Get breaking news alerts via email

Click here to manage your alerts
Insidesales.com gets additional $35 million in financing

First Published Jan 11 2013 09:02 am • Last Updated Jan 11 2013 07:08 pm

InsideSales.com, a Provo-based company that offers software to help sales teams improve their results, said it has received $35 million in additional capital in a financing effort led by U.S. Venture Partners and its investor, Hummer Winblad Venture Partners.

"Our technology is fundamentally changing the way people think about and interact with their prospects and customers," David Elkington, Insidesales.com’s founder and CEO, said in a statement. "We apply science and statistics to sales, increasing productivity and results for our customers."

Join the Discussion
Post a Comment

Elkington said the new fund will help the company keep up with demand in the market, add needed capacity, and continue to develop new products and technologies.

"InsideSales.com is riding the crest of our different growth trends all at the same time — Saas [software as a service], inside sales, Internet-based lead generation and predictive analytics," said Dafina Toncheva, a partner at U.S. Venture Partners.

As part of the financing, Toncheva will join InsideSales.com’s board of directors, which already includes Mark Gorenberg of Hummer Winblad, and Josh James, the founder of Omniture, a web-based data analytics company that was sold to Adobe for $1.8 billion in 2009.

Copyright 2014 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Top Reader Comments Read All Comments Post a Comment
Click here to read all comments   Click here to post a comment

About Reader Comments

Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.
Staying Connected
Contests and Promotions
  • Search Obituaries
  • Place an Obituary

  • Search Cars
  • Search Homes
  • Search Jobs
  • Search Marketplace
  • Search Legal Notices

  • Other Services
  • Advertise With Us
  • Subscribe to the Newspaper
  • Access your e-Edition
  • Frequently Asked Questions
  • Contact a newsroom staff member
  • Access the Trib Archives
  • Privacy Policy
  • Missing your paper? Need to place your paper on vacation hold? For this and any other subscription related needs, click here or call 801.204.6100.