The cloud banking software provider has secured $51.8m in a Salesforce Ventures-led round that will support product development.
Salesforce Ventures, the corporate venture capital arm of enterprise software provider Salesforce, led a funding round for US-based cloud banking software producer nCino yesterday sized at $51.5m according to a securities filing.
The company said the round included an existing shareholder, and in a statement identified venture capital and private equity firm Insight Venture Partners and investment management firm Wellington Management as backers.
Founded in 2012, nCino has built a cloud-based software product on Salesforce’s customer relationship management platform that…
