Vlocity raises $50M

What does Vlocity do?

Vlocity, is a leading industry cloud company. This company’s cloud apps help users in delivering the industry specific, high quality experiences which customers crave. It is a leading industry cloud software company with in depth domain expertise in vertical applications, empowering companies in delivering unified, omni channel customer experience. These cloud apps are modern cloud and mobile software which embed industry-specific functionality, business processes and best practices for customer centric industries. These applications help companies in achieving faster business agility and time to value from the cloud.

How much Vlocity was funded?

The company raised $50M in undisclosed round on September 20, 2016 from Wildcat Venture Partners, Kennet Partners, TDF Ventures, New York Life Investment Management,  Sutter Hill Ventures, Accenture and Salesforce Ventures.

Previous funding

$42.8M in Series A on April 16, 2015 from Salesforce Ventures, Accenture.

What is next for Vlocity?

Vlocity plans to use the latest funding in accelerating the delivery of industry cloud software by fueling the expansion of its support and service infrastructure for its customers globally. The company’s CEO and founder said that the company is delighted by its incredible success its customers are realizing when adopting the industry’s mobile and cloud apps.

More about Vlocity

Vlocity was founded in 2014 by Young Sohn, Craig Ramsey, David Schmaier, James Ramsey,  James Ramsey and Mark Armenante. It has its headquarters in San Francisco, California. This is industry’s leading cloud software company, which empowers companies in delivering unified, industry-specific customer experiences. The company empowers organizations in delivering unified, industry-specific customer experiences in customer centered industries, including Insurance, Public Sector, Communications and Media. Its lead customers include Cellcom, Sky Italia, New York Life, Fastweb and the City of Toronto. With a combination of operations expertise and deep industry knowledge with the enabling power and agility of the cloud, this company is empower organization to serve their customers better.