Gong.io raises $6M in Series A


 

What does Gong.io do?

Gong.io, is a software as a service company which pioneers in business to business sales conversation intelligence field. The company used artificial intelligence for analyzing spoken conversations from audio sources. The company helps in identifying dozens of sales coaching and development chances for helping in the delivery of better experience to its buyers. The company is now at the top of its sales stack. The company is led by a strong team of scientists, executives and engineers. The company’s technology is the most significant invention for sales since the invention of CRM.

How much Gong.io was funded?

The company raised $6M in Series A on June 21, 2016 from Shlomo Kramer and Norwest Venture Partners – NVP.

What is next for Gong.io?

Serial entrepreneurs Elion Reshef and Amit Bendov who co-founded the company will fill the void they found in the market while managing some of the hyper growth startups. There is a huge gap in the present BI solutions, analyzing data which is unstructured from conversations like job interview, customer communications and company meetings. The company aims at leading this new kind using multiple disciplinary tech. The first chance for the company is business to business sales, where optimization through analytics results in high conversion and huge rate of interest.

 

More about Gong.io

Gong.io was founded by Eilon Reshef and Amit Bendov. It has its headquarters in Palo Alto, California. The company provides visibility so sales executives and representatives can know what is happening on every single call. The company analyzes spoken conversations from most of the audio sources, web conferences such as GoToMeeting, Cisco WebEx and Zoom. The company them ties the results to CRM systems. It is delivered as a cloud software and users can start in just 5 minutes. The company was in stealth mode since past 9 months and has developed and deployed its sales conversation intelligence solutions in many organizations and has had significant sales.