTM platform, has reported that Pacific Energy Concepts, an energy optimization company that designs LED lighting, advanced controls, and Smart Motor retrofits for commercial and industrial buildings, has increased its call-to-connect rate by 53.42% and its overall prospecting activity by 60.75% since adopting ZoomInfo, according to the company. Pacific Energy Concepts sells energy-efficiency retrofits to major retaile...

ATLANTA--(BUSINESS WIRE)--BrknPar Venture Fund today announced that former Major League Baseball standouts Jon Jay and Tyson Ross have joined the firm as Athlete Venture Partners (AVPs). Both have invested alongside BrknPar and will play active roles in sourcing investment opportunities, evaluating prospective investments, supporting portfolio companies, and expanding the firm's strategic network across the sports technology ecosystem. BrknPar was founded on a simple belief: the greatest invest...

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo (NASDAQ: GTM), the all-in-one AI GTM platform, has reported that Prodoscore, an employee productivity software company based in Irvine, California, grew its email open rates by 15% in a single year after switching to ZoomInfo for cleaner, more accurate data, according to the company. Prodoscore builds software that turns activity across a company's everyday tools into a single productivity score. To sell it, the revenue team has to reach the right peo...