Hearsay Social receives USD30 million in Series C funding

By Marc Castro

Sep 05, 2013 12:17 PM EDT

One of the leading enterprise social sales platforms in use in the market today is operated by Hearsay Social. It had announced a strong business growth pattern with momentum coming from four key areas, namely new customer growth, strategic industry partnerships, international expansion and leadership hiring.

Established in 2009, Hearsay Social was able to raise USD30 million in Series C funding led by Sequoia Capital and NEA. This amount would bring its total funding raised to USD51 million. The funds would be utilized to accelerate product development, ensure customer satisfaction and establishment of marketing efforts to provide better services to enterprise customers in its continued path of expansion.

According to Hearsay CEO Clara Shih, "From day one, our mission has been to deliver success for sales organizations in the social media era. We are humbled by these recent milestones and above all, thank our customers for their vision and partnership."

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