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SEATTLE, June 2, 2021 /PRNewswire/ --
Outreach, the largest and fastest-growing sales engagement platform provider, announced today it has closed a $200 million funding round co-led by new investors, Premji Invest and STEADFAST Capital Ventures. This funding round raises Outreach's valuation to more than $4.4 billion and its total funding to $489 million. The additional funding will further strengthen Outreach's position as a leading sales technology platform while accelerating market expansion and growth.
"This past year represents a true moment of maturity for Outreach - we are now a mission-critical part of the revenue tech stack for customers," said Manny Medina, CEO and co-founder of Outreach. "The bets we made years ago, including significant investments in artificial intelligence combined with prospecting, closing and customer success capabilities integrated into one holistic platform, are what revenue organizations need most right now to be successful. We continue to lead and expand the vision for sales engagement. Now, we are poised to deliver more meaningful business outcomes for our customers than ever before - from the rep to the CRO, and from small businesses to the enterprise."