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American SaaS firm ClearSlide lands $50M in Series C funding to help salespeople make effective presentations

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February 27
1:43 PM 2014

SaaS (Software-as-a-Service) firm ClearSlide has secured $50 million in a Series C financing led by The Social+Capital Partnership. Existing investors Greylock Partners, Felicis Ventures, and Bessemer Venture Partners also contributed to the funding, according to TechCrunch.

The latest funding round brings ClearSlide's total raised capital to $90 million, the report added.

ClearSlide helps increase productivity of salespeople. Its flagship product is a platform where users can upload all the information they need to present. Teams can then edit and share the uploaded information. According to Chief Executive Officer (CEO) Al Lieb, the tool combines screen sharing, powerpoint, and other applications that sales reps use in a single service. The platform also has analytics that can boost sales productivity, the report detailed.

The company's clients include sales workforce at LinkedIn, Expedia, Intuit, Comcast, Amazon, The Wall Street Journal, and Rackspace, the report added.

Lieb said ClearSlide will use the new capital to hire additional personnel and develop its products, TechCrunch reported.

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