The business digitisation software producer is reportedly valued at $1bn, having secured $60m in a round co-led by Salesforce Ventures and backed by Accenture and New York Life.
Salesforce Ventures, customer relationship management (CRM) software provider Salesforce’s corporate venturing arm, led a $60m series C round for US-based digital transformation technology producer Vlocity on Tuesday.
Venture capital firm Sutter Hill Ventures co-led the round, which included professional services firm Accenture, insurance firm New York Life and VC firm Bessemer Venture Partners. It valued the company at $1bn according to TechCrunch.
Vlocity provides mobile and cloud software that helps customer-focused businesses modernise their processes. The technology was developed in…
