The sales readiness software producer added SoftBank Vision Fund 2 to an investment base already containing Qualcomm Ventures at a reported $500m valuation.

Internet and telecommunications group SoftBank’s Vision Fund 2 led a $100m funding round for US-based sales preparation software provider MindTickle yesterday that the Economic Times reported valued it at $500m.

The round included Qualcomm Ventures, the corporate venture capital arm of mobile semiconductor technology producer Qualcomm, as well as VC firms Norwest Venture Partners (NVP), Canaan and NewView Capital.

MindTickle has created a software product that utilises data-based intelligence to help train sales teams and make sure they have up-to-date…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.