The LinkedIn-backed sales management software provider has closed an Owl Rock Capital-led round at a $1.1bn valuation.

SalesLoft, a US-based sales engagement platform developer backed by social media platform developer LinkedIn, completed a $100m funding round yesterday valuing it at $1.1bn.

The round was led by alternative asset manager Owl Rock Capital and also featured growth equity firm Insight Partners, private equity firm HarbourVest and venture capital firm Emergence Capital. It took the company’s total funding to $246m.

Founded in 2011, SalesLoft has built a software platform that helps sales teams connect with their customers across multiple…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.