Sales communication platform Outreach became the fifth company to receive funding from Microsoft Ventures in the space of a month, raising $17.5m in series B capital.
Outreach, the US-based developer of a data-driven sales communication platform, completed a $17.5m series B round yesterday featuring Microsoft Ventures, the corporate venturing arm of software producer Microsoft.
Venture capital firm Trinity Ventures led the round, which also included undisclosed existing investors, and Trinity general partner Karan Mehandru has joined Outreach’s board of directors. Outreach is the fifth company Microsoft Ventures has funded since it restarted direct investments last month.
Outreach has created a business sales assistance platform that can…