ClearSlide Raises $28M in Expansion Capital

ClearSlide today announced that it has raised 28 million in Series B funding led by Bessemer Venture Partners BVP with participation from existing investors Greylock Partners and Felicis Ventures Byron Deeter partner at Bessemer Venture Partners and John M Jack former Chief Executive Officer and President of Fortify Software have joined ClearSlide’s board of directors

ClearSlide transforms enterprise sales teams by giving them a single modern cloud-based platform on which to communicate with their customers and prospects whether in-person over the phone or via email Companies use ClearSlide’s analytics to keep their sales teams on message identify and standardize best practices and optimize collateral For sales reps ClearSlide removes technology friction encourages teamwork and highlights customer interest ClearSlide is % focused on providing a broad integrated product platform that helps enterprise sales teams drive more revenue

At BVP we’ve been fortunate to work with and help nurture some of the largest businesses in the SaaS industry which has given us strong insight into the key growth drivers and metrics of leading cloud companies said Byron Deeter I was really impressed by ClearSlide’s team as well as their operating metrics and rate of market adoption There is extremely strong customer demand for their offering and we’re thrilled to work closely with ClearSlide in their next stage of hyper growth ”

ClearSlide will use the new funding to rapidly expand the team invest in new products and technologies open new offices and expand marketing The company has quickly grown to more than 100 employees with plans to more than double headcount in San Francisco and New York

We see a huge opportunity before us I’m excited that our latest round of funding gives us the resources to expand even faster said Al Lieb CEO and co-founder of ClearSlide I’m truly proud of what our team has built to date honored by the passion and loyalty from our customers and look forward to the size and scope of what we will build in the coming year ”

ClearSlide’s customer base is expanding rapidly and includes companies from a wide range of verticals including media technology business and financial services Industry-leading companies such as CareerBuilder Expedia Gannett Rackspace Shazam and The Weather Channel rely on ClearSlide daily for customer communications across their sales team

We ran a detailed study on the impact of using ClearSlide within our sales team said Andrew Garcia Media Sales amp Marketing Manager at Wayfair In Q2 we saw a % higher close rate for the companies we pitched using ClearSlide compared to our traditional average We also clearly saw that the reps that used ClearSlide the most also closed the most business ”

More information on the ClearSlide platform and innovative new product features that are helping sales professionals win more deals can be found at http://clearslide com/public/content/company/blog

About ClearSlide

ClearSlide provides the leading cloud-based sales communication platform designed specifically to meet the needs of enterprise sales professionals and help close more business Headquartered in San Francisco Calif , ClearSlide is funded by top Silicon Valley investors including Bessemer Venture Partners Greylock Partners and Felicis Ventures ClearSlide was a winner of the Red Herring’s Top 100 Americas award a prestigious award honoring the year’s most promising private technology ventures from the North American business region

For more information on ClearSlide visit a href=”http://www clearslide com target=”_blank”>www clearslide com