San Francisco-based predictive intelligence firm 6sense has raised $100m in debt financing, which it will use to grow its market presence.
The firm, which launched out of stealth in 2014 with a $12m investment round, taps into AI, proprietary machine learning algorithms and behavioral data to help clients identify potential B2B customers and predict sales. Its Account Based Orchestration Platform is used to uncover anonymous buying behavior, buyer intent data and predictive analytics; and its recently launched Revenue AI sales and marketing platform offers access to anonymous research conducted by buying teams, and a data set on accounts and buying teams, through which sellers can prioritize who and when to target.
New financing comprises a senior secured revolving credit facility from Silicon Valley Bank (SVB), a division of First Citizens Bank. CEO Rob Goldenberg (pictured) comments: 'The global financial market direction is still fluid, in turn financial institutions are applying scrutiny never seen before. Having met the rigor that is necessary to secure the terms we received, we look forward to working again with SVB on this recent refinancing to fuel future innovation and expansion.'
Web site: www.6sense.com .
All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.
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